The intersection of wealth management and sport continues to throw up examples of business development.

Titan Wealth, the London-headquartered group that has acquired several businesses, yesterday said it has launched a dedicated sports division. The offering supports professional athletes, sports organisations and executives with tailored financial planning, career transition pathways and corporate benefits.

The firm said it has formed the division to address the “unique financial challenges faced by sports professionals today, including short-term contracts, irregular earnings, injury risk and the necessity of planning for life beyond sport.”

This news service has frequently written about the crossover between sports and wealth management, for example Deutsche Bank's recent launch of a new financing arm, and Citi Wealth's advisory work in the sector.

Titan Wealth said a “core pillar” of its new division is its advisor academy, an 18 to 24-month programme which supports athletes moving into financial service careers after leaving the sports field. The academy provides fully-funded qualifications alongside structured on-the-job training.

“Professional sport offers incredible career opportunities, but there is much for sports people to navigate financially,” Mike Fogden, chief marketing officer, said.

Ethan Waller, sports wealth advisor at Titan Wealth and former Northampton Saints Premiership player, added: “Having spent more than a decade playing professional rugby, I know first hand how important it is to plan for the future while you are still competing.

“Many athletes focus entirely on performance in the moment, but having the right financial guidance and support early in your career can make a huge difference later on in life. The Sports Division is about giving players the knowledge, tools and opportunities they need to succeed both on and off the pitch.”

Titan, which offers innovative financial services to institutions, advisors, and private clients, has more than £44 billion ($58.8 billion) in assets under management.