E24: The Long Story Part 2 - Interview with Larry Powell of LP Institutional, Inc.

Summary

In this conversation, Larry Powell shares his insights on evaluating investment managers, emphasizing the importance of maintaining control over assets, understanding the differences between managed accounts and commingled funds, and the necessity of thorough due diligence. He discusses the evolution of investment platforms, the significance of a manager's location, and the value of geographic diversification in investment strategies. Larry stresses that investors should not solely rely on consultants but should conduct their own research to mitigate risks, especially in the context of potential fraud.

Sponsored by:
Real Advisers, Austin, Texas

Special thanks to:

Larry Powell: https://www.linkedin.com/in/lrpowell

Grable Martin PLLC 

Red Sun Creative, Austin, Texas

For more information: AltInvestingMadeEasy.com

Please contact us: [e-mail]

Roland Wiederanders: [e-mail] 

Sarah Florer: [e-mail]

Takeaways

• Do not give up control of your assets.
• Managed accounts provide better transparency and control.
• The risk of fraud is significantly lower with managed accounts.
• Investors should conduct their own due diligence.
• Location of fund managers can indicate their priorities.
• Ongoing due diligence is crucial for hedge fund investments.
• Geographic diversification helps avoid redundant investment philosophies.
• Investors should verify information rather than trust blindly.
• Understanding the long story of a manager is essential.
• The evolution of investment platforms reflects investor demand.

Chapters

00:00 Understanding Managed Accounts vs. Commingled Funds

08:19 The Evolution of Investment Platforms

10:15 The Importance of Location for Fund Managers

23:04 The Necessity of Due Diligence

35:21 The Value of Geographic Diversification

Disclaimer: “This production is for educational purposes only and is not intended as investment or legal advice.”

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Creators and Guests

Host

Roland Wiederaenders

Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate securities attorney with expertise in private investment funds, corporate/securities issues, mergers and acquisitions, partnership structuring, and federal income tax matters. Roland is also a member of Grable Martin PLLC.

Host

Sarah Florer

Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate attorney with expertise in corporate finance and securities, structuring and restructuring, and commercial matters. Sarah is also a member of Grable Martin PLLC.

Producer

Anthony Carrano

Co-founder of the Alt Investing Made Easy podcast, fractional Chief Marketing Officer, entrepreneur, and Managing Partner at Dunamis Marketing.

What is Alt Investing Made Easy?

Join attorneys Sarah Florer and Roland Roland Wiederaenders as they navigate through the maze of market jargon and reveal the secrets of diversifying your portfolio. Whether you're a seasoned investor or taking your first step toward financial freedom, we empower you with the knowledge and insights you need to thrive in the dynamic landscape of alternative assets. Get ready to transform how you invest, inspiring a new way of thinking about your finances, and discover how to make your money work harder. Dive in with us, and let's make investing in alternative assets easy, giving you the confidence to navigate the financial landscape, one episode at a time.