Prager and Fenton's business management experts set the industry standard --- creating and implementing proactive strategies that support clients and their assets all around the world. Customized services can range from bookkeeping to banking, negotiating new contracts to reviewing royalties, and preparing tax returns to planning pensions.
The firm's unparalleled reputation is built upon decades of partnership with many of the most successful artists of all time --- Emmy, Grammy, Tony, and Academy Award-winners --- as well as sports superstars. And that tradition continues today, as the firm provides expert counsel to clients ranging from rock icon AC/DC to gifted newcomer Gavin DeGraw.
Prager and Fenton's business management services include:
- Concert Tour Management ---
Provide complete financial oversight of booking, budgeting, contracts, insurance, and settlements.
- Financial Activity Coordination ---
Manage accounts receivable and payable; facilitate banking relationships; reconcile bank accounts; prepare periodic financial reports.
- Investment Policy Oversight ---
Coordinate relationships with investment firms; maintain and monitor investment policies; analyze portfolios for performance and income tax liability.
- Insurance, Pension, and Retirement Planning ---
Coordinate personal and business insurance requirements; liaise with investment firms to structure pension and retirement plans.
- Revenue Procurement ---
Identify and secure ancillary revenue opportunities, including licensing, sponsorship, and merchandising ventures.
- Royalty Review ---
Analyze royalty activity; conduct royalty examinations.
- Tax and Financial Planning ---
Budget, plan, and prepare local, state, and federal tax returns, as well as international compliance capabilities; integrate tax planning with investments, pension and retirement plans, and estates and trusts.
