What Creatives Need to Know About Democratized Private Equity: the recent trend of democratizing access to private equity might seem like a dream come true, offering investors with $1 million to $30 million dollar portfolios a chance to invest alongside ultra high-net-worth individuals and institutional investors. However, beneath the surface lies a complex web of risks and challenges that could jeopardize your financial stability. This blog post is written to educate our creative community about the potential pitfalls of private equity and private credit.
Why it matters to you Most of us expect our doctors, lawyers and financial advisors to place our interests first when giving us advice. Wall Street marketers understand this well, which is why the banks have worked hard to blur the distinctions between registered representatives who sell products for broker-dealers and investment advisor representatives who provide planning and advice. Dual-registered advisors now make up almost 8 out 10 individuals holding themselves out as fiduciaries 1...
