Key Highlights

Explanation of the "shirt sleeve to shirt sleeve" concept and its relevance to wealth management.

The true meaning of multi-generational wealth and its importance for athletes.

Determining the amount of net worth NFL players need to sustain multi-generational wealth.

Detailed discussion on controlling spending to ensure wealth preservation.

Identifying and overcoming roadblocks in achieving multi-generational wealth.

Quotes

"It's easy to make money or to build wealth. It's hard to sustain it." – Sam Acho

"You still have to have a plan built out that you can follow and keep things in check." – Jeff Locke

"For me, when I was done playing, I had no idea what I was spending. I never tracked spending." – Zach Miller

• The perception vs. reality of athletes going broke.
• Jeff Locke discusses the inaccuracies in data used in ESPN’s “Broke.”
• Sam Acho shares his initial shock at learning about athlete financial distress.
• Zach Miller sheds light on the dramatic income drop post-NFL and its consequences.
• Discussion on “sudden wealth” and its psychological and social impacts.
• Practical advice for athletes to manage and sustain wealth responsibly.

• "We don’t save people. We serve people." – Riccardo Stewart
• "The year you are done, you drop into the lowest tax bracket unless you’ve been saving right." – Zach Miller
• "Sudden wealth can set you up for generations if planned for, but can also bring guilt and isolation." – Jeff Locke

• ESPN’s “30 for 30: Broke”
• NFL Players Association

Money is a tool to pay for the things we want and bless the people we love. NFL players can use their wealth to bless others through giving and sharing.

Listen to today’s episode as the AWM NFL team teaches about the importance of giving.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.

Notorious Big Famously is quoted saying, “Mo money mo problems”. As NFL ultra-wealthy athletes more money usually means more complexity, complexity necessitates having a plan.

In this episode, the AWM NFL team discusses the importance of financial planning for your future.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.

Elite NFL players could create multigenerational wealth. However, making millions of dollars doesn’t equal multigenerational wealth.

In this episode, the AWM NFL Team discusses the 4 rules of creating multigenerational wealth: money, knowledge, skill & discipline.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.

Important to creating multigenerational wealth is choosing the right team. As an NFL player who helps you make decisions? What role should your parents and family play in making your decisions?

Sam, Zach, Jeff, and Riccardo speak directly to the athlete and the family in this episode, providing guidance and wisdom.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.

What guides your investment decisions? As an NFL player, pursuing multi-generational wealth, establishing your priorities is vital to success on and off the field.

Listen as the AWM team discusses the importance of values and priorities in the context of being an Athlete CEO.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.

NFL players have the unique opportunity to become more than just players but also Athlete CEOs. Sitting at the top of their family business they make important decisions about generating and stewarding their talent and wealth. Assembling a team of qualified individuals can be difficult for athletes.

In this podcast, the NFL AWM team discusses the importance of being a Pro on and off the field.

For questions, you can reach out to Riccardo Stewart at +1 (602) 989-5022.