Giants' Kayvon Thibodeaux shares NIL money advice through new JPMorgan partnership

Summary

JPMorgan Wealth Management CEO Kristin Lemkau and New York Giants star Kayvon Thibodeaux discuss their partnership to help college athletes manage NIL (name, image, and likeness) wealth. They emphasize financial education, saving, and the importance of cross-referencing advisors. The conversation also touches on the competitive dynamics of NIL money across college sports.

• JPMorgan Wealth Management partners with athletes to provide NIL financial education.
• Kayvon Thibodeaux highlights the need for saving and avoiding bad spending habits.
• Kristin Lemkau notes that few college athletes go pro, making wealth management critical.
• The athlete council is working on interactive tools for saving, splurging, and investing.
• Thibodeaux advises athletes to cross-reference people they meet and stay wary of offers.
• The NIL market is competitive with no salary cap, favoring open-market dynamics.