In recent months this news service has carried a range of features and profiles about the crossover between wealth management and sports. Here is a selection.
Sports stars find they need more help than they might have bargained for over handling wealth. Advisors are getting more interested in this client segment, given the big figures paid out to players, coaches, advisors and other industry figures. And sports itself is drawing in investment. To cap it all, private banks, asset managers and other businesses sponsor sports teams, trying to catch some of the buzz around football, cricket, motor racing and other sports. UBS, to take the case of the world’s largest wealth manager, is a global sponsor of Formula One motor racing.
The intersection of wealth and sport hits a number of issues that readers of this news service will find valuable, even if they don’t support a particular sport themselves. The contours of the wealth industry are changing as sources of wealth alter. And over recent months, this publication has tracked these issues, spoken to private banks, advisors and other practitioners about how sports and wealth interact. We hope readers find this collection useful and food for thought. We intend to continue developing these themes, and invite readers to contact the editorial team at email@example.com and firstname.lastname@example.org