Walt Lunsford


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

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.


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