What are your costs running year to year?..
Regards,
Chris
Regards,
Chris
Current CTA's /Costs
- Thread starter Spectre2007
- Start date
LLC registration ~850
law firm retainer/disclosure document creation~4000
software platform lifetime license ~2990
annual maintenance ~478
software platform lifetime license~999
no annual maintenance fee
daily data futures~400(per year)
equity daily data~400-500(per year)
website registration/creation~500
NFA registration/fees~1200
CPA Fees~(1500)?
Programming Outlay~variable
law firm retainer/disclosure document creation~4000
software platform lifetime license ~2990
annual maintenance ~478
software platform lifetime license~999
no annual maintenance fee
daily data futures~400(per year)
equity daily data~400-500(per year)
website registration/creation~500
NFA registration/fees~1200
CPA Fees~(1500)?
Programming Outlay~variable
Robert Morse
Sponsor
Admins?
Regulatory?
Regulatory?
nothing down the pipeline just yet.. going the 'family office' route, not dealing with other peoples money even though registered 'QEP' path.
yearly LLC fees~ 400
LLC registration roughly 800
Disclosure Document - just read various other CTA documents and make your own, lots of free advise available on internet and also from NFA also.
Software platform: Don't need it. Lots of brokerages offer good options.
Daily data: $500 per year for futures, IB gives lots of them at cheap
Website: $100/year for hosting. Lots of free places to make websites on internet easily.
NFA registerations $1200/year
CPA Fees: Do your own research and accounting
Hence for $200-300 a month one can run a CTA shop. Admin and others come in later once revenue flow is decent.
https://www.llcuniversity.com/llc-annual-fees-by-state/
Average annual fees for states is $101. Also for a learned person registration can be done around $200 or even less.
software/data subscription used for testing.. out different concepts.. A very good investment for me. Plus has a book keeping function.