UBS Wealth picks former Bear to lead athlete segment

Crain’s Chicago Business | Nov 19, 2020 at 12:03 AM
  • Adewale Ogunleye, a former Pro Bowl defensive end with the Chicago Bears, has been named to lead UBS Global Wealth Management’s new Athletes & Entertainers segment.
  • Like many players and performers who become wealthy, Ogunleye initially had little experience with investments — and he stumbled into some common pitfalls, like bad real estate deals and startups with little financial backing.
  • It’s an all-too-common story: A star makes millions, then buys into risky investments pushed by disreputable advisers — and soon is broke.