Wealth Management

Jack Newman

Principal
Senior Wealth Advisor
Industry Start

1994

Education

University of Illinois - Chicago, BA

As a Principal and Senior Wealth Advisor at Kovitz with 30+ years of expertise, Jack specializes in managing the wealth of NBA athletes and high-net-worth families to ensure long-term success.

Jack’s unique background as a top racquetball player in the 80s and 90s, and his induction into the Illinois Racquetball Hall of Fame in 2016, provides him with a distinctive perspective when advising his clients. He understands what it takes to be an athlete, has specialized knowledge of compensation structures, and recognizes the earning power over the short term that can be leveraged for long-term financial stability. Over the years, he has also cultivated a robust network within the sports industry.

He joined Kovitz in 2023, following the acquisition of Newman Schimel, a firm he co-founded in 2007. Jack’s goal is to help professional athletes and high-net-worth families optimize their financial strategies for lasting success.