How to determine who should be handling your net worth
The differences between someone who plays in a football league on the weekends and an NFL player are obvious, but did you know there are similar gaps between people who call themselves financial advisors? When trusting someone with your net worth – do you know the designations to look out for? What are the differences in qualifications between someone who says they’re a financial advisor and someone who is a CFP®, CPWA®, CPA or CFA? Approximately 300,000 people in the country could call themselves a financial advisor – even if they just sell insurance. However, there are only roughly 82,000 people with the designation of CFP®, and 2,500 with a designation of CPWA®. Knowing which designation you need for your unique situation could end up equaling millions of dollars for you.
In this week’s episode of the NFL Players’ Podcast, Zach Miller and Erik Averill break down the different designations you’re going to come across and you should be looking out for, and they’ll cover one of the biggest assets that you have as an NFL player that we’ve seen as also one of the most neglected assets out there.
Episode Highlights