Apparently, something happens when you get famous…the things that tether you down to earth, such as rational thought and common sense, evaporate into the aether.
Yesterday, Kenneth Starr, money manager for Sly Stallone, Annie Leibovitz, Jacob the Jeweler, Uma Thurman, Martin Scorsese and Wesley Snipes, was arrested for a ponzi scheme. In light of this news and in remembrance of similar scams gone by (Dana Giachetto, Bernie Madoff, etc), I thought I’d offer the following free advice to the Hollywood set when working with an advisor…
1. Anyone who refers to himself as a “Financier” is full of sh*t.
2. Your financial advisor is not supposed to play polo or wear designer sunglasses, nor should he ever have a popped up collar under any circumstances. He must never wear shoes without socks or wear a watch with a diamond bezel.
3. In truth, if an advisor or money manager’s opening shpiel is about all of the other famous people he works with, this should not make you feel comfortable. Its actually a giant red flag indicating that you are dealing with a starf*&%er and a social climber who is more concerned with himself than you.
4. Even your brother-in-law will rob you if you give up power of attorney. Go ask Billy Joel. Uma Thurman signed over Power of Attorney so that Ken Starr would do her taxes. That’s funny, my CPA never seemed to need signatory authority over my bank account to prepare my tax forms…hmmm.
5. Custody of assets is all you need to know. If your money guy needs to set up extraneous accounts in both your name and his, its a scam. If he asks you to transfer money into a financial institution that you haven’t seen advertise during The Masters, its a scam. If he tells you not to worry about receiving statements because he’s “taking care of everything”, its a scam. You get the idea.
6. Most important: Your financial guy is NOT supposed to party with you. He shouldn’t be at the same nightclub as you buying bottles, nor should he have a copy of Variety in his waiting area. The financial advisor is the guy you apologize to when you sleep through an appointment with him, hung over from an all-night rager. He’s not supposed to be there with you at the club, holding your hair while you vomit up Veuve Cliquot and Red Bull.
7. Almost forgot, young stars and starlets… if the advisor has a nicer home than you or your initial consultation takes place on his yacht – run, Forrest, run.
دوربین
right here are some hyperlinks to net internet pages that we hyperlink to because we really feel they’re really value checking out
Free Shipping
[…]The data talked about in the report are a few of the most effective out there […]
Borrelen
[…]we came across a cool web site that you just may well delight in. Take a look in the event you want[…]
free download for windows 10
[…]just beneath, are quite a few totally not connected websites to ours, nonetheless, they may be surely really worth going over[…]
مه پاش
If you are heading for most exceptional contents like myself, just go to see this web site each day because it presents function contents, many thanks
Fashion
[…]Wonderful story, reckoned we could combine several unrelated information, nonetheless really worth taking a search, whoa did one discover about Mid East has got extra problerms also […]
free download apk for windows
[…]The info mentioned in the post are some of the ideal out there […]
therapist website design
[…]here are some hyperlinks to websites that we link to mainly because we believe they are worth visiting[…]
mini swan wand vibrator review
[…]Here is a good Weblog You may Locate Fascinating that we Encourage You[…]
مه پاش
I was curious if you at any time imagined of altering the format of your website? Its very properly prepared I enjoy what youve obtained to say. But maybe you could a minor a lot more in the way of content so folks could link with it much better. Youve…
bozhestvennyj prazdnik segodnja
[…]please visit the sites we follow, like this one, as it represents our picks through the web[…]
easy beauty tips at home
[…]please take a look at the web sites we stick to, such as this one particular, because it represents our picks through the web[…]
خرید کولر صنعتی
Hiya! Fast question that is entirely off matter. Do you know how to make your website cell friendly? My site looks weird when viewing from my apple iphone. I’m striving to uncover a topic or plugin that might be capable to proper this problem. If you h…
تبلیغ در گوگل ادوردز
despite the fact that websites we backlink to under are noticeably not connected to ours, we really feel they are really really well worth a go by way of, so have a search
how to become a clinical research associate
[…]that is the finish of this write-up. Right here youll find some web sites that we think you will enjoy, just click the links over[…]