Partner - Head of Sports & Entertainment
e. Stuart Makin
Stonehage Fleming have many years’ experience assisting global sports stars, providing a range of integrated financial and administrative services to ensure their long-term interests are being looked after, while they focus primarily on the success of their sporting careers.
The earnings of sports stars usually peak in their twenties and early thirties and building a capital base to provide for their long-term future is a particular challenge. Depending on the sport and the individual, their affairs can also be complicated by multiple sources of income and by associated business interests, often leveraging their name and contacts.
Our experience has taught us how to help them avoid the obvious financial pitfalls, whilst taking full advantage of the many opportunities which present themselves.
Our central philosophy is to apply the same financial disciplines as one would to a business, including professional risk management. Consequently, we place a significant amount of emphasis on strong governance, discipline and process in respect of the financial affairs of our athletes.
We provide a full range of services from the management of investments,
financial planning and reporting to fiduciary,trusts, company formation and advice on transactions and business ventures.
We have an extensive network of professional partners and work alongside agents, sponsors and existing advisers to allow our athletes to focus fully on their professional careers.
Our experience of advising other successful sports stars, as well as a wide variety of wealthy individuals and families, gives us insights into the challenges and opportunities they face. This experience goes far beyond financial matters and helps ensure all the implications of decisions are thoroughly considered in their proper context.
We have extensive experience in-house, across a broad spectrum of disciplines, and the infrastructure to deliver a full broad range of Family Office services. Every client has specific requirements unique to their discipline and our bespoke service offering reflects that. For more information please get in touch with the Sports & Entertainment team.
The Future is Now: Preparing the Next Generation of Leaders
One of the biggest and most obvious challenges facing society is how to cope with all the changes resulting from technological innovation. The increasing threat from cyber-crime, the potential damage caused by social media and the looming danger of serious job losses from robotics/artificial intelligence are all in the headlines.
The Unusual Wealth Management Needs of Sports Stars
The key difference between a sports star and most other successful individuals is that their earnings generally peak in their twenties and early thirties.
Establishing a Business Presence in the United States
Traditionally, the United States has had one of the world’s highest corporate income tax rates. A combined effective federal and state rate as high as 39% exceeded France, Germany and the UK, and gave many a foreign business pause in establishing a US presence, despite the obvious attractions of US markets and its centers of innovation.