{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"NFL Players' Podcast","title":"The NFL Wealth Playbook: Why You Need a Financial Team | NFL Players' Podcast #53","html":"","width":"100%","height":180,"duration":641,"description":"In this episode of the NFL Players' Podcast, host Riccardo Stewart and his co-hosts Jeff Locke, Sam Acho, and Zach Miller explore the essentials of building a strong financial team for NFL players. They dive into the nuances of transitioning from relying on a single financial advisor to curating a team dedicated to managing multi-generational wealth. Highlighting the complexities and responsibilities that come with increased wealth, the hosts share insights into the critical roles within a financial team and the timing for making this pivotal switch.\n\nKey Highlights:\nRiccardo Stewart introduces the necessity of shifting from a single financial advisor to a comprehensive financial team for NFL athletes.\nJeff Locke emphasizes the analogy of a sports team to explain the complex needs of high net-worth individuals.\nSam Acho discusses the importance of having a financial team present regardless of geographical location.\nZach Miller provides criteria for when an athlete should transition to a team based on their earning potential.\nJeff Locke covers the philosophical reasons behind having a team to achieve the desired life outcomes.\nSam Acho stresses the importance of working with an independent team to avoid conflicts of interest.\nQuotes:\n\"More money means more complexity, and when you have that complexity, it necessitates more clarity.\" – Riccardo Stewart\n\"You can't just have one, two, or three people trying to handle all the things you need.\" – Jeff Locke\n\"Your team needs to be wherever you are at, period.\" – Sam Acho\n\"If you think you're going to make over $20 million, you should have a team.\" – Zach Miller","thumbnail_url":"https://img.transistorcdn.com/xpUkhWiM_8gTHaKEymhBd5JC0mxazbCKjASr1HDOaMs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yYTYw/OWI1MjAyZjY1Mzcx/NDFjNGU5ODNmNmZh/OWNhNy53ZWJw.webp","thumbnail_width":300,"thumbnail_height":300}