What’s harder: Training for the CFP exam or the Olympics?
April 24, 2019 by Graison Dangor
Lauryn Williams knows how hard it can be for professional athletes to receive good financial advice. After signing a six-figure sponsorship deal with Nike in 2004, the young Olympian sought help to manage the windfall and plan her financial future.
Unfortunately, her first financial advisor was interested only in investing her money, not planning, and was not familiar with athletes’ special financial circumstances. A second advisor was no better.
Both experiences shaped how Williams, 35, approaches her own work as a new CFP. She advises athletes and young professionals alike with the guidance she did not receive in her first career.
That career saw her become the first woman to medal in both Summer and Winter Olympics. She took silver in the 100-meter dash in the 2004 Athens games and gold in the 4×100-meter relay in London in 2012. Two years later — and with less than one year of training in her new sport — Williams won silver in the two woman-bobsled at the 2014 Winter Games in Sochi.