Posts in Category: Financial

Wes Edens As A Financial Advisor To NBA Players

In the United States the name Wes Edens means a lot, and when mentioned mo0st individuals recon the accomplishment and changes, he has resulted in the finance sector. He has dedicat6ed his time and resource to aid in actualizing dreams as well as giving a u-turn in the lifestyle of many. Despite residing in New York City, he is a citizen of United States by birth and Wesley Robert Edens being the official name that he was given in 1961 after his birth. In 1984, he was awarded a Bachelor degree in both Finance and Business Administration as recognition that he pursued his studies in Oregon University. His skills and knowledge in finance have seen him rise to success, in ways like erecting Milwaukee Bucks as well as bring Fortress Investment Group to an existence.

Wes Edens has been a precious Asset to many especially those who have issues in managing their incomes he has been of use to them by offering financial advice. Among these people, the players are his significant clients, and this was after he identified that NBA players have difficulties and somehow illiterate in managing and allocating their finances. Due to their expensive lifestyle with no saving for the future, they tend to face financial constraints and credits. Worse of it all, after retirement these people find it difficult to survive without such huge funds since when they had a chance, they tended to waste it instead of investing. Wes Edens does not forget to share his experience when he made poor financial decisions at his young age to ensure that those players do not find themselves in the same blunder.

In an interview, Wes Edens reveals that his aim is to nature and equips the players with knowledge and skills that are useful in managing and playing their investment hence securing their future, especially after retirement. In Edens’ opinion, more than 50 percent of the NBA players find themselves bankrupt after retirement despite earning over $5.15 in every season. Also, he talked about three individuals who were nineteen years old who needed counseling in how to make crucial financial decisions after their high school.

Besides his involvement in sports, Wes Edens has also demonstrated excellent leadership in his current workstation, Fortress Investment Group. He has been very vocal in ensuring that the young employees are well nurtured so that they can develop into brilliant future leaders.

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