Recent content by fishhook

Wow! Great responses here and lots of thoughtful advice. In the interest of giving back-- here is what I have discovered so far (since I posted the original question.) I am just going to put in all and every last detail for anyone else who might have similar questions. (And perhaps for anyone to...

I have a few relatives (3) and 1 friend who want me to run some money for them. I really want to do this, but I do not want to set up a hedge fund (the expense isn't worth the amount I'd have under mngx). Is it legal to manage money for them? If so, what is the structure I need to set up? Do...