Drew Hawkins, Founder of Edyoucore, joins Jill Malandrino on Nasdaq TradeTalks to discuss preparing professional athletes and entertainers to make more informed, unbiased business, financial, and lifestyle decisions at all stages of life. https://www.nasdaq.com/videos/preparing-professional-athletes-and-entertainers-to-make-more-informed-financial-decisions
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Once the champagne bottles are popped and the excitement of signing a multi-million-dollar pro-ball contract sets in, athletes have traditionally been left to their own devices to manage their money, often when they’re fresh out of college with little or no financial literacy or expertise to back them up. https://www.fa-mag.com/news/improving-athletes–financial-game-75392.html
Edyoucore founder Drew Hawkins educates athletes on the unglamorous sides of being a professional player in the league.
For the past five years, Edyoucore has remained committed to improving financial wellness for professional athletes. We are excited to continue this effort with a major expansion of our programming! In addition to the financial literacy consulting that we have provided since inception, we are now including a new service that is dedicated solely to mental health.
The athlete, a Philadelphia Eagles player in his mid-20s, slumped in a chair next to his wife. “He’s about to get a second contract and we don’t have our financial affairs in order,” the wife said. “We have money. We make a lot of money. We spend a lot of money. And we need help.”
Drew Hawkins, in the midst of a robust career in wealth management with Morgan Stanley, sat across from the couple, holding a pen and a yellow legal pad. The wife had asked for the meeting in hopes of getting advice from an expert. Hawkins started directing questions to the football player — nothing exotic, just simple questions about his contract with the Eagles, his income, investments, savings, expenses and charitable contributions.