TIAA Named Official Retirement Financial Planning Partner for NBA’s Charlotte Hornets

“We are thrilled to partner with TIAA and have them as our official retirement financial planning partner,” said Hornets Sports & Entertainment. President & Vice-president Fred Whitfield. “The culture and values ​​of our two organizations are highly aligned. Like us, TIAA is committed to serving others within our community and leading initiatives that create both upward mobility and lasting change.”

For more than 100 years, TIAA has helped clients prepare for retirement and a secure financial future. With this new four-year partnership, the company will reach a passionate new audience to help even more people secure their retirement income.

TIAA will also serve as the supporting partner of the team’s advocacy and action arm, social justice platform Hornets Sports & Entertainment, teaming up to make the local community a more equitable and safe place to work and live. more just. The partnership will provide even more opportunities for CharlotteTIAA associates based on being the change in their community.

About Hornets Sports & Entertainment

Hornets Sports & Entertainment owns the Charlotte Hornets, Greensboro Swarm and Hornets Venom GT, and operates Charlotte’s Center of the spectrum. The Charlotte Hornets are part of the Southeast Division of the NBA. Belonging to NBA legend Michael Jordan, the Hornets organization strives to deliver a relentless offense on the pitch, an unparalleled experience in the stands and a positive impact throughout the community. The name of the city’s original NBA team from 1988 to 2002, the Hornets nickname reverted to Charlotte in May 2014, bringing together the rich history of NBA basketball in the Carolinas. The Greensboro Swarm is the NBA G League affiliate of the Charlotte Hornets and plays at the Fieldhouse at the Greensboro Coliseum Complex. Hornets Venom GT is the affiliate of the organization’s esports team that joined the NBA 2K League in 2020. Spectrum Center is the premier destination for sports and entertainment in the Carolinas, hosting more than 150 sporting events, concerts and family shows each year. For more information, please visit hornets.com, gsoswarm.com, HornetsVenomGT.com or centreduspectrecharlotte.com.

About TIAA

TIAA is a leading provider of secure retirement and results-driven investment solutions for millions of people and thousands of institutions. It is the premier not-for-profit provider in the retirement market1paid more than $3.6 billion to retired customers in 2020 and has nearly $1.4 trillion assets under management (as of 12/31/2021)2.

1 From December 31, 2020. Based on data from PLANSPONSOR’s 403(b) Market Research, published in August 2021.
2 From December 31, 2021 the assets under management of the subsidiaries of Nuveen Investments and the investment management teams of TIAA are $1.375 billion.

TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Annuity contracts and certificates are issued by the Teachers Insurance and Annuity Association of America (TIAA) and the College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial situation and contractual obligations.

©2022 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017

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SOURCE TIAA