How To Be A Business Manager For The Stars

A few years ago, two of Fred Nigro's biggest clients decided to get a divorce.

Nigro, one of Hollywood's top business managers, has a reputation as a problem solver. So he invited Tom Cruise and Nicole Kidman to leave their attorneys at home and come to a meeting in his office.

"It was me, Tom and Nicole one evening in a room without any lawyers, hammering out the divorce agreement," Nigro recalls. "That was a milestone."

But it wasn't unusual. As top entertainment business managers, Nigro and his partners at L.A.'s Nigro Karlin Segal & Feldstein belong to a rare and influential breed of showbiz power player. Equal parts financial quarterback, personal concierge and father figure, they are able to manage a balance sheet as well as a fragile ego. What they're not is well-known in Hollywood.

"Nobody comes to your funeral," says Nigro, whose clients run the gamut of film, television and music. "We accept that."

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