CASE STUDY

ANDREW DUPONT Professional Golfer

PLACE OF
EMPLOYMENT

Sponsored by Titleist,
Exxon Mobil, Rolex,
and Gatorade

BACKGROUND

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 Kovar Wealth 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 Kovar Wealth Management 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 Kovar Wealth Management is engaged to provide investment advisory services.
PLAN OF ACTION

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.

GOALS
  • Grow long-term wealth
  • Achieve early retirement
  • Utilize savings properly

ANDREW DUPONT

Professional Golfer

BACKGROUND

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 Kovar Wealth 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.

PLAN OF ACTION

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.

GOALS

  • Grow long-term wealth
  • Achieve early retirement
  • Utilize savings properly
Note: The above case study is hypothetical and does not involve an actual Kovar Wealth Management 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 Kovar Wealth Management is engaged to provide investment advisory services.

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, Kovar Wealth Management set me on the right track to make sure every dollar has a job for my short-and long-term goals.

— Andrew Dupont

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, Kovar Wealth Management set me on the right track to make sure every dollar has a job for my short-and long-term goals.

— Andrew Dupont