Scott Aboukir

speaker
493 appearances 1 recordings 1 series first heard Jul 2026 last heard 17 Jul

Scott Aboukir’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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It obviously depends.
But yeah, it's big.
And that compounds.
I mean, that's $20 to $30 million less than you have going forward.
You laid it out pretty well.
I mean, it really varies.
If you go down to the investment level, there's a wide range of treatment.
But that's what we've experienced.
and spend a lot of time.
It sounds simple, but that's a lot of work just to generate those kind of numbers.
That's the weighted average of what we've experienced.
I hate to pick on any one thing, but since you mentioned it, I mean, I think private credit.
For a lot of families, for the general taxable pool of capital, we think in most periods, if you look at just like what you could get from municipal bonds or something and the tax equivalent yield, in private credit, you're getting a lot of extra risk, illiquidity for not much after tax yield.
And so I think that goes back to the incentives, though.
I think it's really hard for
us to show like okay munis were yielding three four or five percent private credit was doing double digits
You know, just like showing that we were actually generating the equivalent kind of after tax.
That's a good point.
I forgot to mention earlier about going back to like just the challenges of after tax.
I mean, that management fee thing is a sort of what, eight or nine years ago that that became law.
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