The World Cup and wealth management

Are you watching the World Cup? Even Americans who don’t tend to follow soccer can get hyped about the most popular sport in the world when nations face off against each other.

Athletes offer unique challenges —?and exciting possibilities —?for advisors. There is the potential for clients to come into millions of dollars when they are drafted or sign new contracts. But as soon as the paydays come, an athlete’s career can come to an end. Skills fade, injuries derail.

As the U.S. faces off against Wales (no spoilers here, just in case), we offer stories about how advisors can best attract, retain and serve athletes and other celebrities.