Held during the final week of the 2016 Olympics in Rio Janeiro, Bloomberg Advantage reached out to Kevin for a live, on-air interview on “Olympic Athletes and Investing.” With athletes gaining endorsement deals, how do they make certain they are working with one of the best, if not the best, advisors and brokers available with new found wealth. There have been very notable issues with financial advisors and athletes over the past years, most notable being Tim Duncan, John Elway and Mark Sanchez. Many of these have worked with what is consider “the best” advisors – Barron’s Top 100, Worth Top Advisors, and others.
What should athletes and non-athletes do to create certainty around their choice of an advisor?