Re:I Stop Celebrities from Blowing Their Money
by nixgeek on Friday June 22, 2018 @12:56AM
(#17371438)
I presume it’s their income, or assets under management. Pretty sweet deal if so compared to the 2-and-20 a lot of investment managers make.
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Re:I Stop Celebrities from Blowing Their Money
by wrich5011 on Friday June 22, 2018 @02:38AM
(#17371900)
2 and 20 is what premier hedge funds make (many charge less nowadays). 1% is a standard financial advisor fee.
Re:I Stop Celebrities from Blowing Their Money
by JumpCrisscross on Friday June 22, 2018 @04:13AM
(#17372343)
> 2 and 20 is what premier hedge funds make (many charge less nowadays). 1% is a standard financial advisor fee.
Hedge fund managers and financial advisors meet with their LPs/clients from time to time. They don’t “get all of [their] clients’ mail — bills, fan mail, business-related mail, everything” nor “oversee payments for their mortgages, phone, rent, utilities, and all the little things that keep their lives going and the lights on.”