PHILADELPHIA- Horsey, Buckner & Heffler, LLP (HBH), a minority-controlled firm providing assurance, tax and advisory services, today announced the launch of its new “HBH Sports” division. This new practice makes official what had been a previous ad hoc service of the firm. HBH Sports provides a number of tax compliance, advisory and planning services for a growing stable of clients including professional athletes, student athletes (high school and college) and other high net-worth individuals in peripheral industries.
“Our new HBH Sports division is a natural outgrowth of the work we have been engaged in over the past two decades,” said Michael G. Horsey, Chairman and CEO of Horsey, Buckner & Heffler. “We have seen an explosion of compensatory opportunities for student athletes specifically related to the expansion of NIL (Name Image and Likeness). Within this explosion is a dire need for financial literacy, timely tax compliance and planning for individuals and their families. We are extremely excited to continue our growth and help athletes and their families lay the foundation for a lifetime of success beyond their playing years.”
The core of HBH Sports services is tax compliance, and planning for high net-worth individuals. This includes tax research, preparation, multi-state taxation guidance, multi-generational tax planning, estate/succession planning, and more. The firm’s goal is to ultimately increase financial literacy across the spectrum of professional and college sports, ensuring financial and institutional success for all parties.
“Having worked with the HBH team for decades, I can personally attest to the value and need for the services they provide,” said Reggie Wilkes, Senior Vice President, Wealth Management at Janney Montgomery Scott, LLC and former NFL linebacker. “The window of opportunity for young athletes to earn a living has become increasingly shorter. Injuries, off-field conduct, and poor financial planning can leave even the most promising young stars broke. As a former professional athlete, I needed help to establish my own financial future. Michael and his team were instrumental in my own financial planning, and I look forward to our continued partnership to help the next generation.”
More information about HBH Sports can be found at: https://hbheffler.com/services
About Horsey, Buckner & Heffler, LLP
Horsey, Buckner & Heffler, LLP (HBH) is a minority-controlled firm providing assurance, tax and advisory services. As an affiliate of Heffler, Radetich, & Saitta LLP, HBH provides its diverse client base with a broad range of value-added services through a cost-effective delivery model and has become one of the fastest growing CPA firms in the Philadelphia marketplace. Headquartered in Philadelphia, PA, our team serves closely held businesses, not for profit organizations, governmental agencies, corporate entities, high-net-worth individuals, and professional athletes.