Do You Need A Finance Coach?

Jul 1, 2024

Nadine Wong, a Morgan Stanley Private Wealth Advisor, explains how a financial advisor can help you reach your goals, and level-up your financial knowledge.

Hosted by Chris Evert



 Hi, I'm Chris Evert. Welcome to Episode 5 of What Moves You, an audio miniseries from Morgan Stanley in support of the WTA. Over the past few episodes with Morgan Stanley Private Wealth Advisor Nadine Wong, we've covered a lot of questions about money that come up for players over the course of a career.



Hi, I'm Nadine Wong. I'm a Morgan Stanley Private Wealth Advisor and a Global Sports and Entertainment Director. I specialize in serving the unique and complex needs of professional athletes and entertainers.

There's so much to think about when you're playing tennis, and you have coaches and trainers who help you play your best. So it only makes sense that off the court, you need the same kind of support for things like your finances.



There are so many people who support you as a player - family, coaches, fitness trainers. A reliable financial advisor can be another valuable member of your team.

You hire a coach to improve your tennis performance and strategy. You can do the same thing when hiring a professional to take care of your financial well-being and performance. A certified and well-qualified financial advisor can help you navigate the markets. They will help you to evaluate your financial situation in the context of the larger market, and offer solutions to help you manage your wealth no matter what comes your way!

Once you start finding success and making money, you want to make sure you’re working with someone you trust. So how do you find this person?

One of the best places to start is in your own circles. Ask teammates, coaches, and former athletes you trust for referrals. Make note of the names that come with glowing recommendations.

Next, you want to do your own research because knowledge is power. Just like looking for a doctor, there are websites where you can look up a professional history of a broker or Financial Advisor and make sure they are qualified and properly licensed.

Then, pick at least 2 or 3 advisors to interview. This relationship will become an important partnership -- so ask them questions, discuss your goals, and hire the person that feels like the best fit for you.

And as your athletic career grows, you may want to add other people to your team to help with these kinds of decisions. People like agents, attorneys, business managers or even publicists.

And like I said before, knowledge is power. Inform yourself about your finances. You use your physical power on the court with every swing, and ultimately you want to use that knowledge, use that power off the court, to improve your finances. You don’t take shortcuts off your game, so don’t take shortcuts off the court either. You know what it takes to succeed.



I'm Chris Evert. This is What Moves You, an audio series from Morgan Stanley in support of the Women's Tennis Association. We hope this series is a source of guidance and reassurance as you navigate your financial life off the tennis court, so that when you're on the court, you can focus on your game without external stressors or distractions.

Thanks for listening.


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As you achieve more success on the court, your earnings and your financial goals may grow and get more complex. Working with a financial advisor can help you understand how to maximize what you earn, minimize costs and manage your money well.


You may work with multiple coaches to improve your game, but have you ever wondered what a financial coach might do for your career? Nadine Wong, a Morgan Stanley Private Wealth Advisor, explains how a financial advisor can help you reach your goals, and level-up your financial knowledge. She’ll also describe the criteria you should keep in mind as you think about expanding your team.

Listen to More

Check out more What Moves You audio episodes with Chris Evert, or listen to other Morgan Stanley podcasts.