Check Your Financial Adviser Now (and Every Year) or Regret It Later

As I worked with several rookies who took part in this year’s NFL, NBA, MLB and NHL drafts, I noticed the lack of financial literacy in the professional athlete community – especially rookies. It’s insane the trust level they give to agents as well as those in their inner circle.

But it’s not an isolated problem. Financial knowledge across the United States is weak overall, and a revealed only a third of respondents are able to answer more than half of the 10 investing quiz questions correctly. In addition, 14% of respondents did not think they paid any investment fees. But the most