# Fund Banking - 2026 Starting A Fund

Page: https://stenobird.com/podcast/alt-funds-network-6503747/fund-banking-2026-starting-a-fund
Text version: https://stenobird.com/podcast/alt-funds-network-6503747/fund-banking-2026-starting-a-fund.md
Podcast: [Alt Funds Network](https://stenobird.com/podcast/alt-funds-network-6503747)
Published: 2026-01-21T06:00:00+00:00
Episode link: https://altfunds.io/episodes/fund-banking-2026-starting-a-fund-zydLQ4Dw
Audio file: https://cdn.simplecast.com/audio/376b141b-aa11-4686-8a52-449a3ea1a713/episodes/8617a8c7-923c-4f90-871a-28171dc8b870/audio/d250e0b6-cacd-49e4-9069-9967f55ee436/default_tc.mp3?aid=rss_feed&feed=pR4BJY_p
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JSON: https://stenobird.com/v1/public/podcasts/alt-funds-network-6503747/episodes/fund-banking-2026-starting-a-fund
Duration seconds: 1069

## Resource

Background: David has 20 years’ experience in the Financial Services sector having held multiple roles in Accounting, Operations, Relationship Management and Business Development. He has worked for a number of large institutions including Neuberger Berman, Morgan Stanley, UBS, JP Morgan and most recently at Wintrust. Working for the Funds Group in New York, David and his team focus on providing premier banking services to the alternative investment community. He holds a BBA in Accounting and an MBA in Finance. Description: Join Mike Schroeder and Styler Steinke on the Alt Funds Network as they speak with David Madden of Wintrust Bank. This episode delves into crucial banking insights for emerging fund managers, covering the importance of subscription redemption and operations accounts, the niche nature of banking services for funds, due diligence requirements, and the typical timelines and costs involved in opening and managing bank accounts. David also addresses common challenges, such as the difficulty of banking for crypto funds, and provides valuable advice for choosing stable and supportive banking partners. Special thanks to Richie Maye for sponsoring this episode!

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## Transcript

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