WealthManagement Magazine

Great Moments in Financial Planning

University of Michigan wide receiver Braylon Edwards was one of the top draft picks in the 2005 NFL Draft. He is expected to sign for millions. But he might want to hire a new financial advisor. Before the draft, Edwards asked his financial advisor if he could buy one big toy. After the talk, but before he actually had any cash, Edwards went out and bought a $250,000 Bentley. Quoth Edwards: It was

University of Michigan wide receiver Braylon Edwards was one of the top draft picks in the 2005 NFL Draft. He is expected to sign for millions. But he might want to hire a new financial advisor. Before the draft, Edwards asked his financial advisor if he could buy “one big toy.” After the talk, but before he actually had any cash, Edwards went out and bought a $250,000 Bentley. Quoth Edwards: “It was a risk I could afford to take.”

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