Our Team

Leadership & Credentials

Andrew McConnell

IRS-Authorized Enrolled Agent | Licensed Insurance Professional | MBA

NIL Wealth Strategies was founded by Andrew McConnell, a former Division I collegiate athlete and IRS-authorized Enrolled Agent (EA) with a Master's degree in Business Administration. As an Enrolled Agent, Andrew is federally authorized to represent taxpayers and help individuals and families navigate tax rules, compliance, and long-term financial decision-making.

In addition, Andrew is licensed in Life & Health and Property & Casualty insurance, bringing a risk-aware approach to financial education — helping families understand how income, taxes, liability, and timing work together so decisions are made with clarity and confidence.

Background

My Story — Why I Built NIL Wealth Strategies

NIL Wealth Strategies was built from lived experience — not theory.

As a Division I athlete, I've experienced firsthand how quickly life can change. I went through two ACL surgeries back-to-back, along with a serious groin injury that also required surgery. Those seasons taught me lessons that most people never see until they're forced to live through it: recovery affects everything — your body, your schedule, your mental health, your family, and your finances.

Even with health insurance, the real pressure often comes from the "hidden side" of injuries — travel, rehab, time away from school or work, out-of-pocket expenses, and the uncertainty of how long recovery will really take. I realized that families are often doing their best, but they're not always protected from the full impact.

But injuries were only part of what opened my eyes.

While playing college basketball, I saw something even bigger happening across the athlete community — money would come in fast, sometimes life-changing amounts, and yet the knowledge to manage it properly was missing. Not because athletes are irresponsible or don't care — but because most athletes were never taught what they actually needed to know.

Nobody teaches you taxes. Nobody explains 1099-NEC income, estimated payments, write-offs, audit risk, or how quickly money can disappear once taxes hit. Nobody teaches you how to build stability first — how to protect your income, plan ahead, and make decisions with structure.

Athletes are expected to figure out adult-level financial responsibility, while still being students, training full-time, traveling nonstop, and carrying performance pressure. And most of the systems that should've helped don't.

Schools don't teach it. Most programs don't teach it. Even when banks or companies offer "financial literacy," it's usually surface-level — not the real-life guidance athletes actually need when they're dealing with NIL income, scholarships, sponsorships, taxes, and major life decisions at 18 to 22 years old.

That gap is why I built NIL Wealth Strategies.

I became an IRS-authorized Enrolled Agent (EA) because I wanted the ability to guide families through tax rules, compliance, and long-term decision-making with real authority and real accuracy — not opinions. I also became licensed in Life & Health and Property & Casualty insurance because I understand that risk protection is part of wealth — it's not separate from it.

NIL Wealth Strategies exists to provide what most athletes should've received from the beginning:

  • education that actually applies to real life
  • guidance that protects families from avoidable financial mistakes
  • protection that keeps injuries or setbacks from turning into financial damage
  • and a structured approach to making decisions with confidence

This company is built for the athlete community, but it is designed to serve the entire family — because when a young athlete succeeds, the family needs stability, protection, and clear guidance behind them.

At NIL Wealth, the approach is simple: education before action.

Because when people understand how money, taxes, and risk work together — they stop guessing. They stop reacting. And they start building with purpose.

Ready to get started?

Contact us to learn more about how NIL Wealth Strategies can support your financial education and planning needs.

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