Join host Riccardo Stewart and his insightful co-hosts Sam Acho, Jeff Locke, and Zach Miller in this episode of the AWM NFL Podcast as they dive into the critical importance of having a team to manage the complexities of wealth for NFL athletes. Discover the benefits of moving from a single advisor to a coordinated team, as they share personal experiences and expert insights on wealth management, tax strategy, and creating multi-generational wealth for professional athletes.

Key Highlights

• Exploring the complexity of wealth management for NFL athletes and the need for specialized team support.
• Jeff Locke highlights the crucial tax challenges unique to professional athletes and the importance of targeted expertise.
• Zach Miller reflects on his experience of initially choosing individual advisors and the lack of coordinated support.
• Sam Acho discusses the short and long-term benefits of having a comprehensive team rather than relying on a single advisor.
• Examining common pitfalls players encounter without a team and strategies for effective wealth planning.

Quotes

• "One person can't do it all... you need an athlete specific tax person." – Jeff Locke
• "Not every place you work with is the same... NFL is so specific." – Zach Miller
• "Having a team means getting the expert answers you need without the runaround." – Sam Acho

In the 50th episode of the AWM NFL Players Podcast, hosts Riccardo Stewart, Zach Miller, Sam Acho, and Jeff Locke explore the complexities of public vs. private investments. They dive into the distinctions between these markets, highlighting access, regulation, and investment opportunities. Tune in for expert insights on how to navigate these options and understand their long-term impact on wealth creation.

Key Highlights

• Definition of "the market" and its historical context.
• Differences between public and private markets: access, regulation, and investable opportunities.
• Public market's 10% annualized return over the past century.
• Considerations for navigating private markets and achieving higher returns.
• Importance of long-term investing and the power of compounding.

Quotes

• "The public stock market has been one of the most incredible wealth creation tools in history." – Zach Miller
• "In the private market... it's very much buyer beware." – Zach Miller
• "Just because you have the money doesn't mean you really know what's going on." – Riccardo Stewart

In this episode of the AWM NFL Players’ Podcast, host Riccardo Stewart is joined by Sam Acho, Jeff Locke, and Zach Miller as they tackle essential investment concepts every NFL athlete should know. They break down the basics of stocks and bonds, the importance of investing in oneself, and the critical role of diversification in building financial security. Whether you're already investing or preparing to start, this episode provides valuable insights to elevate your financial strategy.

Key Highlights:

• Explanation of investment types: equity ownership and lending through bonds.
• Distinction between public markets for accessibility and private markets for high risk and high potential rewards.
• Importance of investing in self—human capital is the greatest asset for athletes.
• The necessity of diversification across global stocks and bonds for financial stability.
• Key questions before investing: ratio of bonds to stocks and commitment to long-term growth.
• Significance of compounding returns when investing early.

Quotes:

• "The most money you will ever make is going to be in your performance on that field." – Zach Miller
• "The power of compounding is massive when you start early." – Zach Miller
• "The future you will thank you for the investments you made right now." – Sam Acho