Hockey Wealth Group is excited to announce that Nick Schilkey, a recently retired professional hockey player, is joining their team. Schilkey will use his firsthand hockey experience to help current and retired NHL players navigate the complexities of the NHL Player Pension, as well as other hockey specific planning items. This addition strengthens the firm's mission to offer specialized financial services to hockey professionals and their families.
Schilkey will play a big role in guiding players through the financial planning process, and help retired players navigate their way through the many iterations of the NHL retirement system. Similar to all the other advisors at the firm, having been a professional athlete himself, will be very valuable. “Schilks”, as he is known in the office, understands firsthand what it's like to move from playing on the ice to managing finances for the long-term.
Founder Johann Kroll, CFA, CFP® shared his excitement about Schilkey joining the Hockey Wealth team. "Nick brings valuable experience both on and off the ice. His practical understanding of the game of hockey, along with his finance degree from Ohio State, will be a tremendous asset to our clients. We are confident that his skills will enhance our ability to provide top-notch guidance, especially as we help players navigate the NHL retirement system, as well as other important life phases earlier in a player’s career."
Hockey Wealth Group has made a name for itself by offering a variety of financial services tailored to the unique needs of hockey players. These services include setting up income plans for retirees, managing low-cost investment portfolios, and creating tax plans to lower lifetime tax bills. They also provide partnerships for cross-border currency exchange and offer comprehensive NHL Pension guidance to help players understand both old and new NHL Retirement Plans. Their goal is to ensure that players' wealth is handled properly, providing long-term stability after their playing days are over.
The firm has found over the years that many NHL retirees struggle to understand the multitude of changes to the NHL retirement system. The New plan, which began in 2012, is a defined benefit plan where benefits are based on the number of games a player has on an NHL roster. The Old plans, covering players from 1986 to 2012, are more complicated. It takes into account where the player played, their tax residency status at different times, and other factors. Schilkey will help make sense of these plans for clients,
"We are thrilled to have Schilks join our team," Kroll added. "As Financial Advisors for NHL Hockey Players, we aim to create an environment similar to a locker room—full of accountability and care for our clients' financial well-being. Nick's background and dedication align perfectly with this vision."
For more information on how NHL players bridge the income gap until pension starts, create diversified low-cost investment portfolios, reduce lifetime tax bills, and manage cross-border currency exchange, visit the company's website.
To further support players, the company offers several educational resources, like podcasts, webinars, and pension education. These tools help clients make smart financial decisions and prepare for life after hockey.
The firm's commitment to its clients is also shown through their free consultations, which help retired NHL players understand their retirement benefits. This free service highlights the company's dedication to offering personalized advice and strategic insights, aiming to optimize retirement accounts for solid financial stability.
Nick Schilkey's addition to the team underscores Hockey Wealth Group's ongoing efforts to enhance their services. By offering specialized guidance through the complex landscape of NHL pension plans, Schilkey will help players secure their financial futures. For more information on services offered, and NHL pension options, visit the company's website.
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For more information about Hockey Wealth Group, contact the company here:
Hockey Wealth Group
Tyson Strachan
854-444-0445
info@hockeywealth.com
235 Magrath Darby Boulevard
Suite 150 Mount Pleasant, SC 29464
