Hewison Private Wealth’s Post

Hall of famer Jason Taylor doesn’t like losing on the football field or financially. But he knows you learn more from the losses than the wins. Here he shares the valuable lessons he learned from the mistakes he’s made along his financial journey. #JT+PFCU #FinancialWellness #EmpowerYourMoney

Two Days Left to Register for the IARFC Virtual Summit. Listen David and Jeremy as they discuss the lineup of experienced professionals. It's Free! https://buff.ly/47CHhlw #IARFC #Summit #FinancialPlan #Financial #consultants #Insurance #Retirement #investments #FinancialForum

Two Days Left to Register for the IARFC Virtual Summit. Listen David and Jeremy as they discuss the lineup of experienced professionals. It's Free! https://buff.ly/47CHhlw #IARFC #Summit #FinancialPlan #Financial #consultants #Insurance #Retirement #investments #FinancialForum

Two Days Left to Register for the IARFC Virtual Summit. Listen David and Jeremy as they discuss the lineup of experienced professionals. It's Free! https://buff.ly/47CHhlw #IARFC #Summit #FinancialPlan #Financial #consultants #Insurance #Retirement #investments #FinancialForum

Good question CFP Board, Jeffrey Buntin, Jr. and John Loper, CFP®. Answer: "Its Gotta Be a CFP." This is an excellent example of taking an outside in approach to brand strategy: "Partnering with a CFP professional provides confidence today and a more secure tomorrow." Keep up the great work you all. Talk about having a positive impact on lives and humanizing finance! #insights #brandstrategy #CFP #finance

Manchester United recently faced potential breaches of the Profitability and Sustainability (P&S) Rules due to increased losses. However, they managed to avoid penalties by attributing significant financial setbacks to the COVID-19 pandemic. This case sheds light on how clubs navigate the complex financial landscape of professional football. The Profitability and Sustainability Rules, introduced by the Premier League, aim to ensure clubs operate within their financial means and avoid reckless spending that could jeopardise their long-term stability. P&S measures a club’s Adjusted Earnings Before Tax over a three-year period, with the current monitoring period covering four seasons due to the pandemic. Adjusted Earnings Before Tax are calculated as profit before tax plus several addbacks: 1. Depreciation/impairment of tangible fixed assets 2. Amortisation/impairment of intangible fixed assets (excluding players) 3. Transactions with related parties (above/below fair value) 4. Youth development expenditure 5. Women’s football expenditure 6. Community development expenditure 7. COVID-19 losses For the 2021-22 season, Manchester United claimed £40 million in losses due to the pandemic, a figure notably higher than those reported by their rivals. This substantial claim was crucial for their compliance with the P&S Rules. The club argued that pandemic-related disruptions—such as sponsors failing to meet payments, ending partnerships, and the cancellation of the 2021 summer tour—severely impacted their finances. The Premier League accepted these claims, recognising the unprecedented financial challenges posed by the pandemic. This acceptance highlights the league's flexibility in addressing the unique circumstances that COVID-19 brought, which affected revenue streams across the board. In addition to the COVID-19 allowances, Manchester United omitted £35 million in costs associated with Sir Jim Ratcliffe’s Ineos deal. The club argued that these fees were part of the ownership structure rather than operational football expenses and should not be included in the P&S calculations. This approach mirrors a similar stance taken by Chelsea during their 2022 takeover, indicating a common strategy among clubs to manage their financial statements carefully. Despite these significant financial manoeuvres, no breach charges have been brought against Manchester United. This situation underscores the confidentiality that often surrounds P&S Rule compliance. Manchester United has publicly asserted its full compliance with the P&S Rules, highlighting their commitment to prudent financial management. Manchester United's case serves as a reminder of the importance of understanding financial regulations in football. #ManchesterUnited #FootballFinance #PremierLeague #FinancialCompliance #FootballEconomics #ClubSustainability #SportsFinance #FootballRegulations #FootballClubs #SportsBusiness #FinancialFairPlay https://lnkd.in/eJw-mYQn

ACSA's Innovative NIL deal was just featured in The Associated Press news!🏈 Cal-Berkeley's star wide receiver, Mikey Matthews, has just signed a pioneering NIL agreement that redefines financial planning for athletes. Valued at over $1 million, this innovative deal includes a deferred compensation plan, with cash value and living benefits that provide financial support in case of severe medical conditions or sports-related injuries – a collegiate sports first. Mikey's athletic excellence, strong character, and financial savvy make him the perfect match for this partnership, which mirrors ACSA's mission to empower athletes for long-term success. This deal is more than financial—it's a blueprint for Mikey’s future, securing his financial well-being during and beyond his sports career. Here's the link for the full press release: https://lnkd.in/geD5-g3i #AthleteFinance #NILDeal #FinancialLiteracy #AthleteEmpowerment #MikeyMatthews #CalBearsFootball #stayopulent #opulentiallc #alexanderandkennedy #FinancialPlanning #sportsinsurance #retirementplanning #premiumfinance #taxfreeretirement #insurance #iul #livingbenefits #executivebonusplan #collegeplanning #profitsharingplan #financialadvisor #rulesofmoney #rulesoftaxes #acsa

Today is the day! Brian Scott and Dan King will be LIVE at 12pm MST! We’re excited to be joined by Peter Eisenrich, CFA®, for a market update. #ElevantWealth #FinancialFreedom #FinancialPlanning #TwinFalls

Did you know that the NFL Players Association, the American equivalent to the RPA, offers financial advice to professional players? Although you can't use this to your advantage unless you plan to pick up American football, this highlights the importance of working with a trusted adviser. To discover how we at DBL can help you with your financial plan and provide financial advice, read our blog below.

Did you know that the NFL Players Association, the American equivalent to the RPA, offers financial advice to professional players? Although you can't use this to your advantage unless you plan to pick up American football, this highlights the importance of working with a trusted adviser. To discover how we at DBL can help you with your financial plan and provide financial advice, read our blog below.