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Podcast: Move The Ball®
Episode: Michael Bapis: Strategies for Pro Athletes and High Net Worth Individuals
Description: Delve into the financial intricacies and planning for professional athletes and ultra-high net worth individuals with guest Michael Bapis, Managing Director with Vios Advisors at Rockefeller Capital Management. They explore the importance of endorsements, LLCs, and adapting to the changing landscape influenced by NIL and social media. The discussion covers the crucial role of relationships and trust in managing wealth, the significance of diversification in investment portfolios, and the challenges athletes face when transitioning out of their sports careers. Additionally, they touch upon tax strategies, asset protection, and the necessity of early financial education. The episode provides valuable insights...