This week: Isaac Richard, CEO & Founder of Mavros , breaks down how he built a platform that helps athletes manage unpredictable income, control spending, and make smart investment decisions through education, structure, and discipline.
How Isaac is guiding athlete investors:
Building Mavros as a multifamily office combining wealth management, asset management, and investment banking for athletes and entertainers.
Discouraging trend-driven investing. Clients are taught not to follow locker-room hype or invest in real estate or venture capital unless they understand the asset class and its risks.
Establishing governance before investing to help clients build decision-making teams involving family and trusted advisors to avoid emotional or uninformed choices.
Mavros teaches athletes to manage lifestyle spending from day one. Two athletes earning the same amount can end up in radically different financial positions based on spending habits. Travel, dining, and partying are considered the real drains on wealth.
Why it matters: Recent articles from SBJ and The Athletic titled “Why Do So Many Footballers Go Bankrupt” and “Indespensable Playbook for Why financial literacy is paramount for athletes” noted that 78% of NFL players and 60% of NBA players face financial distress within three years of retirement. Premier League players now earn an average of £100,000 per week, yet many still fall into bankruptcy, addiction, or misguided investments.
👇 Scroll down for the brief breakdown + my personal thoughts of the solution.
What is it? Mavros Capital is a multi-family office launched in Beverly Hills with $500M in AUM and Goldman Sachs as custodian (The Digital Banker). Founded by Isaac Richard III, the firm serves elite athletes and entrepreneurs through a modern platform that blends wealth management, asset management, and investment banking.
Why? Athletes, entertainers, and entrepreneurs often face sudden wealth, short earning windows, and complex family dynamics. The platform combines institutional-grade infrastructure with boutique service, helping clients navigate everything from rookie contracts to legacy transitions. For NFL players with three-year careers or entrepreneurs, Mavros provides the discipline, education, and access needed to turn earnings into generational wealth.
“If you’ve got $60 million sitting in a Chase account and no process, no team, no infrastructure you’re already behind. You have more money than most businesses, but no system for making decisions. You need a system for making decisions before you start deploying capital.”
My Thoughts & Future Outlook
The U.S. is undergoing a $105 trillion intergenerational wealth transfer. It’s equally important to focus on building solutions tailored for the evolving needs of athletes, especially those navigating sudden wealth without infrastructure. The recent Fernando Tatis Jr. case is a clear example. At 18, he signed a deal giving up 10% of his future earnings for $2 million. Now, after a $340 million contract, he’s being forced to pay $3.74 million and potentially much more, while fighting to void the agreement in court. These deals can shape an athlete’s financial future for decades. Platforms like Mavros are important because they help athletes build the right team, ask the right questions, and avoid decisions that leave the individual bankrupt or cost millions later.
Next week, we’re hosting the CEO of the most successful sports team in the world. The team has a win rate of over 76% and is known for its culture of discipline and excellence. We’ll talk about their partnership with a top investment firm and the commercial product they’ve built around their community.
Best,
Edoardo Grandi
