Family Office Approach
ETC's family office approach ensures you peace of mind. At ETC, our specialty is tax-based consulting and compliance for high net worth individuals and professional athletes. As trusted tax advisors, we have the unique capability to guide clients and families from our independent perspective. As opposed to a traditional family office, we oversee but do not make investments. As such, we have developed strategic relationships with highly qualified, certified wealth advisors and investment/financial professionals.
An individual's time as a world-class athlete is finite and, as such, they must make smart and educated decisions regarding their wealth during this period of their lives. Unfortunately, most do not. For example, according to a Sports Illustrated article in March 2009, 78% of former NFL players have gone bankrupt or are under financial stress within two years of retirement. Similarly, an estimated 60% of former NBA players are left with zero net worth within five years of retirement.
Considering the average professional career spans less than five seasons, athletes have only several years to establish what most people take a whole lifetime working toward. At ETC, we work with clients to make sure that your wealth and assets today translate to financial security for you and your family for the rest of your lives.