Protecting more than just finances for professional athletes
Professional athletes have unique legal, tax, and financial needs. Uncertain and volatile cash flow is common. Pacifica develops a financial plan for professional athletes to smooth the ups and downs of income and make sure taxes are covered and enough is being saved for the future.
Because their lives are public, maintaining privacy and shielding them from baseless lawsuits is critical. The goal is to protect our client’s interests, which often starts with protecting the client. Pacifica works with the client's legal team to create corporate structures to:
- Preserve assets
- Employment agreements for household help
- Privacy policies for employees
- Kidnap and ransom insurance for high-profile athletes
- Security companies to protect athletes dwellings and vehicles
As your personal CFO, we provide a comprehensive financial review of what is working and what can be improved. Pacifica Wealth looks for oversights – things that could wreak havoc on our professional athlete's financial lives overnight – and find individualized solutions.
Why professional athletes need a financial advisor
Financial Planner Robert Pagliarini speaking to NFL players about finances.
For some athletes, the first “aha” moment comes when we show them on one page (or on their smartphone) what they have and where it is. We then show them what they are making and where their money is going. Most of our professional athletes with a lot of financial moving parts come to us feeling overwhelmed and the desire for immediate clarity on the various financial, legal, and tax issues they face.
Pacifica Wealth provides them with instant insight into what they have and a comprehensive strategy to preserve and manage it through a process we created called 360 Wealth Management.
CFP® and Personal CFO for athletes
Pacifica Wealth works closely with our clients' teams—the attorney, business manager, and accountants. Our mission is to improve our client's lives by providing them with the security that their assets are protected and expertly managed. If you want a comprehensive review of your finances or are looking for better strategies to grow your assets, contact us today.
Choose a fiduciary
Robert Pagliarini, Ph.D., CFP®, is a fiduciary, which means he is legally and ethically bound to act in the best interests of his clients.
Email courses direct from your personal CFO
Financial expert Robert Pagliarini, PhD, CFP® provides solid financial advice to major athletes in these free courses.
Sudden Wealth Crash Course
The Rich & Famous: Dealing With Sudden Wealth & Fame
Manage and track your finances 24-7
Whether you play football for the Seahawks in Seattle or play for the Gators in Florida - we can help you protect and grow your income as an athlete. Pacifica Wealth utilizes a sophisticated financial planning platform and can handle all paperwork, meetings, and more 100% online.
Winning financial advice for athletes
Although many people dream of playing sports professionally, it can feel like a nightmare when you’re confused about what to do next after singing a major sports contract. You need a financial advisor who has your best interest. We will help safeguard your income and help you deal with the emotional aspects of the financial life cycle professional athletes face.
Questions we help athletes answer
Pacifica Wealth often answers these questions as financial planners for professional athletes.
- How can I protect my income if I get injured?
- How can I manage my finances when my income is so unpredictable as a major athlete?
- Are there ways to shield some of my income from taxes?
- How much money do I need to save each year so I have the freedom to retire?
- How can I protect my income if I get injured?
- How can I manage my finances when my income is so unpredictable as a major athlete?
- Are there ways to shield some of my income from taxes?
- How much money do I need to save each year so I have the freedom to retire?
- How can I become financially independent so I can choose what team I can be on?
- How can I best take advantage of my gifts?
- Am I doing everything I can to make the most of my talents and situation?
- How do I manage to say "no" to excessive money requests?
- How can I become financially independent so I can chose what team I can be on?
- How can I best take advantage of my gifts?
- Am I doing everything I can to make the most of my talents and situation?
- How do I manage saying "no" to excessive money requests?
The Sudden Wealth Solution Book
12 Principles to Transform Sudden Wealth into Lasting Wealth - A must-read for professional athletes.
Robert Pagliarini, founder of Pacifica Wealth Advisors, a wealth management firm in Orange County, CA - authored The Sudden Wealth Solution. Sudden wealth is often portrayed as creating dire consequences for its recipients, but it can be an amazing opportunity that improves your life and those around you. I’ve worked with enough highly paid athletes over the years to see patterns – what works and what doesn’t. With proper guidance and a willingness to stick to the 12 Principles outlined in The Sudden Wealth Solution, you can avoid the common pitfalls that so often destroy wealth from major sports contracts.
