Remove Distribution Remove Fiduciary Duty Remove Math
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Transcript: Ilana Weinstein

The Big Picture

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. WEINSTEIN: We love diversity.

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How to CRACK the secret costs in an insurance illustration

Sara Grillo

Quick math: If you have $1.828 million in the bank. It’s impossible to figure out from the illustration – it can only be determined based upon this supplemental report that is usually not asked for by the fiduciary financial advisor or the client. And , you have to do the math by hand. There is an admin charge of about $49k.

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Transcript: Gretchen Morgenson

The Big Picture

It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. How has the distribution of wealth shifted in the United States and what might come out of that going forward? Some of these, the Blackstone BREIT is a perfect example of that.

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