Music producer and songwriter Benny Blanco never invested money before meeting Phil Sarna, the senior managing director and founder of PS Business Management . “When I first met Phil, I had $26,000 in my bank account. I remember I went in there and I said, ‘Do I have enough to invest?’ And he kind of laughed at me, but for some reason, saw something in me and worked as my business manager,” Blanco reflected when introducing Sarna at the Variety Business Managers Breakfast, presented by City National Bank on Nov. 13 in West Hollywood.

Sarna was being honored with the Business Manager of the Year award at the event, which saw dozens of the entertainment industry’s top execs gather to celebrate Sarna and learn from additional conversations and speakers about their value to creatives.

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