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Churning in Action

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Churning in Action

The wheels in Myron's head were constantly spinning. If he were running a hedge fund and were able to charge the typical 2/20 fees, he'd have made a small fortune managing Bubbie's money during these first three months.

Check out the fee results based on the first three months of being "live" in Bubbie's account:

Fees charged in Bubbie's Wrap AccountFees charged in a hypothetical hedge fund accountCarry charged in a hypothetical hedge fund account with profits
$10M with 1% annual wrap fee $10M...

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