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Old 05-31-2012, 08:11 AM   #3
DaKCMan AP DaKCMan AP is offline
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Quote:
Originally Posted by Dave View Post
Why don't their Agents prepare them for this?
Reason #4

4) Weak financial counsel: What I mean by this is that most financial advisors, accountants and confidants I met and observed over the years don’t have the fortitude to stand up to their clients in fear of losing them. If they ride their clients too hard about spending the athlete may just fire him or her. So they tend not to make the hard calls and put their foot down on spending patterns. For many consultants, it’s a race to invest the players’ assets before they spend it. Consultants who take their time to educate, communicate and have a way of helping players control spending get an A+ in my book but they are few and far between.
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