Application and Renewal
The Financial Advisors Registration Program, the first of its kind in professional sports, provides NFL players access to a diverse group of qualified financial advisors. At the same time, all financial advisors participating will have an unprecedented opportunity to establish an entirely new and professional relationship with NFL players.
This section contains information on the regulations governing registered player financial advisors, as well as an online application form. Please review the Regulations and Frequently Asked Questions thoroughly before submitting an application.
The 2018 period for new applicants is now open. Apply here.
Please review the NFLPA Regulations and Code of Conduct Governing Registered Player Financial Advisors (“Regulations”) for all eligibility requirements as they have changed.
All financial advisors must have appropriate professional qualifications to be eligible to participate and pass a background investigation. The eligibility requirements for advisors include, but are not limited, to the following:
1. Bachelor's degree from an accredited university.
2. Every Applicant shall be a CERTIFIED FINANCIAL PLANNER™ (CFP®) and/or a Chartered Financial Analyst® (CFA). An individual who is currently a Registered Player Financial Advisor, but is not a CFP® or CFA must become compliant within three years of implementation of this Regulation, which is November 1, 2017.
3. Minimum of eight (8) years of licensed experience (qualifying licenses include FINRA series licenses, Attorney, CPA or an insurance license).
4. Fidelity bonding and professional liability insurance coverage as indicated in Section Two II D of the Regulations.
5. No civil, criminal or regulatory history related to fraud.
6. No pending customer complaints or litigation at the time of application.
7. Must not maintain custody of player funds unless deemed a qualified custodian
Please read the eligibility requirements as set forth in the Program’s Regulations. It is imperative that you understand all of the Regulations before signing and submitting your Application to the NFLPA.
All advisors applying to the Program must submit an application and participate in a full background investigation. The Application fee is $2,000.00 and is non-refundable; the membership fee is $500.00. The total fee is $2,500.00 and must be submitted with the application. All fees collected by the NFLPA are used exclusively to defray the costs affiliated with the operation of the non-profit Financial Advisor Registration Program.
All advisors renewing their membership in the Program must submit a Renewal Application and participate in an annual background investigation. The Renewal Application fee is $1,000.00 and is non-refundable; the membership fee is $500.00. The total fee is $1,500.00 and must be submitted with the Application. All fees collected by the NFLPA are used exclusively to defray the costs affiliated with the operation of the non-profit Financial Advisor Registration Program.
If you have any questions, please contact us.
NO ENDORSEMENT OR REPRESENTATION
The NFLPA is not endorsing any Registered Player Financial Advisor, and is not responsible for, and disclaims, any liability for the acts or omissions of any Registered Player Financial Advisor. The NFLPA is also not responsible for, and makes no representation concerning, the skill, honesty, or competence of any Registered Player Financial Advisor, or any other person. The NFLPA is not in a position to determine whether Applicants for Registration as Registered Player Financial Advisors that provide Broker-Dealer, Investment Adviser, insurance sales, or other regulated financial services are properly registered with, licensed by, or otherwise in compliance with all rules and regulations of the appropriate federal and/or state governmental, or semi-governmental agency, authority, or organization. As a result, the NFLPA will rely entirely on the truthfulness of statements by any person or entity applying for Registration as an NFLPA Registered Player Financial Advisor that it has the necessary Broker Dealer, or Investment Adviser registration under applicable securities or commodities laws, SRO membership, licensing or other qualifications imposed by applicable federal and/or state law to render the financial services specified in the Application. Applicants will only be registered with respect to services disclosed in the Application.