Recent content by maxross

if they let you use partial funds and you put trades on and lost money and then the check didnt clear, they would be stuck with the trading losses.

Tradestation is self clearing now.

Does anyone know of any other brokers that have the friends and family advisor type accounts like IB does?

Brandon, Is this run through the Interactive Brokers friends and family accounts?

Brandon, congratulations on the great performance ytd. Are you managing a hedge fund or just individual accounts? And what kind of fees do you charge?

thanks for the info!

what is the problem with ACATS for the accounts. I plan on opening an account this week in the F&F account and will be transferring in 3-4 accounts. Is there something that I should do instead?

I was informed by IB Institutional Sales that I could charge a 1% yearly management fee paid monthly and a 20% performance bonus paid quarterly. Is this correct or is their a limit on the amount of performance bonus that can be charged.

thanks, ssb

One other question, with the F&F account can you set it up to automatically charge a 1% yearly management fee (paid monthly) and a 20% performance bonus on the profits (paid quarterly. Thanks in advance for any help.

In the friends and family account, is there any way that you can use the IB TWS integrated with Tradestation.

I am in the process of setting up an account through IB in the friends/family program (where you can manage a few accounts under one umbrella), my question is, can I still use the Tradestation platform and order entry (and somehow have it tied into IB) or do I have to do everything through IB?

quick question, does anyone know if you can start a hedge fund for some friends and family (with a few million dollars) made up of mostly IRA funds. Not sure if there are any ERISA laws?? Thanks!