The embattled hedge fund is preparing to give back most of the client money it still manages. This is according to recent article in The Wall Street Journal. Friday the 16th of August was the quarterly deadline for SAC Capital clients to withdraw their money. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business to discuss the impact of the quarterly deadline for withdrawing from SAC and whether Chapwood will be following suite.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: client money, ed butowsky, financial advisor, fox business, investments, money, sac capital, wall street journal, wealth manager
