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241. Should You Use Third Party Admins For Your Fund?
Manage episode 319880454 series 2878940
🔥Make sure you grab tickets to Fund Launch Live 2022 ($150 Off)🔥 Get your tickets here: https://www.fundlaunchlive.com/2022
A question that I get a lot from my students is "should I have a third party admin for my fund?"
Well, if we were having this discussion in the pre-Bernie Madoff days, most fund managers would say no, it's okay to do all of your numbers in-house
However, after Bernie Madoff stole billions from his investors over multiple decades, most fund managers (and investors) would say yes, you should definitely have a third party admin set up for your fund
This being said, there are still a few exceptions where it's acceptable to not have a third party admin
We will be talking about this and much more in today's episode
Enjoy🔥
253 episodes
Manage episode 319880454 series 2878940
🔥Make sure you grab tickets to Fund Launch Live 2022 ($150 Off)🔥 Get your tickets here: https://www.fundlaunchlive.com/2022
A question that I get a lot from my students is "should I have a third party admin for my fund?"
Well, if we were having this discussion in the pre-Bernie Madoff days, most fund managers would say no, it's okay to do all of your numbers in-house
However, after Bernie Madoff stole billions from his investors over multiple decades, most fund managers (and investors) would say yes, you should definitely have a third party admin set up for your fund
This being said, there are still a few exceptions where it's acceptable to not have a third party admin
We will be talking about this and much more in today's episode
Enjoy🔥
253 episodes
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