They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. They do not refer, in any way, to securities or investment advisory products. AEWM and Rowlette and Associates, LLC DBA: South Shore Retirement Services not affiliated companies.Īny references to streams on this website refer only to fixed insurance products. Investment advisory services are offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). Rowlette and Associates, LLC DBA: South Shore Retirement Services – an affiliated company – is an independent financial services firm offering both insurance and investment services. Tax services are offered by Karen Mullaney, CPA. South Shore Retirement Services has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.Įstate planning and legal services are offered through William Caldwell, P.C., Attorney at Law. What questions should I ask?', we are like the on-demand resource for athletes at our schools.Any media logos and/or trademarks used on this website are the property of their respective owners and no endorsement by those owners of the advisor or firm is stated or implied. "When they call and say, 'Hey, I have this opportunity. "We feel very strongly that we're able to educate more objectively and more fully because we don't have an economic stake in one deal over the other," he said. The advisory firm doesn't broker deals for student athletes, but serves as a resource, said Altius Sports CEO Casey Schwab. Altius Sports Partners, which has contracts with 13 schools, is working with Morgan Stanley to provide financial resources to students. Several colleges and universities are partnering with wealth advisors and independent advisory firms to offer financial education to student athletes and their families to help them make practical and prudent money moves. More from Invest in You: How NBA star Antoine Walker bounced back from bankruptcy in two years From investing basics to stashing cash, your money questions answered Why one NBA player is all in on cryptocurrency "I need all those college athletes who are about to make those checks and about to make that money to understand how your money works, and put a budget in place - so you don't get caught without the right amount of money to be able to pay that tax bill," said Copeland, who teaches a personal finance course at the Wharton School at the University of Pennsylvania during his off season. NFL linebacker Brandon Copeland agrees that not being aware of the potential tax hit on this newfound income is one of the biggest possible pitfalls for players - in college and the pros.Ĭopeland, a member of the CNBC Invest in You Financial Wellness Council, said it's time for students to create a financial game plan. Staley, who has coached the South Carolina team for 13 seasons and played in the WNBA for eight years, shared this motto on Twitter: "Be a business. Yet with new opportunities come new challenges to make sure students avoid financial missteps. "Some of them have some lucrative deals, and some of them are just being influencers." More than half of the 16-player team has NIL deals, said University of South Carolina head coach and Women's Basketball Hall of Famer Dawn Staley. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |