Boutique 03
＜43＞
“hello?”
“hello?”
“Haha, Professor Choi, welcome. Let me introduce you. This is Na Hye-na. And as I said, this person is Professor Choi Hyun-joon.”
We greeted each other briefly and exchanged business cards.
Meanwhile, Hyeon-jun kept looking at her with an expression of surprise. It is surprising that a more beautiful woman than expected came out of the boutique. When people think of boutiques, people usually think of old men who smell like cigarettes, but someone with a completely different atmosphere came out.
“Professor, then I will introduce myself more. Our investment team is called [Boston Institute of Investment] and I serve as the deputy head.”
On the other hand, the soft smile on her lips was subtly revealing self-confidence. In particular, the corner of the mouth was raised slightly on both sides, which made it a good look.
In general, people with this kind of lip corners are said to be sociable or highly successful. In addition, Hyun-joon saw that she would show great ability in the business aspect, perhaps because of her clear eyes.
“Professor Choi and Hye-Na Na here majored in political science at Cornell University and completed an MBA course at Boston University. I also worked for a while at Wall Street Shelton Investment Bank (IB) in New York. He is a person who has knowledge not only in the field of investment, but also in politics and management. He’s young, but he’s someone you can never look down on. That is why you are the deputy team leader at the [Boston Institute of Investment].”
Hyeon-jun was once again surprised by Choi Dong-wook’s explanation. It is somewhat surprising that he received various degrees in the United States and even had a background in a Wall Street investment bank. She is wearing a lot of so-called flashy clothes.
“Wow, that’s great.”
When Hyeon-jun admired, Na Hye-na smiled again.
“no. professor. still lacking a lot. So I am learning a lot and working hard. Professor, Professor, please help me a lot in the future.”
Wow, even hit a commercial comment.
Hyeon-jun also came to think that she was more clever than he thought.
Anyway, the first impression is very satisfactory.
“Professor, here at [Boston Institute of Investment], the funding scale is not very large yet. All of the team members like Na Hye-na are great investment-related professionals. I didn’t come in person today because I didn’t have time, but Dennis Kim, the team manager, also has a long history of working for a large investment company in Hong Kong. For that reason, from my point of view, [Boston Investment Institute] is quite systematic in everything from stock analysis to investment. Well, I’m working on a small scale right now, but I think there’s plenty of potential to be reborn as a very great asset management company with a little more time.”
Choi Dong-wook calmly explained, and Hyeon-jun nodded.
Currently, it has a plausible name of [Boston Investment Institute], but anyway, it is still only a small and medium-sized boutique type investment unit.
Of course, there is a possibility of further evolution and growth here, but it is not yet on the right track as an investment company.
“Then may I ask how many people are on your team?”
When Hyeon-jun asked, Na Hye-na answered.
“Currently, there are six members of the team.”
Also the size is very small.
Well, a boutique itself means that if you set up an office and set up a high-speed internet line, you can start working right away.
In addition, there is no corporate income tax per se, as most businesses are unreported.
It’s not a private equity fund, it’s just a form of entrusting the investment entirely to an individual.
So, the boutique team manager manages the assets based on the investment money entered into the account in his name. As a result, individuals who entrust money have no choice but to bear the somewhat risky part.
“But Professor, we are already registered as an investment company. However, the scale is still small, so we are attracting investment by receiving introductions like this. Still, I’m on the normal route. By the way, would you like to see our company brochure here? It contains the brief status, plan, and future vision of our [Boston Institute of Investment].”
At the same time, Na Hye-na handed Hyun-jun a color brochure introducing the [Boston Investment Institute]. Hyeonjun took it and examined it carefully.
The brochure is tri-folded like any other company brochure.
When I opened the brochure, the accumulated monthly profit rates were clearly organized at a glance.
However, the return rate of [Boston Investment Institute] is quite high than expected.
+42%?
When investment returns explode, there are several months when up to 42% were taken.
Of course, there have been times when it has dropped to -10%.
As such, it was true that even the negative rate of return was marked as it was, so rather than doubting the [Boston Investment Institute], it was true that there was more trust.
This is because it is never easy for investment companies to indicate negative rates of return in their promotional brochures.
“So, we are investing by reflecting everything from stock discovery to stock analysis, company visits and executive interviews, various information analysis, and social, economic, and political changes at home and abroad. In addition, various stock reports from Wall Street investment banks are the first to receive and use them for stock investment, although it is an unofficial method. For reference, we never make high-risk, high-risk investments.”
In other words, garbage stocks with messy sales or accumulated losses are not touched at all. In other words, it was a story of real value investment regardless of stock price manipulation work.
“By the way, Hye-na Na, assistant manager, the short-term rate of return is very impressive here, but can you build such a rate of return without risk investment?”
When Hyeon-joon asked a sharp question, she answered again with a smile.
“We don’t just deal with stocks. We are also investing in futures options at the same time. We are also using risk hedging strategies to lower risks.”
And some more detailed explanations that follow.
First of all, Hyeonjun nodded.
Just hearing the explanation itself makes me think that it is like a boutique that does something right.
But even so, Hyeon-joon couldn’t believe her explanations 100%.
Investing is never easy.
The standard of investment is risk hedging, but there are always variables. No matter how good an investment is, there may suddenly be a fluctuating trend in which the entire index fluctuates greatly, and at that time, the existing investment itself is bound to be greatly shaken.
Still, the yield came out stronger than expected.
So, after all, there is something else.
However, Na Hye-na continued to talk about ordinary things. Hyeon-joon grew more and more suspicious.
“Haha, professor, how are you? Wouldn’t this be a good investment? It seems that there are many young and fresh talents like Na Hye-na, so they are more motivated.”
As such, Choi Dong-wook secretly asked Hyeon-jun’s intentions, and Hyeon-jun thought for a moment before looking at Na Hye-na.
“Hey, deputy manager, actually investing about 2 billion won in me… this is not a big deal. However, I am really curious to what extent [Boston Institute of Investment] has growth potential. So, if possible, may I visit your office in person?”
Likewise, when Hyeon-jun made another suggestion, Na Hye-na’s eyes twinkled.
“Our office?”
“yes.”
However, after a moment of doubt, Na Hye-na immediately nodded.
“Then go ahead. If you can set an appointment time, we will…”
“yes. Then take out the horns as well, how about tomorrow by any chance? The time is around 5:30 p.m. after the regular market ends. I won’t take too long.”
Hyeon-jun asked to make an appointment the very next day, and Na Hye-na immediately took out her smartphone and checked her schedule, then nodded.
“It’s fine. That time period is fine. Since the regular season is over, we also have some time…”
“By the way, you said earlier that you also invest in futures options, so aren’t you still busy?”
“Right. Of course, every minute and every second is hectic. I sometimes work all night in the US time zone.”
“Wow, you must be really busy. And one more! By the way, how do you distribute the company’s profits?”
“Well, we are similar. Like other boutiques… Usually, we take only about 10% of the proceeds in the form of commissions.”
Then, if you invest 2 billion won and get a 20% return, it is 400 million won.
In the past, boutiques had a stigma as operational forces, but now, it is true that they have evolved to be more plausible as they borrowed the yield distribution system of general investment companies. Of course, there are also boutiques that do not.
“Then, I’ll see you tomorrow anyway.”
On the other hand, Na Hye-na pointed to the picture on the back of the brochure and gave the location and office contact information of [Boston Investment Institute].
Hearing that explanation, Hyeon-jun was satisfied with the meeting.
If it’s a really good place, you can form a partnership with an investment company that you will establish in the future.
Or rather, he could have taken over the entire [Boston Institute of Investment].
#
and the next morning.
As soon as Hyun-joon went to school, he immediately contacted a large tax accountant office located in Gangnam.
Decided to settle his tax problems ahead of time.
There is a lot of money accumulated in the US account, but it is a preparation for sudden problems that may arise if you bring it to Korea right away.
For example, in addition to foreign currency-related issues on the US side, it was true that various countermeasures were needed to prepare for the detailed investigation by the National Tax Service.
Especially, since it was such a huge amount, it was natural to prepare in advance.
Meanwhile, Hyun-joon decided to bring approximately 15 million dollars to Korea first.
Hyeon-jun, who made a reservation to visit the tax office, came out of school around 3:00 pm and went straight to a large tax accountant office located in Gangnam.
And after a long interview there, Hyun-joon completed the domestic deposit application for cash from an overseas account with his smartphone on the spot. And domestic and foreign tax-related contracts were concluded on the spot.
Of course, there is no need to pay taxes right now, but with a preparedness plan like this, Hyeon-joon headed to [Boston Investment Institute] with a lighter heart.
I heard that there are usually a lot of boutiques scattered around Yeouido and Gangnam.
[Boston Investment Institute] was also located in Gangnam.
After a while, Hyun-jun parked in the underground parking lot of a building on Teheran-ro and took the elevator straight up to the 16th floor [Boston Investment Institute] office.
