Pro Sport Wealth

Last Wednesday, Pro Sport’s Managing Director, Gareth Griffiths, spoke at the HNW Advisor Manchester Conference, joining a stellar panel to discuss current trends in Sport & Media.   The discussion offered a deeper look into both national and international wealth planning strategies for high-earning athletes. Gareth shared his expertise alongside some industry heavyweights:   Constantino Vidal Ruiz de Velasco, Managing Partner at ZADAL Carol Couse, Head of Sports, Media & Entertainment at Mills & Reeve Mark Rogers Head of Sports & Private Clients at Empire Global Finance Nora Rothrock, Group Managing Director at USTAXFS   The conversations were thought-provoking and rich with real-world insights, particularly surrounding how financial professionals can better serve high-net-worth clients, helping them to secure their financial future in a complex and rapidly changing landscape.   "It was a fantastic event – insightful and engaging throughout. Attending the different sessions across the day gave me great perspectives from leading experts in other sectors. It was also nice to catch up with some familiar faces as well as make new connections. The discussions during our panel flowed naturally, making for a great exchange of ideas. A big thanks to my fellow panellists for their valuable insights and to David Bell and PDC Group for putting together such a brilliant event!" -Gareth Griffiths    #HNWAdvisers #SportsandMedia #WealthPlanning #SportsFinance #FinancialPlanning #ProSport 

This past summer has underscored the pivotal role sponsorship deals play in an athlete's career. From the Euros to the Olympics, many young talents have been presented with lucrative opportunities that can significantly impact their financial futures. 🌟 Take the example of 17-year-old Spanish Pro Footballer Lamine Yamal, who secured a remarkable 10-year deal with Adidas, reportedly worth €32 million. Such opportunities highlight the importance of effectively managing and leveraging these partnerships.   🏆 Support yourself with a team of professionals, such as a legal expert, financial adviser and tax planner 📜 Understand the terms of the contract you sign 🤝 Think about the brand alignment of sponsorships you sign 🌍 Plan for taxes, particularly if you are an international athlete in the UK 💡 Diversify your income streams 🔮 Use sponsorships to prepare for the future Whether you're an emerging athlete or an established professional, these insights will help you make informed decisions and optimise your sponsorships. Read our full article to explore key strategies and ensure your sponsorship deals contribute to long-term success: https://lnkd.in/e2aerufz #SportsManagement #SponsorshipDeals #AthleteSuccess #FinancialPlanning #CareerDevelopment #ProSport

“I have had a couple of pensions during my employment and needed to get on top of them and seek advice around how much contribution I could make.” Navigating multiple pensions can be daunting, but with the right advice, it doesn't have to be. Our expert team of Chartered financial advisers can help you achieve clarity and confidence in your financial journey. #FinancialAdvice #PensionPlanning #ClientSuccess #ClientTestimony #ProSport

With the Labour Party's landslide victory marking a new chapter in UK politics, all eyes are now on how Keir Starmer’s government will address economic challenges and fund ambitious social programs. One area that could see significant changes is Capital Gains Tax (CGT) and Inheritance Tax (IHT). While Labour has pledged not to increase Income Tax, VAT, or National Insurance, CGT and IHT might come under the spotlight as potential revenue sources. 🔍 Here’s what to consider: 🔹 How Labour’s first Budget will be a pivotal moment in finding out what changes could happen 🔹 Strategies for reducing your Capital Gains Tax liability 🔹 Strategies to limit Inheritance Tax on your estate Read our article to get ahead of potential changes and find out more about how you can start planning now to safeguard your wealth 💡: https://lnkd.in/eQ-faiky #TaxPlanning #CapitalGainsTax #InheritanceTax #UKPolitics #LabourGovernment #WealthManagement #ProSport

Pro Sport and its sister company Rosebridge have collectively been ranked in the Top 10 of the FTAdviser Top 100 Financial Advice Firms for 2024!   This recognition highlights our dedication to delivering excellence and outstanding service to our clients. It stands as a testament to the efforts and commitment of our entire team.   The Financial Times has evaluated the awards based on key factors such as client retention, the expertise of Chartered and Certified Financial Planners, and impressive growth over the past year.    “This achievement reflects the dedication and passion our team brings every day. We’re grateful to our clients for their continued trust and to our partners for their invaluable support. This recognition only strengthens our commitment to pushing boundaries and continuing to raise the bar for excellence.” – Gareth Griffiths, Managing Director    #FinancialAdvice #FinancialTimes #Top10 #FTAdviser #ConsumerDuty #CharteredFinancialPlanners #ClientFirst #ProSport

Did you know that 88% of consumers who have used a Chartered firm in the past would likely choose a Chartered firm in the future?   This statistic emphasises the lasting trust and satisfaction associated with Chartered status. It signifies a commitment to excellence and reliability in service. As a Chartered firm, we pride ourselves on upholding these high standards, ensuring you receive exceptional advice and support.   Explore our article to learn more about the benefits of Chartered status and how it ensures superior service: https://lnkd.in/gBSigyjn   #FinancialPlanning #CharteredStatus #ClientTrust #ProfessionalExcellence #ReliableAdvice #WealthManagement #ProSport  

Let’s talk about a common behavioural bias: Anchoring bias 🔎   What is Anchoring bias?   Anchoring bias is when we rely too heavily on the first piece of information we receive when making decisions, often ignoring new information. This can lead to skewed judgment and risky decisions. Think of it as getting stuck on the first impression. 🧠⚓   In the sporting world, this could happen when fans or managers judge a player based on their early performance, overlooking more recent information about the player's form. ⚽️🏆   But how can Anchoring bias impact your financial decision making? 🤔   Well, consider the phenomena of ‘The Magnificent 7.’   The Magnificent 7—Google, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla—have become anchors in the minds of many investors. Given their global technological dominance, it’s easy to focus on their past successes. 🌐💼   However, anchoring bias may lead investors to:   🔗 Overvalue Past Performance - Investors might place too much weight on their history of growth, even when faced with evolving market conditions.   📈 Overcommit to One Sector - The Magnificent 7 are heavily concentrated in the tech sector, and focusing on them too much can lead to overlooking diversification opportunities.    📉 Downplay Risks - Anchored to their previous wins, investors might downplay risks like market volatility, economic downturns, regulatory pressures, and market saturation and competition, all of which could impact future growth.   While these companies are promising, investing in them requires a clear understanding of their potential risks, as well as an open-minded and diversified strategy. ⚖️✨   For tailored, expert advice, get in touch: 📩 enquiries@prosportwealth.co.uk or 📲 01204 602909   #BehaviouralBias #AnchoringBias #Investing #Magnificent7 #FinancialPlanning #TechStocks #ProSport

No matter what you want to achieve with your money, we can help you get there with expert advice and support. ✅ We are independent ✅ We are not tied to any providers ✅ We can truly find the best solution to fit your needs. Our team at Pro Sport Wealth Management help professional athletes like you to manage their finances. If you want expert financial help, get in touch 📩enquiries@prosportwealth.co.uk or 📲01204 602909 #ProSport #WealthManagement #ExpertAdvice #FinancialAdvice #Footballers

Team GB delivered an outstanding performance at the 2024 Paris Paralympics! 🇬🇧🎉   Our remarkable athletes have once again made us proud, securing a total of 124 medals! 🏅 🏆 Gold: 49 🥈 Silver: 44 🥉 Bronze: 31 This incredible achievement matches the overall medal count from Tokyo 2020 and exceeds the gold medal count by 8, securing us 2nd place on the medal table! This marks our third consecutive Paralympic Games with a second-place finish.    Team GB matched another record set in the Tokyo games by securing medals in 18 out of the 19 sports they competed in. This achievement is the highest ever recorded by any nation, with over half of the 215 athletes on the team earning a place on the podium! 👏   These exceptional athletes have demonstrated the power of dedication, resilience, and teamwork to the world. Let's take a moment to celebrate this accomplishment and the hard work of everyone involved — athletes, coaches, support staff, and fans. You’ve inspired a nation! 🇬🇧🏅 #TeamGB #Paralymics2024 #Proud #Sportsmanship #SportsExcellence #Inspiration #WinningMindset #ProSport

Last Friday, Gareth Griffiths attended a special tribute dinner in Wrexham celebrating football legend Joey Jones. ⚽️ ⭐ The event brought together a host of icons from Liverpool, Manchester United, and Wrexham FC to celebrate Joey's remarkable career and raise funds through auctions and donations for his ongoing dementia care. Joey Jones, known for his formidable presence as a left-back, made his mark in football history with an impressive career that spanned Wrexham, Liverpool, Chelsea, Huddersfield, and the Welsh national team. His time at Liverpool was particularly memorable, as he was an integral part of the squad that won the European Cup in 1977.🏆 He was famously celebrated with the banner ‘Joey ate the Frogs legs, Made the Swiss roll, Now he’s Munching Gladbach,’ reflecting his impact on the game and his charismatic presence. “It was great to support Joey Jones, a true football hero, and I’d like to give a big thank you to Neil Roberts for organising such an incredible event. It was a powerful reminder of the impact we can all have when we come together to support those who’ve given so much to the game and communities.” – Gareth Griffiths, Managing Director. A heartfelt thank you to DYNAMIC CENTRE FOR CHILDREN AND YOUNG PEOPLE WITH DISABILITIES, Wrexham Miners Project and the Cherish Wrecsam charity for their invaluable support in making this event a success. 💙 Check out this this photo of Joey Jones and Neil Roberts at the event! 📸 #JoeyJones #LiverpoolFC #ManchesterUnited #WrexhamFC #FootballLegends #CommunitySupport #Fundraising