Remove high-net-worth irs-needs-billions-make-trillions
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Transcript: Jenny Johnson, Franklin Templeton

The Big Picture

Just an incredible, insightful conversation about how to build a company, how to grow through acquisitions, how to make sure everybody on your team understands their role, is appreciated, and is acting and performing at the highest levels. JOHNSON: Yes, except that we do have a fiduciary trust, which is a high net worth business.

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Transcript: Anat Admati

The Big Picture

It turns out their business model is a little similar to the way the banking industry has managed to capture a lot of regulators and continue to operate fairly freely without this sort of regulation and capital requirements and equity requirements that would make banking safer. But –and netting of derivatives and all of that.

Banking 195
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Transcript: Kathleen McCarthy

The Big Picture

She and her team manages over $565 billion in real estate assets. My mom was a high school science teacher in our public high school, and my dad worked for a cosmetics company, Avon Products, you know, like the Avon ladies. Kathleen McCarthy is the global co-head of real estate for private equity giant Blackstone.

Assets 152