Intangible Podcast

Michael Ledo | Your Financial Advisor Is Just a Position Coach


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What does it actually take to build generational wealth as a professional athlete? In this episode of the Intangible Podcast, Chris Spencer sits down with Michael Ledo, CEO and founder of Rise Family Office, for the unfiltered conversation most athletes never get to have until it is already too late.

Michael is the nephew of Eugene Parker, the first major Black sports agent in America. He is a two-time Division II All-American running back whose ankle injury became the turning point that led him to build three athletic training facilities, develop over 100 Division I athletes and 15 NFL players, and eventually create one of the most distinctive wealth management platforms for professional athletes in the country.

In this conversation, Michael and Chris break down why a shockingly small percentage of athletes are prepared for life after the game, what it really means to learn the language of money, and the dangerous difference between a financial advisor who preserves your wealth and a family office that grows it. Michael shares real client success stories from Jalen Smith and Jesse Bates and reveals the mindset shifts that separated them from the 78 percent of athletes who go broke within five years of leaving the game, even while 56 percent of those same athletes had financial advisors the entire time.

This episode gets personal. Chris opens up about his own struggle with dyslexia and what it felt like to hide behind the helmet for years. Michael explains why most athletes are hiding too, why the helmet has to come off before real wealth can be built, and how vulnerability is the first step toward operating like a true entrepreneur. From the Five Whys method for finding your real motivation to the off-season calendar that Rise Family Office builds for every client, this is a masterclass in the intangibles of financial performance.

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Intangible PodcastBy Chris Spencer