THR's Power Business Managers 2013
She calls her approach "lifestyle management," meaning her clients, who include Hawaii Five-O producers Roberto Orci and Peter Lenkov, need to be as careful about money as they are about diet and exercise. "You've got to plan and budget," says Davis, who has been a business manager for nine years, "as opposed to just being super-restrictive or, on the other side, completely crazy."
A client who wanted to convert real estate into a marijuana farm received a firm no. Other than the obvious illegality (cultivation and sale are felonies if not for personal medical use or a nonprofit), "there are tax consequences," says Davis. "You can't deduct any of your expenses. It's not a great business model."
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