Wayne Chrebet Has the Answers to Your Financial Questions

Former Jet is now a financial adviser in New Jersey

By JOSH ALPER
Updated 11:00 AM EST, Thu, May 28, 2009

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Now that Lenny Dykstra's career as a financial whiz kid has been revealed to be based on little more than Dykstra's own claims of being a financial whiz kid, what former athlete will American investors be able to trust with their money? Morgan Stanley is betting on former Jets receiver Wayne Chrebet.

Chrebet is working at the Moldaver Group, a wealth-management team operating out of the company's offices in Red Bank, New Jersey. He's done six months of training and passed all of his tests to become a financial adviser, according to Bloomberg News.

"Ever since I made my first dollar I made it a point of learning about the market, learning where my investments are," Chrebet said. "I’ve always helped out the younger guys through my career and some of the other players who weren’t as knowledgeable and took pride in that."

One imagines that Chrebet's portfolio is long on penny stocks from Long Island-based companies that have been overlooked because of high performing corporations in more traditional centers of industry. It is unknown whether or not Keyshawn Johnson will be putting any of his money into Chrebet's Flashlight Fund, but we'll guess that he isn't.

In more seriousness, if you do invest with Chrebet you can be pretty sure that he'll work his tail off to make sure you see a return on your money. We're a bit put off by the nine concussions that brought his first career to a premature end -- Jim Cramer's incessant yelling could send the healthiest brain into convulsions -- but Chrebet certainly has Dykstra's number when it comes to reasonable men to trust.

Of course, you could choose to invest with people whose background isn't in professional sports, but look where that got the economy.

Josh Alper is a writer living in New York City and is a contributor to FanHouse.com and ProFootballTalk.com in addition to his duties for NBCNewYork.com.

First Published: May 28, 2009 9:39 AM EST

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