Tokens of Wisdom

Dave Rothschild
  • 5.0 (20)
  • INVESTING

Do you love investing? Ever thought about turning that passion into a business? Listen up to learn to navigate the legal loopholes in forming, launching, and running a private investment fund, including considerations unique to digital asset/crypto funds. Dave Rothschild is a partner at Cole-Frieman & Mallon, one of the country's premier boutique investment management law firms with deep experience in traditional assets, as well as esoteric asset classes like digital assets. For questions or comments, email tow@colefrieman.com. Visit our website: https://colefrieman.com

  1. 1D AGO

    Episode 77: All the Wisdom from 2025

    Episode 77: All the Wisdom from 2025   It’s a ho-ho-holiday clip show! So many distinguished guests joined the show this year to share their wisdom. I figured, why not share some of their best advice in one EOY clip show extravaganza. If you’re listening to this – not watching – see timestamps below so you know who you’re listening to.   Key Points From This Episode:   4:22: Bert McCooey, Ascent (Fund Admin)  Full episode: https://www.youtube.com/watch?v=sNskOufkTE4&t=282s 5:11: Salman Ali, CBIZ (Auditor)  Full episode: https://www.youtube.com/watch?v=DOYfV7Y86tw&t=4s 6:41: Colleen Fay, Withum (Audit and Tax)  Full episode: https://www.youtube.com/watch?v=Q5Uxppd8dTA 7:31: Phil Graham, Harneys (BVI Counsel)  Full episode: https://www.youtube.com/watch?v=OEMxtK_Yl3A 9:41: Gautam Ganeshan, KMPG (Auditor)  Full episode: https://www.youtube.com/watch?v=wh34IZyb1Ok 11:38: Joe Brennan, Houlihan Capital (Valuation)  Full episode: https://www.youtube.com/watch?v=s8d_ryOckWI 12:16: Kevin Flasch & James Tallarico, Risk Strategies (Insurance)  Full episode: https://www.youtube.com/watch?v=BM_xLPC-q9Y 13:53: Harry Shillingford, Marex (Prime Broker)  Full episode: https://www.youtube.com/watch?v=Hmo3PIdxMH4 15:01: Patrick Colegrave, Forbes Hare (Cayman Counsel)  Full episode: https://www.youtube.com/watch?v=VZSVKiUUtbY 16:34: Darragh Murphy, Marfire (Director Services) Full episode: https://www.youtube.com/watch?v=5Y2ZFlpf8WE Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Cole-Frieman & Mallon LLP - https://colefrieman.com/ Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    19 min

  2. DEC 15

    Episode 76: SF Gross Receipts Tax with Kevin Leiske, Cole-Frieman & Mallon

    Episode 76: SF Gross Receipts Tax with Kevin Leiske, Cole-Frieman & Mallon   On the very first Intrasquad edition of Tokens of Wisdom, my partner Kevin Leiske joins the show to tell us about recent changes to San Francisco’s gross receipts tax. Spoiler alert: even if you are an investment manager with zero operations in SF, the City is trying to extract its pound of flesh from any SF-based LPs.    Key Points From This Episode:   What is a gross receipts tax? What is changing about SF’s gross receipts tax that might matter to asset managers?Does this apply to management fees and incentive allocations?How do I know if an investor is an SF resident?Will my tax preparers know to do this? Do we know how the city will enforce this?   Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Kevin Leiske - https://www.linkedin.com/in/kevin-leiske-2a717b4/   Cole-Frieman & Mallon LLP - https://colefrieman.com/ Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    20 min

  3. DEC 9

    Episode 75: Cayman Directors with Darragh Murphy, Marfire

    Episode 75: Cayman Directors with Darragh Murphy, Marfire   Darragh Murphy from Marfire joins me in the Tokens of Wisdom Studio to tell us all about the wonderful world of Cayman fund directors. From choosing the right director, to working with them once chosen, to navigating the complexities across a fund’s lifecycle, Darragh shares the wisdom.    Key Points From This Episode:   What is the role of an independent director in the Cayman funds space? Does engaging an independent director mean I am losing control of my fund? Does my Cayman fund always need an independent director? How do you approach conflicts of interest in your role? What’s your role in AML and KYC compliance? How do you handle situations when a fund is in distress?How should I choose the right director? What’s the smartest thing a new fund manager can do?   Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Darragh Murphy - https://www.linkedin.com/in/darragh-murphy-cta/   Cole-Frieman & Mallon LLP - https://colefrieman.com/ Marfire - https://www.marfire.co/    Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    43 min

  4. NOV 25

    Episode 74: Cayman Funds with Patrick Colegrave, Forbes Hare

    Episode 74: Cayman Funds with Patrick Colegrave, Forbes Hare   Patrick Colegrave joins me in the Tokens of Wisdom Studio to discuss all things Cayman funds. From local regulatory requirements to investor expectations to setup costs, Patrick covers the ins and outs of Cayman fund formation.    Key Points From This Episode:   Why should I choose Cayman over BVI (or should I?)?Does my Cayman fund always need to register with CIMA?What does the formation process cost/involve?What are the most common entity types for Cayman fund vehicles?Is there a specific type of entity that works best for specific types of fund?Local regulatory requirements for a Cayman fund.How should I choose the right offshore counsel?  Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Patrick Colegrave - https://www.linkedin.com/in/patrickcolegrave/   Cole-Frieman & Mallon LLP - https://colefrieman.com/ Forbes Hare - https://forbeshare.com/   Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    39 min

  5. NOV 13

    Episode 73: Prime Brokerage with Harry Shillingford, Marex

    Episode 73: Prime Brokerage with Harry Shillingford, Marex   My old pal Harry Shillingford from Marex joins me in the Tokens of Wisdom Studio to talk about the intricacies of prime brokerage. We delve into scintillating topics like “what does a prime broker actually do?” (answer: a lot) and “should I draw fund inspiration from Field of Dreams?” (answer: no). Harry also shares some serious wisdom on budgeting and choosing the right broker.    Key Points From This Episode:   Difference between an introducing broker and a prime broker.What kinds of services do PBs provide?What’s involved in cap intro? What’s involved in outsourced trading?When might I think about engaging an outsourced trader?How do I choose the right broker for my fund?    Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Harry Shillingford - https://www.linkedin.com/in/harry-shillingford-527745b/  Cole-Frieman & Mallon LLP - https://colefrieman.com/ Marex - https://www.marex.com/  Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    35 min

  6. OCT 24

    Episode 72 - The Main Event

    A special episode that has nothing to do with funds or law and everything to do with baseball glory.

    4 min

  7. OCT 15

    Episode 71: Fund Manager Insurance with James Tallarico and Kevin Flasch, Risk Strategies

    Episode 71: Fund Manager Insurance with James Tallarico and Kevin Flasch, Risk Strategies   Joining me in the Tokens of Wisdom Studio today are James Tallarico and Kevin Flasch from Risk Strategies to discuss the evolving landscape of insurance in the crypto space. They delve into the differences between insurance brokers and providers, the challenges faced in obtaining adequate coverage for crypto-related businesses, and the importance of tailored insurance policies. The conversation covers essential coverages for fund managers, the evaluation of insurance costs, and common mistakes made by new managers when purchasing insurance.    Key Points From This Episode:   Difference between an insurance brokerage and a provider.Insurance for the crypto space was historically inadequate.Risk Strategies created a proprietary GPL policy form for crypto.What are D&O and E&O?What other kinds of insurance should fund managers obtain?Insurance costs are influenced by assets under management (AUM).New fund managers often underinsure or misallocate costs.Understanding policy language is vital to avoid coverage gaps.  Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ James Tallarico - https://www.linkedin.com/in/james-tallarico-466290100/ Kevin Flasch - https://www.linkedin.com/in/kevin-flasch-749412339/ Cole-Frieman & Mallon LLP - https://colefrieman.com/ Risk Strategies - https://www.risk-strategies.com/ Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    34 min

  8. OCT 8

    Episode 70: The SEC Knows Action

    Episode 70: The SEC Knows Action   Last week we saw the SEC release not one but two No Action Letters that were each deeply positive for the crypto industry.   Tune in to today’s episode for a quick recap of each and a reminder of where we currently stand on the regulatory ladder.   Key Points From This Episode:   DoubleZero No Action Letter.Crypto custody No Action Letter.  Disclaimer:   This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us are sharing their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.   Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/   Links Mentioned in Today’s Episode:   Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/ Cole-Frieman & Mallon LLP - https://colefrieman.com/ Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg For any questions or comments, email: tow@colefrieman.com

    10 min
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5
out of 5
20 Ratings

About

Do you love investing? Ever thought about turning that passion into a business? Listen up to learn to navigate the legal loopholes in forming, launching, and running a private investment fund, including considerations unique to digital asset/crypto funds. Dave Rothschild is a partner at Cole-Frieman & Mallon, one of the country's premier boutique investment management law firms with deep experience in traditional assets, as well as esoteric asset classes like digital assets. For questions or comments, email tow@colefrieman.com. Visit our website: https://colefrieman.com

Information

  • Creator
    Dave Rothschild
  • Years Active
    2022 - 2025
  • Episodes
    77
  • Rating
    Clean
  • Copyright
    © 2025 Copyright © 2022 - Dave Rothschild
  • Show Website
    Tokens of Wisdom

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