Tweed Wealth Management launches sports division

Wealth-advisory firm, Tweed Wealth Management, has announced the launch of a new sports division, for assisting athletes.

The firm’s sports division will provide tailored financial advice and services to sportspeople at all stages of their careers.

It will be jointly led by Jason Baggott, a former professional rugby player, who is now a chartered financial planner, and Ross Penman, a financial planner with more than 21 years of experience in the industry.

Jason played professionally for seven years, which included stints with the Southern Kings in South Africa and Edinburgh Rugby. 

He said: “As a former athlete, I understand the financial challenges and opportunities that come with a career in sports. Our goal is to help athletes make informed financial decisions that will secure their future both during and after their playing career.”

“We are building a strong client base both locally and internationally, spanning various sports, including rugby, football, and boxing. Our goal is to support clients throughout their entire journey – from signing their first contract, throughout their careers and as they transition outside the world of sports.”

“For many sportspeople, financial planning can seem a bit overwhelming, and we want to simplify the process so that they can focus on what they do well – excel in their sporting field.”

Ross, who joined Tweed Wealth Management in 2024, specialises in advising sports and media professionals, as well as clients dealing with personal injury and clinical-negligence cases.

He said: “We understand the pressures athletes face, from injury risks to early peak earnings. Our team, which includes many former athletes, is dedicated to helping sports professionals build solid financial strategies, avoid costly errors and secure their financial futures.”

The suite of services for athletes includes protection planning; investment and retirement planning; and tax and mortgage planning, as well as cash-flow management.

Developed as a one-stop solution for athletes, the team will also connect clients with a trusted network of legal and accounting partners, ensuring that every aspect of their financial situation is expertly managed.

Tweed Wealth Management has five offices: one in Edinburgh, Glasgow and London, and two in Inverness. The firm achieved the accolades of the Best Financial Advice Firm in Scotland and Northern Ireland and Best Financial Advice Firm to Work For in the UK 2024 at the Professional Adviser awards.

www.tweedwealthmanagement.co.uk

Image: Jason Baggott