Episode 11: Considerations for Funds in a World of Bank Runs
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Unfortunately, we have occasion for a topical episode today given all the news about bank failures and bank runs over the last week. In today’s episode we discuss a handful of front of mind considerations for fund managers navigating a world in which bank runs seem more plausible.
Key Points From This Episode:
- Diversify banking relationships.
- Stay informed.
- Do not commingle assets.
- Beware of scams.
- Plan for funding interruptions.
- Seek advice of legal counsel.
Disclaimer:
This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/
Links Mentioned in Today’s Episode:
Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/
Cole-Frieman & Mallon LLP - https://colefrieman.com/
Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg
For any questions or comments, email: tow@colefrieman.com
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