Goal #1 - Get Paid
Goal #2 - Stay Paid
Learn to Protect the Earnings
Preserve the Legacy
Sports Wealth
Oversight
Financial education that empowers athletes to lead and protect their wealth.
Transforming the earning potential of a professional athlete into enduring wealth.
THE PROBLEM
“Rich for the rest of our lives. Crazy rich. Life after football money.”
A former NFL All-Pro discussing his investment into electronic bingo in Alabama. 40 plus NFL players lost a combined $43 million at the advice of their investment advisor. The investment advisor has been barred from practicing by the Securities and Exchange Commission and FINRA.
source: "Thrown for a Loss." 60 Minutes. CBS News. 23, Oct.2016.
"With athletes, there's an extraordinary metamorphosis of financial challenge”
Salary aside, the closest analogue to a pro athlete is not a white-collar executive. It's a lottery winner--who's often in his early twenties. "With athletes, there's an extraordinary metamorphosis of financial challenge," says agent Leigh Steinberg, who has represented the NFL's No. 1 pick a record eight times."Coming off college scholarships, they probably haven't even learned the basics of budgeting or keeping receipts." Which then triggers two fatal mistakes: hiring the wrong people as advisers, and trusting them far too much.
source: Torres, Pablo. "How and Why Athletes Go Broke." Sports Illustrated, 2009 March. Click here
The people you trust may not know enough about money and investing, and the people who do know about money and investing, you don't know if you can trust.
APG SOLUTIONS - WHAT WE DO
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Comprehensive Financial Advocacy
Empowering you to grasp the intricacies of your finances and investments, enhancing your financial comprehension and decision-making skills.
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Empowering Financial Education
Our mission is to elevate and empower athletes and their families with the knowledge and tools to make informed financial decisions and secure their future.
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Working Alongside You
Serving as a point of coordination—not advice—we help support transparency and accountability across your financial relationships.
Have Questions?
Ensuring your best interests are always at the forefront.