Athletes & Sports Professionals

Schwartz Financial Services offers programs to suit the needs of professional athletes from the NHL, NBA, MLB and NFL. Our programs include:

Frequently Asked Questions

Why should professional athletes hire a financial planner?

Professional athletes face unique financial situations. Not knowing how to properly plan for your financial future can lead to a lot of difficulties down the road, just ask Allan Iverson or Scottie Pippen or more recently Jack Johnson.

Why do athletes need specialized programs?

Professional athletes are in unique situations. Balancing an influx of money while maintaining your professional career is almost impossible. Some professional athletes may be overcome with financial burden due to genuinely not knowing how to control their finances. This is where we come in. Schwartz Financial Services is able to take a look at your specific circumstance and create a unique portfolio to help you obtain your financial goals and plan for your financial future.

How is your company geared towards servicing Professional Athletes?

It doesn’t take much to realize the financial difficulties facing a professional athlete. With the average career of a professional athlete typically lasting 3-5 years we understand you require a unique profile. Proper investing and financial planning now will drastically effect your finances in the future.

What should I expect from a financial advisor?

Professional athletes have a unique financial profile. A financial advisor will help potential growth and help protect the value of your assets for years to come while prioritizing you financial goals. We offer recommendations to help with your unique financial circumstances and invest for your future.

How can I keep track of my finances?

Schwartz Financial Services will provide you with your own personal financial website. Here you can keep track of everything you own all in one place. This is a private a secure location where your data is consolidated helping you stay organized. Your personal website will help you stay on track while monitoring cash flow, reviewing budgets and seeing how your spending habits today can influence your financial goals for tomorrow.

Helpful Links:

Ten Financial Tips for Professional Athletes

Our Programs

Retirement Planning

No matter what stage of your professional career it is never too soon to start planning for retirement. This is especially true for Professional Athletes considering the possible fluctuations in salary and short career length. During this time, you will most likely earn more money per year, than at any other time in your life.

That is why it is so important to make sure that your investment decisions, saving habits, and spending tendencies are guided by a professional at Schwartz Financial. We work with you to establish a retirement plan enabling you to maintain a high standard of living, long after your playing days are over. Our goal at your retirement is for you to be financially sound– able to do whatever you wish with the rest of your life.

Investment Consulting

With the wide variety of choices available investing can be overwhelming. Michael Schwartz works with Professional Athletes to make wise decisions and create a wealth profile unique to their particular financial goals. With 30 years of experience in the finance industry we look at investments objectively and help guide you through the process of making wise financial decisions. Prior to offering advice you will consult with the advisor giving him a clear and detailed understanding of your goals and values.

Investment Options Include: Stocks, Bonds, Mutual Funds to Alternative Investments (such as Real Estate Investment Trusts and Liquid Alternatives).

Wealth Management

Schwartz Financial utilizes a comprehensive wealth management approach to meet all of your financial needs and goals. We have over 30 years of experience of constructing integrated, customized solutions for you our client. Our Comprehensive Wealth Management Solutions are designed to solve your financial challenges and enhance your financial situation throughout all three phases of your financial life: Wealth Accumulation, Wealth Preservation and Wealth Transfer.

Insurance

Insurance protects individuals and their families from unexpected events. At Schwartz Financial, we are experienced and licensed to provide Life, Disability and Long Term Care Insurance to clients. We will evaluate your situation and help you determine the appropriate amount of insurance to give you peace of mind about unexpected events.

Tax

With new rules and regulations being implemented each tax season our tax system can become extremely complicated. This is especially true for professional athletes making a different salary range than most Americans. Our office has been preparing tax returns for over 25 years and we pride ourselves on adhering to the most updated rules and regulations while representing our clients.

Estate Planning (Wills & Trusts)

In today’s world preparing for emergencies and unexpected events is imperative. Schwartz Financial is here to do that with you. We understand the importance of planning your Estate and are happy to work with your Estate Planning Attorney to help achieve your financial goals.