An IFA firm is launching a dedicated division to manage the financial affairs of sports personalities and entertainers, with the help of Mike Lukic, brother of former Leeds United and Arsenal goalkeeper John Lukic.
Mike Lukic will join IFG Financial Services' Manchester office to head up the Sports & Entertainment Management Team.
IFG says its new service will help entertainers and professional sports men and women manage their finances for the long-term.
Paul Barber, northern regional manager at IFG, says: "It is critically important that all sports professionals, earning large amounts of money over a relatively short period of time get the best possible financial advice to see them through their long years of retirement.
"Clearly, the same applies to entertainers, although they may well enjoy longer working lives."
Lukic has been a financial adviser for 25 years, and has spent much of that time specialising in advising professional footballers, as well as other high profile figures in football.
IFG anticipates strong interest in sport among the public due to the Olympics, and expects an increase in the number of sports personalities with money to invest.
The launch of IFG's celebrity office supports a recent market trend for advisory firms to target high-earning sports stars and entertainers.
Last week, Celebrity Financial Planners' managing director Frank Cochran hit the headlines when his then client, former Atomic Kitten singer Kerry Katona, revealed millions of pounds of her money had gone missing. The two have since severed ties.IFAonline
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