A new MSN article titled “Powerball winners now face their toughest odds” discusses the challenges facing the three recent Powerball lottery winners. Pacifica Wealth Advisors is mentioned in the article: “Those stories underscore the necessity of shelling out for a financial adviser, or even a team of experts, to help keep winners from making poor…
Read MoreIn a Yahoo feature titled “What Everyone Who Wants To Win the Lottery Should Know,” Katie Couric interviews Robert Pagliarini about how to manage the financial and psychological issues facing lottery winners. Here is a short preview: “Financial expert and President of Pacifica Wealth Advisors, Robert Pagliarini, works to help people that have come into…
Read MoreA couple of weeks ago I was flown to NY to be on the Katie Couric show. Katie invited me to be on her show to discuss the financial and psychological sudden wealth effects of winning the lottery. While there is no shortage of windfall to broke stories, with proper guidance and motivation, those who…
Read MoreWhat should you do if you win the lottery? A few weeks ago I was invited to be on the Katie Couric show to discuss the financial and psychological sudden wealth effects of winning the lottery. You can read some of my financial advisor lottery tips titled “7 Tips if You Win Big” and I…
Read MoreI recently wrote a column for CBS Moneywatch titled “Why Athletes Go Broke” that discuss seven common issues that impede good financial and investment decisions for professional athletes when trying to manage their sudden wealth. The NFL Players Association is trying to educate their players and provide them with unbiased financial advice. At the helm…
Read MoreYou heard it here first! Powerball Powerball Powerball mania has hit California. There are few topics that get people interested and excited as much as the lottery. Even if you don’t play, the idea of receiving a life-changing windfall can be thrilling to imagine. And now it seems, at least for those in California, your…
Read MoreRobert Pagliarini, who has developed a national reputation for working with sudden wealth recipients–those who receive a windfall from inheritance, lottery, sports/entertainment contracts, business sale, divorce, stock options, or lawsuit–was interviewed by LearnVest. You can read an excerpt below: *********************************** The winner of the largest single-ticket jackpot has yet to step forward. The Powerball ticket, which…
Read MoreDear Florida Powerball lottery winner, congratulations on your win! You beat the odds (1 in 175.2 million) and have the distinct honor of being the largest single lottery winner in U.S. history. As someone who has developed a national reputation for working with sudden wealth recipients – or as a client recently remarked a “lottery…
Read MoreThere is a very interesting article in this week’s New Yorker magazine about Markus “Notch” Persson, his rise to fame as the creator of the Minecraft video game, and how he is handling his sudden wealth. Here’s one of his comments: “The money is a strange one,” he says. “I’m slowly getting used to it,…
Read MoreImagine this . . . your co-worker comes by your office and tells you everyone is putting in $20 to play this week’s big lottery. You think about it, but then consider your odds of winning and tell your colleague, “No thanks.” To your shock and amazement, the next day your co-workers win $1 million.…
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