BLOG: The Business of Spring Training

  • By winpoint admin

    We may not feel it, but spring is definitely in the air. It’s a time for new beginnings, and that statement could not be more true for spring-training-2015professional baseball players and teams. For this industry, spring is the most crucial time of year. It’s the time when players are sharpening their skills and for many of our young clients, vying for a spot with the major league club. It’s the time when managers are putting together their final roster as the front office puts the finishing touches on game day preparations. It’s the dawn of a new season, and it’s exciting and stressful all at the same time!

    The same can be said for Winpoint. Spring is crucial time of year for our team of financial advisors. It’s the last chance we have to help our players get their financial houses in order. While players are fine tuning their game, each March we pack our bags and head for Florida and Arizona with the goal of fine tuning their off-field lives.

    At the end of the day, baseball is a business. For Winpoint, the off-field business of Spring Training is just as important as on the on-field business. To make the “business” of it all a little less stressful, we join the players in the atmosphere where they are most comfortable, and do our best to fold ourselves into their Spring Training routine.

    We’ve learned that our clients want a level of closeness with their financial advisor, and being a part of their Spring Training routine only enforces that we are a partner in their career, and really, a part of their family. We use this time to meet with our athletes to set budgets and investment strategies. We work with them to ensure that housing for their families, bills and other life expenses are squared away. We meet with their agents in an effort to stay connected to contracts and marketing endeavors. The goal is get the athlete to focus on these activities now, so he can eliminate any outside stress once the first pitch of season is thrown.

    It’s an exciting time of year, and as you watch your favorite players take the field again for Spring Training games, rest assured that at Winpoint, we’re working hard behind the scenes to ensure that winning becomes the sole focus of our players once the umpire yells – PLAY BALL!

    – Nick

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