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#139 Jacob Turner - From MLB Pitcher to Financial Advisor
Manage episode 405774638 series 2953117
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Welcome to episode 139 of Sports Management Podcast.
Jacob Turner is the co-founder of Moment Private Wealth and a former MLB pitcher. He was drafted in the 1st round, 9th overall, by the Detroit Tigers in the 2009 MLB draft. Now he is a financial advisor helping athletes make sound financial decisions.
We spoke about:
- Signing a 7 million dollar MLB contract
- What he bought for his signing bonus
- How to choose a financial advisor
- The downsides of being an athlete
- Financial mistakes athletes make
- Reward vs lifestyle purchases
- Why he quit baseball
And much more!
WATCH ON YOUTUBE: https://youtu.be/dUG_OUGQDc8
Timestamps:
00:00 Intro 01:37 MLB Draft 2009 02:29 Starting Baseball 03:40 Life Changing Money 05:34 Be the CEO of Your Own Life 06:50 Elite Athletes Going Broke 09:54 Finance Learnings From His Parents 11:18 Moment Private Wealth 15:13 Three Buckets of Investments & Taxes 19:25 Mistakes Athletes Make 22:00 Importance of Confidence 25:42 Best Finance Books 27:20 Downside of Being a Pro Athlete 28:15 Defining Success 29:38 Losing His Father 30:58 Bumps On The Road 32:47 Quitting Baseball 34:35 Injuries From Baseball 35:15 Be All In 36:17 Outro
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Jacob's Channels:
https://www.instagram.com/thejacob_turner/ https://twitter.com/TheJacobTurner https://www.linkedin.com/in/thejacobturner/ https://www.youtube.com/@TheJacobTurner https://www.momentprivatewealth.com/
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