PLACE OF
EMPLOYMENT
Sponsored by Titleist,
Exxon Mobil, Rolex,
and Gatorade
Professional golfer Andrew Dupont attracted tremendous attention on the Korn Ferry Tour in 2010 and the PGA tour in 2014, receiving several endorsements and sponsorships along the way. Between golf apparel/equipment and nutrition brands, Andrew earned a substantial amount of money and deservedly acquired a hefty savings account. Moving on from the sport, however, he knew nothing about managing or growing that wealth even further.
After earning a bachelor’s degree in marketing communications, Andrew relocated to begin a new PR position for a prominent multinational company based in Dallas, Texas. Since then, he has married and is raising three children.
With the endorsement money sitting in the bank, Andrew approached 11 Financial for a long-term growth plan. He hopes to fund his children’s college tuition in the next 10 years, and is interested in creating a financial plan that would allow him to eventually retire and travel with his wife.
Note: The above case study is hypothetical and does not involve an actual 11 Financial client. No portion of the content should be construed by a client or prospective client as a guarantee that he/she will experience the same or certain level of results or satisfaction if 11 Financial is engaged to provide investment advisory services.
Because Andrew had excess funds in savings, our financial professionals made a plan to invest a portion of that in stocks that are of interest to him. We also worked to open savings accounts specific to his desire to pay for their children’s education.
We established a customized plan for Andrew and his wife to achieve FIRE (Financial Independence Retire Early). We also learned that neither of them had a life insurance policy, which is especially important to have when children are involved. We purchased policies for the couple to prepare for the unexpected.
Moreover, Andrew and his wife had no estate plan, so we worked closely with an attorney to begin the process.
Professional golfer Andrew Dupont attracted tremendous attention on the Korn Ferry Tour in 2010 and the PGA tour in 2014, receiving several endorsements and sponsorships along the way. Between golf apparel/equipment and nutrition brands, Andrew earned a substantial amount of money and deservedly acquired a hefty savings account. Moving on from the sport, however, he knew nothing about managing or growing that wealth even further.
After earning a bachelor’s degree in marketing communications, Andrew relocated to begin a new PR position for a prominent multinational company based in Dallas, Texas. Since then, he has married and is raising three children.
With the endorsement money sitting in the bank, Andrew approached 11 Financial for a long-term growth plan. He hopes to fund his children’s college tuition in the next 10 years, and is interested in creating a financial plan that would allow him to eventually retire and travel with his wife.
Because Andrew had excess funds in savings, our financial professionals made a plan to invest a portion of that in stocks that are of interest to him. We also worked to open savings accounts specific to his desire to pay for their children’s education.
We established a customized plan for Andrew and his wife to achieve FIRE (Financial Independence Retire Early). We also learned that neither of them had a life insurance policy, which is especially important to have when children are involved. We purchased policies for the couple to prepare for the unexpected.
Moreover, Andrew and his wife had no estate plan, so we worked closely with an attorney to begin the process.
I wasn’t prepared for the amount of money I’d come into… that’s why it all sat in savings with no particular purpose! Luckily, 11 Financial set me on the right track to make sure every dollar has a job for my short-and long-term goals.
I wasn’t prepared for the amount of money I’d come into… that’s why it all sat in savings with no particular purpose! Luckily, 11 Financial set me on the right track to make sure every dollar has a job for my short-and long-term goals.