A well known stat is 78% of professional athletes go broke within five years of retirement. In the financial world these guys are as vulnerable as tackling dummies and many of them are seeking financial help. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, discusses the recent lawsuit by professional athlete Dwight Freeney against BAC (Bank of America) for fraud.
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Tags: BAC, bank of america, professional athlete