The biggest problem you'd have is - no one wants to trust a 24 year old with their money.
I wouldn't say that.
I would say the biggest problem is not trusting the evidence that you see to support the growth return claim.
If these money managers could show something that you have absolute faith in believing then you'd be more comfortable giving it to them, but they can't.
Not even what appears to be an original broker statement would make me feel any safer. Not even talking to the broker and getting their confirmation that the returns are accurate would make me feel safe.
The only way unfortunately I would believe them is if I knew someone who I trusted had a current investment with the actual money manager, not the firm, and would confirm the claims are true.
Even then I would tread very carefully.
I've spoken to so many money managers over the last few years and the number of them that make money over a long period is very small. The number of money managers who make what they say they will make based on past returns is even less, I could count them quite literally on one hand.
this guy may be the real deal eventually but he hasn't got anything to show to support that right now. The fact that he's 24 doesn't bother me. By the time I was 24 I had already had 6 years experience at big firms (Tulletts and Prebon) in 3 different centres (Sydney, London and New York) so his age shouldn't worry you but his supporting evidence or lack of it probably should.