Professional & College Athletes
You Win Championships - We Help You Win Your Wealth.
Whether you are a college athlete, professional athlete, former athlete, or the parent of an athlete, failing to have a game plan can be the difference between winning and losing - both in sport and with your money.
Typically athletes have a limited earning window, making it crucial to maximize their income during their athletic careers. By understanding the fundamentals of money and establishing good money habits, we can help you win financially.
College Athletes
- With NIL college athletes have opportunity to make more money than ever before. Our firm can help athletes develop an investment strategy and advise on tax implications.
- We will help athletes plan for their transition to life after sports, whether it involves further education, starting a business, or entering the workforce.
Professional Athletes
- Your budget should account for fluctuating income streams that will sustain your lifestyle during off-seasons or periods of injury.
- We will develop a financial plan that considers your career span to prioritize goals like retirement, passive income, investments and family security.
- The "jock-tax" can feel heavy. Our team can help you navigate complex tax laws and minimize the liabilities of a higher tax bracket.
Former Athletes
- We help you navigate your post athletic career transition, whether that be retirement or starting a new career or entrepreneurship endeavor.
- Model new cash flow scenarios to maintain your current lifestyle.
- Define what success looks like financially and help you achieve those goals through long-term investment, tax, and estate planning.
Parents of Athletes
- Kids as early as 18 years old are getting monetary offers to compete at the collegiate level. Without any education or money habits, this money typically is spent just as quickly as it is earned.
- As your child earns money as a college athlete, we will help educate and empower your child, so they an create proactive money habits.
- Working with your child, we will create a tailored game plan for their money that includes understanding taxes, saving for the future and helping them develop a budget.
Tax Optimization
Taxes for athletes can get very complicated. We strive to make the complex simple by breaking down the taxes you pay and creating a tax plan to help you minimize your tax bill - not just for today, but ulitimately to lower your lifetime tax bill. We collaborate with CPAs, lawyers and agents to ensure your plan is in alignment with your full team.
Cash Flow Planning
By analyzing your assets and income streams, we will create a tax-efficient income strategy for today and ultimately for retirement. Assets are ultimately needed to create income streams in the future and we can help craft the right strategy for you.
Investment Management
We help you define a bigger purpose for your money and ensure that your investment strategy serves that purpose. From short term to longer term goal planning, our investment strategy strives to maximize return for your given level of risk, all in a tax efficient manner.
Start with a 15-Minute Get to Know You Call with Your Best-Fit Advisor
Your best-fit advisor is Caroline Piehl, CFP®. As a twelve-time All American and two-time team captain of UC Berkeley’s Swim Team, she knows what it takes to succeed in the worlds of sport and business. As a Partner at Timewise Financial, she loves to help athletes through financial planning and wealth management.