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Old 11-08-2009, 12:26 AM   #1
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Confused Back from bankruptcy, Willie Aames wants to be your financial planner

In our last episode of “Willie Aames Confidential,” the onetime star of TV’s “Eight Is Enough” and “Charles in Charge” was holding a yard sale in front of his foreclosed home in Olathe. Eight months have passed since then, and the 49-year-old Aames has since begun an extreme makeover — not of his house, but of his life.

He’s training to be a financial adviser.

That’s right. Aames, who has filed for bankruptcy twice since 1997 and was selling his possessions in March just to make ends meet, has stabilized his finances and is well on his way toward learning this new profession. He hopes his story will inspire others who find themselves in similar straits.

“As of Dec. 12, I had no wife, no family, no car, no computer, no home, no electricity, no gas and no way to obtain any of it,” Aames said this week. “How do you start over from scratch? I didn’t know. But I thought that if I made it, maybe, just maybe, it would be helpful to some people.”

No less than Thomas W. Butch, the president of Waddell & Reed Inc., and the VH1 cable channel — which is airing a one-hour special on Aames tonight — took an interest in the former actor after he hit bottom. Aames has responded by passing the Series 7 and Life & Health examinations, two of the three tests required to qualify as a financial adviser.

Not unlike a contestant on the weight-loss program “The Biggest Loser” who decides to become a fitness trainer, Aames could find himself hanging out a shingle as a financial adviser with Waddell & Reed by 2010.

“He will still have to do what all of our advisers do — become adept at financial planning, at knowing our products and understanding how to ascertain products that are best for clients, marketing himself and acquiring a client base,” Butch said in an interview. “I think he will have the capacity to do that very, very well.”

Tonight America will see how far the longtime Johnson County resident has climbed out of his personal and financial pit when “Broke and Famous” airs at 9 p.m. on VH1. The special, hosted by Sarano Kelley, a financial literacy advocate and corporate trainer based in California, chronicles Aames’ rapid turnaround from a negative bank balance, estrangement from family members and near-homelessness to charting a new course for himself and repairing personal ties, especially with his 18-year-old daughter, Harleigh.

Much of the program, which began taping in March, has a reality-show air to it. It opens with a heated exchange between Aames and Kelley over some questionable decisions Aames had made in recent years, such as getting $3,000 worth of tattoos. “Do you realize that all your investments are on the outside?” Kelley tells Aames. “It’s stupid.”

Up until that point, said Aames, the program was proceeding as he’d expected. And then: “I was sitting there, literally face-to-face with Sarano Kelley, when one of the producers said, ‘You’re on the radio in 10 minutes.’ I said, ‘For what?’ ‘We’re throwing a garage sale.’ ”

Aames immediately balked.

“I’ve done a lot to stay out of the public eye since last November,” he said. That was when news reports surfaced that he had attempted suicide, reports Aames called “overblown.” Within minutes of announcing his garage sale, hundreds of people had gathered outside his home.

http://www.kansascity.com/1032/story/1550215.html
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Old 11-08-2009, 01:58 AM   #2
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Eek

No offense, Willie - but I think I'll pass.
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Old 11-08-2009, 02:02 AM   #3
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What's next? Gary Coleman teaching anger management?
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Old 11-08-2009, 02:04 AM   #4
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What's next? Gary Coleman teaching anger management?
Now there's a scary thought.
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Old 11-08-2009, 03:36 PM   #5
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What's next? Gary Coleman teaching anger management?
Or Darryl Strawberry as posterboy for Partnership for a Drug-Free America!!
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Old 11-08-2009, 03:49 PM   #6
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No offense, Willie - but I think I'll pass.
I was thinking the same thing as I read the article. I don't want broke people watching my money. I hope it works out for him though. It's a real shame he's broke. He's been acting since he was 9.
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Old 11-08-2009, 03:58 PM   #7
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I just saw an interview last wk that Willie did with Matt Lauer. Even though he said that someone who has been through the wringer financially would be able to help others avoid the same fate, I don't think that will win people over to use him.

Poor guy -he's really been through A LOT - but what I hope for him is that he goes back to acting. He is a fine actor - and maybe be able to make some $ by public speaking &/or being a motivational speaker. I'm rooting for him!!!
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Old 11-08-2009, 04:04 PM   #8
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I just saw an interview last wk that Willie did with Matt Lauer. Even though he said that someone who has been through the wringer financially would be able to help others avoid the same fate, I don't think that will win people over to use him.

Poor guy -he's really been through A LOT - but what I hope for him is that he goes back to acting. He is a fine actor - and maybe be able to make some $ by public speaking &/or being a motivational speaker. I'm rooting for him!!!
That would be interesting - I think a lot of people would come to hear him speak. I would - I just don't think I'd trust him handling my finances!!
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Old 05-21-2010, 01:37 AM   #9
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I just found this clip from the Today Show from back in March:

http://today.msnbc.msn.com/id/261848...12722#33652759
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Old 05-21-2010, 10:56 AM   #10
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wow - i really like him as an actor and hope he actually gets some work, but I don't know if I'd trust him with anyone else's money.

...not a lot of return on cocaine futures.
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Old 05-21-2010, 11:52 AM   #11
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^ OUCH.
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Old 05-31-2010, 12:58 PM   #12
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Or Darryl Strawberry as posterboy for Partnership for a Drug-Free America!!

Actually Monika, I worked with Darryl on Celeb Apprentice. He seems to be doing much better. He told me he is back in church in Missouri and is doing great with his wife. He was a member of my church for a while back in 2000 when I lived in Tampa. He seems to have turned himself around. However, he does need to put the cigarettes down though. LOL.
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Old 05-31-2010, 11:28 PM   #13
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Actually Monika, I worked with Darryl on Celeb Apprentice. He seems to be doing much better. He told me he is back in church in Missouri and is doing great with his wife. He was a member of my church for a while back in 2000 when I lived in Tampa. He seems to have turned himself around. However, he does need to put the cigarettes down though. LOL.
Well, that's good news. Too bad his uncle (Dwight "Doc" Gooden) has had recent brushes with the law - again.
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Old 05-31-2010, 11:47 PM   #14
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I wouldn't mind Willie handling my finances as long as he kept my bank account at eight figures. After all eight is enough!
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Old 06-17-2010, 03:42 PM   #15
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I think Willy's calling is really for acting and/or motivational speaking & I think that's where he's likely to bounce back. As much as I like him, I wouldn't be too keen on him handling my $.
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