Towry, a UK-based wealth adviser, has entered into a partnership with Newcastle-based sports agency Quantum Sport.
Under the agreement, Towry will provide financial advice to Quantum Sport clients, which includes football, cricket and rugby players.
The partnership will consists of advisers from Towry’s Edinburgh office, including former footballer Peter Cormack, who will offer sports clients a financial plan that complements their career.
The advisers of Towry Edinburgh office will also offer advice to the agency sports clients including England and Durham cricketer Graham Onions and his New Zealand counterpart Tom Latham as well as footballers Callum Williams of Newcastle and Sunderland’s Duncan Watmore.
Cormack said: "During my time as a professional footballer, I saw first-hand the consequences for those who did not receive the correct financial advice, and the impact it had on both their playing careers and financial future.
"We look forward to engaging with many clients from Quantum Sport and providing access to our exceptional financial planning and wealth management services." he added.
James Welch solicitor and agent of Quantum said: "one of the key factors in our decision to form this partnership was Peter’s previous football experience, as he understands the potential financial problems for sportspeople who don’t receive the right advice."
Towry has 21 offices across the UK with a team of 750 employees managing £6 billion of client assets.