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Being a former athlete, I just realized that the industry could do a better job of providing guidance to our high net-worth individuals, especially our athletes, and using our platform to help with financial decisions, i made a ton of money; that didn’t make me an expert in money. So, I went back to school, I educated myself. But, I do feel like our advisors at our firm should have an obligation to teach as they go, teach our athletes to understand what their finances are, and make sure that they have a legacy to fall back on when their playing days are over.
Financial education, dealing with our financial advisors, make sure they understand, that our athletes need to have a legacy, and then also, lastly, dealing with our clients themselves, the athletes themselves and entertainers, making sure that we get behind them, their philanthropic endeavors, the life after the stage, after sports. Because even if you are a Tom Brady, you still have the rest of your life to live, right? What are you going to do with that? Even if you’re an anomaly like myself and played 11 years in the league, I was done in my 30s. I’m still fairly young, so I haven’t retired from life. And I think that what we’re going to do at UBS is we’re going to look at our athletes as businessmen, business women, entrepreneurs, knowing that this is just a small segment of their life. And once those 15 minutes of fame are up on the on the field, we want to make sure that you have a much longer, longer life to live toward getting that legacy for you and your family, maybe the communities that you’ve come from.
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