JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push

Key Points

JPMorgan Chase announced the Athlete Council, an initiative led by Dwyane Wade and featuring Tom Brady, Sue Bird, Alex Morgan and others, aimed at helping athletes manage money from college through retirement.
About one in six NFL players declares bankruptcy within 12 years of retiring, JPMorgan said, underscoring the financial perils facing athletes.
The bank is also launching an Athlete Center of Excellence and a content hub with tools including checklists for navigating NIL deals and guides for assembling a team of financial advisors.

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