241. Should You Use Third Party Admins For Your Fund?

🔥Make sure you grab tickets to Fund Launch Live 2022 ($150 Off)🔥  Get your tickets here: https://www.fundlaunchlive.com/2022  A question that I get a lot from my students is "should I have a third party admin for my fund?"   Well, if we were having this discussion in the pre-Bernie Madoff days, most fund managers would say no, it's okay to do all of your numbers in-house   However, after Bernie Madoff stole billions from his investors over multiple decades, most fund managers (and investors) would say yes, you should definitely have a third party admin set up for your fund   This being said, there are still a few exceptions where it's acceptable to not have a third party admin   We will be talking about this and much more in today's episode   Enjoy🔥