July 25, 2024 at 9:30 AM Eastern
Merrill and I M G Academy Launch Partnership to Bring Financial Education to Student-Athletes
The Multi-Year Partnership Aims to Empower Student-Athletes to Pursue Financial Goals
NEW YORK, New York - Today, Merrill Wealth Management and I M G Academy announced a three-year partnership to offer more education and resources around financial awareness to student-athletes and their families. The program aims to provide actionable financial education to I M G Academy student-athletes that can help them throughout their student-athlete journey and in life.
“Athletes today are navigating an increasingly complex financial landscape and are expected to make decisions at an early age that can have a significant impact on their futures,” said Greg McGauley, Head of Merrill Private Wealth Management, International and Institutional Groups. “That is why this partnership with I M G Academy is so important and timely. It offers students and their parents the education and resources to help them make informed financial decisions now and in the future.”
Recognizing the growing need for financial advice and having long-served clients in the sports industry, Merrill increased its commitment three years ago through the introduction of a dedicated Sports & Entertainment group. These advisors are well-versed in the unique challenges that the sports industry presents, and work with their sports clients to address these challenges. With the I M G Academy partnership, Merrill advisors will provide specialized personal financial education to I M G Academy student-athletes and families through a curriculum that incorporates Bank of America’s free financial education resource, Better Money Habits, and covering such topics as:
I M G Academy’s intentional and unparalleled focus on holistic personal development sets it apart from any other education brand or institution in the world. It is the only prep school in the world with a dedicated staff of more than 100 specialists focused specifically on intentional personal development in the areas of leadership, mental performance, nutrition, communication, and sports science. I M G Academy across its boarding school and digital products, N C S A College Recruiting and I M G Academy+, helps place more than 30,000 student-athletes onto college athletic rosters annually.
“Given the modern high school and collegiate student-athlete landscape, it is becoming increasingly important to develop financial literacy at a younger age,” said Brent Richard, C E O of I M G Academy. “Establishing a partnership that provides our student-athletes and their families financial resources and knowledge is another significant addition to our holistic education curriculum, and only further increases the value of an I M G Academy education.”
The financial education program will be offered to students and their families attending I M G Academy’s onsite boarding school in Bradenton, Florida, and through their online program, I M G Academy plus. The curriculum will go into effect during the twenty twenty four twenty twenty five academic year and will include educational sessions, campus-wide assemblies, self-study materials, and an opportunity for students and their families to meet with a Merrill advisor one-on-one.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately A T Ms (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (N Y S E B A C).
I M G Academy is the world’s leading sports education brand, providing a holistic education model that empowers student-athletes to win their future, preparing them for college and for life. I M G Academy provides growth opportunities for all student-athletes through an innovative suite of on-campus and online experiences:
Banking products are provided by Bank of America, N A, and affiliated banks, Members F D I C and wholly owned subsidiaries of Bank of America Corporation.
Julia Ehrenfeld, Bank of America
Phone: one six four six eight five five three two six seven
julia.ehrenfeld@bofa.com
Mike Lovecchio, I M G Academy
Phone: one nine four one five seven seven two nine six one
mike.lovecchio@imgacademy.com
MAP #6786242
To download files for editorial use, visit Wealth in our media content library.
July 25, 2024 at 9:30 AM Eastern
Merrill and I M G Academy Launch Partnership to Bring Financial Education to Student-Athletes
The Multi-Year Partnership Aims to Empower Student-Athletes to Pursue Financial Goals
NEW YORK, New York - Today, Merrill Wealth Management and I M G Academy announced a three-year partnership to offer more education and resources around financial awareness to student-athletes and their families. The program aims to provide actionable financial education to I M G Academy student-athletes that can help them throughout their student-athlete journey and in life.
“Athletes today are navigating an increasingly complex financial landscape and are expected to make decisions at an early age that can have a significant impact on their futures,” said Greg McGauley, Head of Merrill Private Wealth Management, International and Institutional Groups. “That is why this partnership with I M G Academy is so important and timely. It offers students and their parents the education and resources to help them make informed financial decisions now and in the future.”
Recognizing the growing need for financial advice and having long-served clients in the sports industry, Merrill increased its commitment three years ago through the introduction of a dedicated Sports & Entertainment group. These advisors are well-versed in the unique challenges that the sports industry presents, and work with their sports clients to address these challenges. With the I M G Academy partnership, Merrill advisors will provide specialized personal financial education to I M G Academy student-athletes and families through a curriculum that incorporates Bank of America’s free financial education resource, Better Money Habits, and covering such topics as:
I M G Academy’s intentional and unparalleled focus on holistic personal development sets it apart from any other education brand or institution in the world. It is the only prep school in the world with a dedicated staff of more than 100 specialists focused specifically on intentional personal development in the areas of leadership, mental performance, nutrition, communication, and sports science. I M G Academy across its boarding school and digital products, N C S A College Recruiting and I M G Academy+, helps place more than 30,000 student-athletes onto college athletic rosters annually.
“Given the modern high school and collegiate student-athlete landscape, it is becoming increasingly important to develop financial literacy at a younger age,” said Brent Richard, C E O of I M G Academy. “Establishing a partnership that provides our student-athletes and their families financial resources and knowledge is another significant addition to our holistic education curriculum, and only further increases the value of an I M G Academy education.”
The financial education program will be offered to students and their families attending I M G Academy’s onsite boarding school in Bradenton, Florida, and through their online program, I M G Academy plus. The curriculum will go into effect during the twenty twenty four twenty twenty five academic year and will include educational sessions, campus-wide assemblies, self-study materials, and an opportunity for students and their families to meet with a Merrill advisor one-on-one.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately A T Ms (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (N Y S E B A C).
I M G Academy is the world’s leading sports education brand, providing a holistic education model that empowers student-athletes to win their future, preparing them for college and for life. I M G Academy provides growth opportunities for all student-athletes through an innovative suite of on-campus and online experiences:
Banking products are provided by Bank of America, N A, and affiliated banks, Members F D I C and wholly owned subsidiaries of Bank of America Corporation.
Julia Ehrenfeld, Bank of America
Phone: one six four six eight five five three two six seven
julia.ehrenfeld@bofa.com
Mike Lovecchio, I M G Academy
Phone: one nine four one five seven seven two nine six one
mike.lovecchio@imgacademy.com
MAP #6786242
To download files for editorial use, visit Wealth in our media content library.
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