Financial Planning

We believe you need to understand where you are before you know where you are going. If there is confusion and clutter in your financial life we will provide clarity by developing, monitoring and updating a financial plan throughout your lifetime. This crafted plan can be the roadmap used for all future decisions. As you wind your way through life, your Core plan will be updated and revised on an as needed basis to assure you are staying on the right path.


Retirement Planning

Financial planning doesn’t stop once you retire, it’s just getting started. There are very specific planning opportunities with respect to the preservation and distribution phases of retirement. Tax efficiency withdrawals, cash flow analysis, timing and methods of social security and medicare decisions and legacy planning are just a few of the major decisions that need to be made. Navigating these obstacles takes skill and expertise and failing to do so correctly could have long term adverse effects on your wealth and/or future cash flows.


Wealth Management

Our portfolios are designed with one thing in mind – accomplishing your goals. We believe that asset allocation is the most important decision you will make with your investments and serves as the core driver of your investment plan. Your portfolio will be crafted specifically for you based on your unique set of circumstances. Factors such as tax efficiency, investment liquidity and internal costs are also strongly considered in the investment selection process.


Tax Planning & Consulting

Taxes are a reality of life and will always be a factor to deal with. Our objective is to make sure you are only paying your fair share and nothing more. The key to successfully reducing your tax liability is being proactive and planning for tax events well before they occur. We will work with you to defer income, reduce your estate and minimize your tax liabilities. We also understand the impact taxes can have on overall investment performance and we will strive to minimize taxes according to your unique situation.


Professional Athlete Financial Administration

The financial management of the professional athlete involves many unique and complex issues. These can range from multi-jurisdictional tax compliance and planning issues such as asset protection, wealth management and estate planning.

The series of issues changes constantly as a player progresses from draft day through the minor leagues to the major leagues and then finally post playing days. In the early years, financial planning focuses on capital preservation to protect the signing bonus as life changing money in case of injury or career changes. Later, upon sufficient major league experience, the focus can shift to asset protection, asset accumulation, charitable foundations and estate/legacy planning for post playing days.

It is crucial for the professional athlete to seek counsel with financial professionals who have significant experience in all of these issues as it relates directly to the many issues professional athletes face.  The team at Core Wealth Advisors currently works with over 80 current and former professional athletes in the sports of baseball, basketball and football providing a menu of boutique services.

For more in-depth insight for our management process of professional baseball players, click here.