“Jane claimed that Mazenter had essentially gone rogue, pushing her out and hiding information, all while billing the trust for millions of dollars in fees.”

The Journal. · The $275 Million Margaritaville Drama

Play from 18:31
18:31

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What was described

Billed the trust for “millions of dollars” in fees while managing the assets

millions of dollars in fees

Said nearby on the same subject

“I get a 20% carry on what I raised and I don’t take the 2% management fee, which saves over a million dollars a year.”
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Dan Fleischman
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Business model $56 M raised across 18 companies, 20% carry, 2% fee avoided (~$1 M/yr … Share this moment
“We took this from you. Six billion dollars in assets under management ... to around 146 billion dollars 20 years later.”
HL
Hamilton Lane
The Compound and Friends ·
Hard number $6 B → $146 B over 20 years Share this moment
“We manage multi-asset portfolios… strategic asset allocation of 30% currency hedged… based on a view that the Australian dollar is probably about fair value”
♫
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Why it worked 30% allocation Share this moment
“The will can establish a trust, a testamentary trust, and it holds those assets for that beneficiary... income from assets... can qualify as accepted income for minors, taxed at normal adult rates”
PB
Paul Benson Guidance Financial Services
Financial Autonomy ·
Why it worked Share this moment

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