NEW YORK - Merrill Lynch and Investment Advisors International, a unit of the sports marketing agency IMG, have formed a joint venture to deliver personalized financial management services to athletes and celebrity high-net-worth clients.

The limited liability company will be called McCormack Advisors International LLC. Specific terms of the agreement were not disclosed.

McCormack Advisors International will offer financial planning, tax preparation, cash and investment management, and income collecting to IMG's clients, including Pete Sampras, Vince Carter, Peyton Manning, Derek Jeter, Venus and Serena Williams, David Duval, Evander Holyfield, Wayne Gretzky, and Joe Montana.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.