Really interesting Crain's New York Business article on succession planning challenges in the National Football League (NFL) and the potential for private equity expansion in the business. The NFL is big business; private equity would likely love to invest in the success of the sport--and the profits that come with it. https://lnkd.in/erJTCz_U Succession planning and wealth accumulation at this level is incredibly complex. The tax implications are huge and without proper planning, many of these owners (and their multi generation families) will end up with tremendous tax liabilities. This article dives into some of the structures that currently exist, but if the NFL opens up to PE investment, it will only continue to complicate ownership and structure. Fascinating stuff here. Worth a read. #nfl #successionplanning #wealthtransfer Farrell Fritz, P.C.

It was great hearing from prior Hiring Our Heroes alums talk about their previous experiences going through the Fellowship program. It helped put this first week at our host companies into perspective. The biggest takeaways that I got were: 1. Be humble and hungry to learn! 2. My network IS my net worth. 3. Treat every interaction as a potential interview and show you are a team player. 4. Soft skills > Technical skills 5. Remember to focus on my well-being. Any other advice from anyone for onboarding into a new job?

The average NFL career is only 3.3 years. How does an athlete make their wealth last well beyond their time on the field? For insight into sustaining financial prosperity beyond the big paycheque, check out the advice below from Donovan McNabb and Keith Bulluck. #wealth #investing #saving

Limiting beliefs? Not in this family!! 🏀LeBron James, the man from Akron, Ohio, has always been more than just a basketball player. Growing up in a single-parent household, he faced significant challenges, moving homes around ten times as a young boy. 🏀Despite these obstacles, his talent and determination propelled him from high school directly into the NBA, where he has never looked back. Today, LeBron is not only a superstar for the Los Angeles Lakers but also a billionaire, a testament to his exceptional career and business acumen. But what makes his story truly remarkable is not just his individual success, but the legacy he is building. 🏀With his son now joining him in the NBA and on his team, we are witnessing the continuation of generational wealth and opportunity. LeBron's story is one of resilience, excellence, and giving back. He uses his platform and resources to uplift communities, particularly in Akron and Los Angeles, making a global impact through philanthropy and advocacy. 🏀This is, in my opinion, one of the greatest stories in sports history, showcasing how hard work and dedication can transform lives and create lasting legacies. Regardless of how well his son performs in the NBA, the most inspiring part of this narrative is seeing generational wealth being passed on—not just through finance, but through values, opportunities, and support. LeBron’s commitment to his community and his family's future is a powerful example for us all. 📣How do you see the role of generational wealth and community impact evolving in the world of sports and beyond? CK✌🏾 B.E.L.I.E.F

🏈 In case you missed it… RFG Advisor and former professional baseball player Chase R. Crump, CFP® joined the NFLPA as a Registered Player Financial Advisor, highlighting the crossover of sports and wealth management. 🤝 Recognizing that “many athletes come from underserved communities, and coming into sudden wealth can flip their world upside down,” Chase has been busy embracing his new role and guiding athletes toward financial success. Read more about Chase’s recent achievement and other industry moves from Family Wealth Report: https://bit.ly/4d0uefj | WFA - Plan Invest Inspire

Tonight's NFL Draft is not just a pivotal moment for young athletes; it's also a vivid reminder of my professional aspiration: to merge my passion for personal finance and football by becoming a financial coach for these emerging stars. The transition to receiving life-changing sums of money can be overwhelming, and sound financial guidance is invaluable. By educating and advising them, I aim to ensure these talented individuals secure their financial futures right from the start of their careers. What’s your dream job? Share in the comments below and let's discuss how our passions can drive our professional goals. 🌟 #NFLDraft #CareerAspirations #FinancialCoaching #ProfessionalDevelopment

Check out this article co-authored by CREW Dallas members Cecily Bolding and Jennifer Grammer! Learn how an upcoming potential change in tax law could affect land and real estate owners. It's great to see our members sharing their expertise through valuable information that directly benefits others in CRE.

Have you read the article Cecily Bolding, CFP® and I co-authored regarding the changes coming to the estate tax exemption? Click the link below to check it out!

Here’s a gentle reminder from NFL Alumni.💯 Don’t Limit Yourself to Just One Income! Many athletes rely on their sports contracts or endorsements, but that can be a risky move. What happens if injury strikes or career paths shift? So.. Let’s talk about diversification! Investing in real estate is a powerful way to create wealth. Whether it’s owning rental properties or exploring REITs, each choice adds to your financial strength.🏘️ Remember, it’s not just about today. It’s about your tomorrow, too! What’s your take on diversifying your investments? #keystoneprivatecapital #FinancialAthleteCapital #a1scioneaux #RealEstateInvesting #FinancialFreedom #PassiveIncome

I recently got back from an epic trip to the West Coast with my wife and son. It was part business, part family adventure, and 100% unforgettable. Last year, my son and I made a pact to see every baseball stadium. This trip, we knocked off the Dodgers, Angels, Padres, and Giants. Four stadiums in one trip—if stadium-hopping was a sport, we’d be MVPs! But it wasn’t just about baseball. We hit all the hotspots: Hollywood sign, Walk of Fame, sea lions in La Jolla, Golden Gate Bridge, Alcatraz, and even an old Cold War nuclear missile site (who knew history could be so cool?). Shout out to one of my best friends, Phil Mauritz, for being an awesome host in SF! 𝐖𝐞𝐚𝐥𝐭𝐡 𝐢𝐬𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐛𝐚𝐧𝐤 𝐚𝐜𝐜𝐨𝐮𝐧𝐭; 𝐢𝐭’𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬 𝐭𝐡𝐚𝐭 𝐞𝐧𝐫𝐢𝐜𝐡 𝐲𝐨𝐮𝐫 𝐥𝐢𝐟𝐞. It’s those shared experiences with family and friends, especially while the kids are still young and think you’re the coolest person ever (which I’m sure will fade quickly). Meeting with clients on this trip reinforced this belief. We talked investments, but we also shared stories and laughter. It reminded me that building wealth is a blend of financial success and creating a life full of cherished relationships. 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐰𝐞𝐚𝐥𝐭𝐡 𝐢𝐬 𝐛𝐲 𝐜𝐡𝐨𝐢𝐜𝐞, 𝐧𝐨𝐭 𝐛𝐲 𝐜𝐡𝐚𝐧𝐜𝐞. It’s about making the right financial decisions to create a life full of rich experiences. So, here’s to investing in what truly matters and hitting those life home runs! #RelationshipsMatter #ChoiceNotChance #FamilyAdventures #LifeGoals P.S. For those of you who know I also have a daughter, don't worry, we didn't just leave her home—she was away at camp with her friends.