Brooks Macdonald has partnered with Sporting Wellness, a charity providing free mental health care to sportspeople.
The wealth manager said the collaboration will help address the growing need for financial wellbeing within the athletic community, offering specialised financial wellbeing sessions tailored to the “unique challenges faced by sportspeople”.
By partnering with Brooks Macdonald, the charity gains access to advisers who understand the financial pressures and uncertainties often experienced by athletes.
See also: Hawksmoor’s Philbin: We want to be the ‘Intel Inside’ for advisers
As part of the partnership, the wealth manager will provide financial wellbeing sessions designed to empower the athletes of Sporting Wellness’s charity partners with the knowledge and tools necessary to manage their finances effectively, alleviate stress, and cultivate long-term financial stability. The sessions will cover topics including budgeting, saving, investing, and retirement planning.
Alex Charalambous, head of wealth at Brooks Macdonald, said: “We are delighted to join forces with Sporting Wellness to focus on prioritising mental health in sports.
“Through our expertise in financial planning and investment management, we can help to equip athletes with the resources and security they need to thrive, allowing them to devote more of their time and energy to the people and activities they love.”
See also: The asset allocator diary: James Sullivan
Callum Lea, founder of Sporting Wellness, added: “I’m very proud that our first corporate partnership is with Brooks Macdonald, this represents a significant step forward in our efforts to support the mental wellbeing of athletes.
“By integrating financial wellness into our holistic approach to mental health care, we can provide comprehensive support that addresses the many needs of our members.”