2022 Trust Forum Presentations

HOW WE GOT HERE

1. Originally neither “pro” nor “anti”. 2. Took any account to get AUM. 3. Later: operational issues. 4. Later: risk and compliance issues. 5. Later: compensation issues. 6. Conclusion: unique assets are BAD.

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WHAT THE BEST DO

1 . Take unique assets seriously. 2. Administer them skillfully.

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