{"id":319983,"date":"2026-05-17T12:47:28","date_gmt":"2026-05-17T12:47:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/319983\/"},"modified":"2026-05-17T12:47:28","modified_gmt":"2026-05-17T12:47:28","slug":"would-you-trust-former-dodger-ross-stripling-to-manage-your-money","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/319983\/","title":{"rendered":"Would you trust former Dodger Ross Stripling to manage your money?"},"content":{"rendered":"\n

For Ross Stripling<\/a>, baseball was something of an accidental career.<\/p>\n

He walked onto the team at Texas A&M, majoring in business finance, planning to stick around campus long enough to earn a master\u2019s degree<\/a>. After his junior year, he turned down a six-figure bonus offered by the Colorado Rockies. After his senior year, he accepted a six-figure bonus to sign with the Dodgers<\/a>, only to blow out his elbow after one season in the minor leagues.<\/p>\n

He was 24. He was at peace. He called home.<\/p>\n

\u201cI think the right thing to do is to say I did this baseball thing and go start my life,\u201d he told his father.<\/p>\n

If you\u2019re a Dodgers<\/a> fan, you know the rest of his baseball story: In his major league debut, Stripling was five outs from a no-hitter<\/a> when Dodgers manager Dave Roberts yanked him. In his nine years in the major leagues, including five with the Dodgers, he pitched in the All-Star Game and the World Series, and he once pitched with his \u201cChicken Strip\u201d nickname on the back of his game jersey<\/a>.<\/p>\n

His father knew best. Instead of giving up on baseball when he needed Tommy John surgery, his father encouraged Stripling to use the yearlong rehabilitation process as a way to explore what a future without baseball might look like. His grandfather set him up with an internship at an investment firm.<\/p>\n

Five years ago, Stripling and his mentor from that firm founded their own financial services company, called Skyward Financial. Now, 21 months after Stripling threw his last pitch in the major leagues, he is throwing a new one: Hey, young athletes coming into a lot of money, I\u2019ve lived in that world, and I\u2019ll show you how to protect your money and build toward generational wealth.<\/p>\n

\u201cIt\u2019s not me trying to become the next Wolf of Wall Street<\/a>,\u201d Stripling said. \u201cThis is genuine. I want to help kids and their families out in a space that has gotten out of hand in a hurry.\u201d<\/p>\n

Matthew Houston, the mentor, said Stripling blew away the brokers when he interviewed for that internship.<\/p>\n

\u201cHe brings with him, like, a two-inch folder stuffed with handwritten stock reports he had written on minor league bus trips,\u201d Houston said. \u201cHe handed us a couple of them, and they were legit Wall Street reports, him doing analysis of stocks. We were falling out of our chair.\u201d<\/p>\n

Stripling soon earned his broker\u2019s license. Over the past decade, Houston estimated, he and Stripling might have traded messages about markets and clients \u201c25 to 50 times a day.\u201d One night, Houston watched Stripling pitch on television. Not long after the game ended, he heard the ping of a text message.<\/p>\n

\u201cI had just seen him on TV, and it\u2019s like, \u2018What do you think about Celgene and Gilead in the biotech sector?\u2019\u201d Houston said. \u201cMy mind was blown.\u201d<\/p>\n

You don\u2019t need to have played in the major leagues to realize how much money athletes make. Major brokerages want a piece of that money. Some even use former athletes to recruit current ones.<\/p>\n

Marc Isenberg, the former director of financial education for Morgan Stanley\u2019s sports and entertainment group and author of the \u201cMoney Players\u201d<\/a> guide for young athletes, wished Stripling well but said he would face significant competition from firms with bigger names and greater resources.<\/p>\n

\u201cIt\u2019s oversaturated,\u201d Isenberg said. \u201cAlmost every single Wall Street firm, to compete for athletes and entertainers, has a sports and entertainment group.\u201d<\/p>\n

And it\u2019s not just the behemoths. Stripling checked with a basketball agent, who said he represents 24 college players that each have a different money manager.<\/p>\n

There is nothing revolutionary about Stripling\u2019s message: limit the flashy spending now in favor of prudent savings and investment, so you can grow your money through and beyond your career.<\/p>\n

Stripling believes he can win by concentrating on young athletes, the ones suddenly showered in six- or seven-figure payments from draft bonuses, college revenue sharing payments, and name, image and likeness deals.<\/p>\n

\u201cI\u2019ve seen the first-rounders come in and blow money on cars and houses and gambling,\u201d Stripling said, \u201cand I\u2019ve seen the first-rounders like (former Dodgers shortstop Corey) Seager, who probably hasn\u2019t spent a dime of his signing bonus.\u201d<\/p>\n

In a presentation for young athletes \u2014 and for the pro teams and college athletic departments that might invite him to speak \u2014 Stripling\u2019s firm uses his story of a baseball prospect that got a $900,000 up-front payment and spent the $500,000 after taxes on a red Lamborghini. If the prospect had invested that $500,000 over 30 years into a fund that tracked the S&P 500, he would have made $8.6 million.<\/p>\n

\u201cThat was the dumbest decision I\u2019ve ever seen anyone make,\u201d Stripling said.<\/p>\n

\u201cI have these stories from being in the locker room. I hope that, as a player, my story resonates more than a guy from Goldman Sachs saying, \u2018Yeah, we\u2019ve got a couple good ETFs<\/a>.\u2019\u201d<\/p>\n

Stripling would love the chance to speak at one of the Dodgers\u2019 morning meetings in spring training, where players hear briefings about everything from safety and security to social media.<\/p>\n

\u201cI\u2019d like to learn more about it, but I\u2019d be open to putting him in front of the guys,\u201d Roberts said. \u201cI definitely trust him.\u201d<\/p>\n

In the meantime, Stripling has a federal record. All brokers do. One form requires brokers to list their employers and job descriptions over the last 10 years. Among all the wealth strategists and financial advisors and registered representatives, Stripling\u2019s form is the one with the job history that starts with this line: \u201cLA Dodgers, Pitcher.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"For Ross Stripling, baseball was something of an accidental career. He walked onto the team at Texas A&M,…\n","protected":false},"author":2,"featured_media":319984,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[2135,133553,133464,133555,133554,426,133556,77570,115705,48,52,51,47,50,49,77128,133551,4446,4263,133550,133552],"class_list":["post-319983","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-baseball","tag-baseball-story","tag-broker","tag-college-player","tag-current-one","tag-dodgers","tag-former-athlete","tag-investment-firm","tag-junior-year","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news","tag-major-league-debut","tag-matthew-houston","tag-message","tag-money","tag-ross-stripling","tag-young-athlete"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/319983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=319983"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/319983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/319984"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=319983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=319983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=319983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}