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Professional Athletes
CFO and Family Officer for Professional Athletes
Professional athletes spend the majority of their careers planning. They plan workout schedules, training sessions, even the calories they consume. During a game, they work with the coach to formulate the best plan against the opposing team. And they plan to prevent or overcome potential setbacks such as injuries. Their careers allow them to acquire all of the necessary skills they need to tackle their financial futures in ways that non-athletes may not know.
Professional athletes learn to overcome setbacks, problem-solving, goal attaining and all the strategizing that goes into it, initiative, and teamwork.
Sports
planning services
planning services

Boxing (WBC)

Baseball (MLB)

Basketball (NBA)

Football (NFL)

Professional Athletes
3 levels of
financial failure
Based on our previous experiences, the 3 levels of financial failure for professional athletes are:
- Education: Not doing research or learning more in order to ask appropriate questions about their finances
- Laziness: Not applying information learned or potential warning signs on the financial advisors they're working with
- Ignorance and/or Arrogance: Choosing a financial advisor based on another teammate's recommendation, ignoring previous complaints and lawsuits, and not researching their background
phases
Phases
Three phases of an
Athlete's Life
Sports
career - How much I need to save from my contract salary?
- Should I contribute to a retirement plan?
- Can I maintain my lifestyle while saving?
Growth allocation Key Metrics:- Savings
- Spending
- Investment risk
Post-Sports
career - How much do I need to earn to meet my spending needs?
- When can I stop working?
- How much risk in the markets do I need to take to reach my goals?
Growth allocation Key Metrics:- Second career salary
- Spending
- Investment risk
Retirement - How much can I spend with a high level of confidence?
- Is my retirement income enough?
- Should I take less risk now that I am fully retired?
Growth allocation Key Metrics:- Retirement income
- Spending
- Investment risk
Difference
Difference
Dias Wealth Difference
Current Financial Advisor
Current Financial Advisor

Fiduciary
No
Yes
Transparent about Compensation
No
Yes
Registered Investment Advisor
Maybe
Yes
Broker or Registered Representative
Yes
No
Captive Insurance Agent
Yes
No
NETWORK
family office
EXTENSIVE NETWORK OF PROFESSIONALS.
As a true fiduciary, Dias Wealth is upfront about compensation and has an
extensive network of professionals including:

Investing
- Portfolio Managers
- Asset Managers
- Alternative Investments
Investing
professional services
- budgeting & debt management
- attorneys
- accountants
- banking
- educations & speaking
professional
services
Concierge Services
- Fitness
- Nutrition
- Wellness
- Media & Branding
- Personal Coaching
Concierge
Services
business services
- Defined benefit pension plans
- solo 401(K)
- budgeting & expense management
- corporation establishment
- third-party administrators (tPAs)
business
services
Dias financial insurance
- annuities
- life insurance
- disability
- long-term care
Dias financial
insurance
MarketWatch article
Read about why NFL players shouldn't rely on just THE
NFL Players Association’s list of approved financial advisors