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NFLPA Registered Financial Advisor

In a recent Sports Illustrated article, Pablo S. Torre describes the tragedy that comes to the majority of retired professional athletes:

"Athletes from the nations three biggest and most profitable leagues-the NBA, NFL, and Major League Baseball- are all suffering from a financial pandemic. Although salaries have risen steadily during the last three decades, reports from a host of sources (athletes, players associations, agents, and financial advisors) indicate that:

  • By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
  • Within five years of retirement, an estimated 60% of former NBA players are broke."

NFL Players Association Registered Financial Advisor

Christopher Ortiz is registered with the National Football League Players Association(NFLPA) Financial Advisor Program. The Financial Advisors Program, the first of its kind in professional sports, is designed to protect NFL players against fraud and unfair practices by financial advisors. The program gives players access to financial advisors whose backgrounds have been pre-screened by the NFLPA.

Much like anyone soon to retire, a professional athlete has a certain amount of time they are working and making money before they begin living off of their nest egg. They cannot afford to trust just anyone with their money. Christopher is proud to be a part of this organization, one of only 270 advisors in the United States, and offer the opportunity to help clients plan their financial futures thought he use of our practices and programs.

As a registered NFLPA Financial Advisor, we not only meet, but exceed the appropriate professional qualifications to be eligible to participate in the program. Below is a listing of the requirements as outlined by the NFLPA:

  • All Financial Advisors must have appropriate professional qualifications to be eligible to participate, including a college degree, a minimum of eight years of relevant experience in financial services or a masters degree such as an MBA or a masters in Finance
  • All advisors must also be registered and hold some form of professional designation such as Certified Financial Planner or FINRA qualification
  • Every advisor registered in the program is subject to background checks and due diligence. No financial advisor will be eligible to participate if he or she has a criminal record, civil judgment, or regulatory history relating to fraud and similar offenses.
  • Financial advisors are provided specialized training as to the needs of players and working with sports agents.

National Asset Management offers expertise in several areas, as we are not only thinking of helping you manage your money, investments, and financial decision, but also managing your unique risks.

In developing and maintaining a well thought out wealth accumulation plan for Professional Athletes, we focus on a variety of personalized strategies. We have access to the broadest range of financial products from which to choose to help you accomplish your goals. National Asset Management objective is to remove financial distractions and enable you to concentrate on your professional career. We want you to be financially "bulletproof" when your playing days are over-able to do whatever you wish with the rest of your life.

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