How Athletes & Entertainers Work with Socius
Preserving your capital and lifestyle for years beyond your career.
PRESERVING YOUR CAPITAL AND LIFESTYLE FOR YEARS BEYOND YOUR CAREER.
It’s sad, but true: many involved in the sports and entertainment world lose everything after their careers are over. Three out of every four NFL players face bankruptcy or financial hardships just two years after they retire. Massive financial resources can be wiped out in a few years—but it doesn’t have to be.
You already have all it takes to thrive: you don’t need to be a statistic. While your fans might see you in flashbulbs and highlights, you know what it takes behind the scenes to truly succeed: tremendous drive, intelligent strategies, and the focus to make the right moves, even if they’re not always the flashiest.
It’s easy to waste millions and end up with nothing—even if you score a $50 million contract, you’ll typically only keep $15 million after taxes, spending, and waste. Anyone can burn through big money, but only a few stars succeed at creating and executing a financial strategy that lasts a lifetime and beyond.
Socius helps you get there. We’ll competently guide you in pausing, planning, and preserving your capital—so you’ll stay standing tall. Below, you’ll see how Socius makes it easy to enjoy the lifestyle you desire.
YOUR PROCESS WITH SOCIUS
Here’s how we work with athletes and entertainers to protect and grow their capital.
When you land a big check, it can seem like the money is endless—it isn’t. That’s why we begin by assembling your entire team of professionals, understanding your complete financial picture, and outlining what you can expect from the rest of your existing contract.
Seeing is believing: Socius helps you visualize the reality of your finances—after taxes and spending—so you know what you can afford and how to move forward. Then we’ll lead your team to help you make sure your next steps are on the right path.
We understand the temptation to spend money on luxurious purchases, friends and family, and a lavish lifestyle. That may be attainable, but going too fast typically gets you burned. Socius encourages you to stop and plan—pausing before making any major purchases or investments.
During this time, we’ll work with you and your team to develop an in-depth strategy for the next 10 to 15 years. You’ll see the major milestones ahead of you, prepare for different possibilities, and make informed decisions that will help you achieve your goals.
Once you’re confident in your financial strategy, we’ll lead your team and start executing on your behalf. Our goal is to minimize your taxes, prudently invest your capital, manage your risks, and provide you and your family with a transparent solution for today and tomorrow.
As your family office, Socius will effectively manage your balance sheet and cash flow. Our goal is to simplify your life; no task is too big or too small for us. We’re here to serve as your financial guide, advocate, and administrator on your exciting journey into a world of new affluence.
Schedule your first meeting
with Socius today to learn how you can preserve and build a dynasty that lasts far beyond your years of fame.
200 East Las Olas Boulevard, Suite 1550
Fort Lauderdale, FL 33301
2605 Nicholson Road, Suite 5140
Sewickley, PA 15143