Do you operate a Hedge Fund at an online broker and were told to leave?

Robert Morse

Robert Morse

Sponsor
Do you operate a Hedge Fund at an online broker and were told to leave and take your business to another BD? If this will affect your fund and you have been notified, please contact me directly to discuss our services. We offer both REG-T and PM Accounts and support hedge funds that focus on US-Listed Equites and Options.

Bob
 
I will not name the online broker, but the message to the clients said they are closing some pooled accounts. Sounds like they no longer wish to support hedge funds, but I can't speak for them.
 
Robert Morse said:
Do you operate a Hedge Fund at an online broker and were told to leave and take your business to another BD? If this will affect your fund and you have been notified, please contact me directly to discuss our services. We offer both REG-T and PM Accounts and support hedge funds that focus on US-Listed Equites and Options.

Bob
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Hi Robert. Is this common?
 
Robert Morse said:
I will not name the online broker, but the message to the clients said they are closing some pooled accounts. Sounds like they no longer wish to support hedge funds, but I can't speak for them.
More...
It sounds like a broker who offered special deals to hedge funds. They performed a cost analysis and realized that the profits, risk and the time to service these hedge funds no longer met their desired bottom line.
 
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