Athletes’ careers are unpredictable. Less than 2% of?NCAA?college athletes?turn professional and many professional athletes retire before they’re 35. Yet nearly?65% of athletes?say they never had financial education in?school.

To help address the unique challenges athletes face, JPMorganChase announced a new initiative to help athletes navigate every aspect of their financial lives, from early career stages through?retirement.???

The?JPMorganChase?Athlete Council?brings together some of the?world’s most accomplished sports figures?who will meet?with?JPMC?leaders?on a?regular?basis?to discuss the unique financial needs of athletes and guide the development of programs to address them.?

“Sports careers can be short and retirement unexpected,” said Kristin Lemkau, CEO of J.P. Morgan Wealth Management.?“We want to develop a program by athletes for athletes to help them from college to professional sports to retirement.”

“础迟丑濒别迟别蝉?face?unique challenges and opportunities.?Having?the right?educational?resources and guidance?is critical to making smart decisions about money as your career?evolves,”?said 3-time NBA champion and 2-time NBA Hall of Famer Dwyane Wade.

At its inaugural meeting,?JPMorganChase?Athlete Council?members shared their?own?personal experiences?and discussed a range of topics, including the needs athletes have at?different stages?of their career and how to support them effectively in making smart financial choices.??

“滨’尘?excited to?join the?JPMorganChase?Athlete Council and?to?serve as chair of this incredible group?of athletes. The?Council gives us the opportunity to share our?experience?and insights to help athletes build?their financial knowledge?and?plan?beyond their playing careers,” said Wade.

JPMorganChase?has?a long history?of?serving?athletes,?teams?and?owners, including?sponsorships of?tournaments,?venues?and individual teams?and players. Chase?is?also?the designated financial education partner for?League One Volleyball (LOVB) and?Hudl, a leading sports tech platform for youth to college athletes.?

“Our goal is to truly empower the athletes of today?–?and tomorrow – with financial literacy?throughout?their career,”?said Stevie Baron, Head of Private Client Banking at JPMorganChase. “We are excited to partner with some of the nation’s top athletes to deliver a fully integrated?experience.”

The?JPMorganChase?Athlete Council includes:??

  • Ally Love?– Peloton Instructor + VP, Instructor Strategy & Development | TODAY On-Air Contributor | Founder & CEO, Love Squad
  • Tom Brady?–?Seven-time Super Bowl champion with 10 Super Bowl appearances and 18 division titles?
  • Dwyane Wade?(chair)?–?Entrepreneur, two-time NBA Hall of Famer and three-time NBA champion celebrated for his legendary career with the?Miami HEAT
  • Megan?Rapinoe?–?Former professional soccer winger who?co-captained the U.S. Women’s National Soccer Team and?won?two?World Cup?titles and an Olympic gold???
  • Kayvon Thibodeaux?–?New York Giants edge rusher and 2022 NFL Draft fifth overall pick.?Founded?JREAM?to?support underserved youth???
  • Alex Morgan?–?Two-time FIFA World Cup champion, Olympic?gold?medalist?and former co-captain of the U.S. women’s national soccer team?
  • Jalen Brunson?–?Knicks All-Star Guard and Clutch Player of the Year,?empowering?youth through his Second Round Foundation??
  • Sue Bird?–?Seattle Storm WNBA champion and?5-time?Olympic gold medalist?turned?first-ever managing director for USA Women’s Basketball??
  • 础’箩补?Wilson?–?Unprecedented four-time WNBA MVP?winner?飞丑辞’蝉?led the Las Vegas Aces to three championships?

?Names listed in photo order from left to right for each row.

“Every athlete on this Council has been deeply committed to paying it forward to help the more than 500,000 college, working and retired athletes avoid some of the same pitfalls they stepped in.?At JPMorganChase, we can help every athlete regardless of income level manage their financial plan for the future,” said Lemkau.

The firm is also supporting athletes with its new “Athlete Center of Excellence” run by?financial professionals who deeply understand?the?athlete?experience and through financial education?outreach?at universities and?major sports events?to meet athletes where?they are?with curriculums designed specifically for them. JPMorganChase recently launched a dedicated educational content hub?at?jpmorgan.com/ace with?a range of?resources for athletes and?tailored?guides?for each phase of their sports career.

Participation on the Athletes Council or at JPMorganChase events does not constitute an endorsement or testimonial relating to the investment advisory services of J.P. Morgan Securities LLC, its advisors, and wealth management businesses.

Learn more about the?JPMorganChase?Athlete Council at: jpmorgan.com/athletescouncil

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