People want me to manage their money for them. You may have seen my 2 other threads on this topic.
At Interactive Brokers they said if I set up in CA I can have up to 15 clients with their "friends and family" account. They said in NY I can have 15, but can only charge 5 of them fees. I imagine that this is based on state law.
1) Where can I find out about the state laws governing this issue?
2) What would be the best state to start up in?
3) They said if I was registered I could have more. Is this registered to be a CPA, CFA, or what?
Thanks so much to anyone who replies!
At Interactive Brokers they said if I set up in CA I can have up to 15 clients with their "friends and family" account. They said in NY I can have 15, but can only charge 5 of them fees. I imagine that this is based on state law.
1) Where can I find out about the state laws governing this issue?
2) What would be the best state to start up in?
3) They said if I was registered I could have more. Is this registered to be a CPA, CFA, or what?
Thanks so much to anyone who replies!