Looking for an Account Manager for $500K Account

[d08]

What stops you from contacting the guy?

Like I mentioned before, nothing stops him from copying me once he has figured out what I do.
Also, I'm not looking to manage anyone's funds as what I do is mostly sensitive to size.

 

[syswizard]

500k is worth it.

Yeah, but what is the fee structure ? Typical 2 and 20 ?
If so, you are looking at $50k per annum in profit commission and another $10-20k per annum in asset value fees.

 

[Cisco34]

I'm curious how this deal would eventually be structured for the money manager. x% on assets, +y% on gains? Since the target bogey is so high at an annualized 50%, does the y% only kick in at the annualized return? If x was 1% and y was 5% and the bogey was SPX benchmark marked to market and paid out every quarter, that would make it more interesting. I agree with d08, it sounds like a fishing expedition to learn others' proprietary techniques.

 

[Cisco34]

From BarclayHedge.

Systematic Traders Managing More Than $1 Million as of Month-end June 2016*
CTA Program June 2016
ROR YTD MUM
1 Taaffeite Capital Management(Quantitative Strategies) 34.79% 23.06% $5.20M
2 Mulvaney Capital Mgmt. Ltd.(Global Markets Fund LLC) 27.38% 14.99% $3.00M
3 Progressive Capital Ptnrs Ltd(Tulip Trend Fund Ltd. I) 20.63% 21.65% $298.00M
4 Dreiss Research Corporation 18.56% 13.34% $8.50M
5 Superfund Asset Mgmt. GmbH(Green Silver SICAV) 17.26% 20.33% $11.10M
6 Lynx Asset Management(Lynx 1.5 (Bermuda) Ltd.) 15.22% 15.34% $387.00M
7 Rivoli Fund Management(International Fund) 14.13% 10.13% $67.30M
8 Golden Point Capital Mgmt, LLC(Golden Point Partners LP) 13.77% -22.56% $5.70M
9 Progressive Capital Partners(LINDEN Core Fund 2X - Class I GBP) 13.73% 3.83% $100.00M
10 NuWave Investment Mgmt, LLC(Combined Futures Portfolio) 13.43% 13.03% $36.00M
* Number of Eligible Funds in this Ranking: 521

 

[Cisco34]

2015 Yearly Performance Awards - CTAs
Systematic Traders — Managing More Than $1 Million as of Month-end December 2015

CTA Program 2015
CAR AUM
1 Investment Capital Advisors LLC ICA Managed Accounts 266.22% 17.48M
2 Beann Capital Honeybee Fund, LP 87.93% 3.53M
3 Quantitative Investment Management Global Fund (3X) 72.24% 170.75M
4 Taaffeite Capital Management Quantitative Strategies 62.89% 3.45M
5 Deep Field Capital Singularity Fund (2x) 60.53% 7.55M
6 Albedo Capital Systematic FX 53.25% 7.60M
7 Finex LLP Navigator CTA Managed Accounts 48.77% 37.88M
8 Alternative Asset Management Ltd ACMP (Long Only) 48.45% 67.00M
9 CenturionFx Ltd CenturionFX - 6X 39.44% 92.30M
10 Epiphany Asset Management PMC Managed Account 33.97% 16.30M

THE RANK ABOVE WAS CREATED BASED UPON THE ESTIMATED PERFORMANCE AS REPORTED BY THE FUND MANAGERS. CONSEQUENTLY, WHEN THE FINAL PERFORMANCE IS REPORTED BY THE MANAGERS IT MIGHT NOT MATCH THE POSITION AWARDED AND THE MANAGER COULD HAVE MOVED UP OR DOWN IN THE RANK.

 

[Cisco34]

Here's a profile of the #1 CTA. They're trading currency.

ICA trading system combines sophisticated risk and trade management models, with high probability market patterns recognition technique. The strategy is featured by: *Trading Strategy is 75% systematic, and 25% discretionary. *Swing trading strategy; Targets 50 to 400 pips on 4 hours and daily charts. *Not Scalping; Does not attempt to make many small profits on small price changes. *Not Hedging; Does not buy and sell the same instrument at the same time. *No Martingale; Does not continually increase the exposure after losses. *No Average Down; Does not add positions to the losing positions. *Average Up; Add positions to the profitable positions. *Focused; Trade only one pattern within one trading system. *Diversify within the same trading system; trade the same system in different markets. *Trading system works in both trending and sideways markets but not in chopping markets. *Trading Volume; $100.000 deposit would generate $30 million monthly volume. (Deposits are 300 leveraged monthly). Market Risk Management: ICA has developed an Automated Market Risk Management Platform, which contains sophisticated tools and calculators serve in determining the optimal risk allocation per trade, optimal leverage, optimal scale out or average up formula, serving in optimizing the Reward/Risk asymmetry. Operational Risk Management: ICA has developed an Online Trading Room, which is a functionally centralized web-based platform, helps in improving the operational efficiency. The platform represents an application for our "two-boss" matrix management organization structure. It represents a solution for team-based discipline trading. Stress Testing: ICA has developed its own Monte Carlo Simulator software; which is a stress testing platform, help to identify worse peak-to-trough drawdown scenario, and to evaluate the probability its happening. In addition to avoid curve-fitting analysis. Stress testing our strategy helps us also to determine the proper risk parameters for our strategy.

 

[Investor10]

I am looking for an Advisor that will manage my account in IB, and not to move it into a different broker.

Since I am new here and this may look indeed like a troll post, I am attaching a screenshot of my portfolio.

I made a post here since I am looking for a very specific kind of Day-trading portfolio,
which is not common in most investment places.

 

[gkishot]

I am looking for an Advisor that will manage my account in IB, and not to move it into a different broker.

Since I am new here and this may look indeed like a troll post, I am attaching a screenshot of my portfolio.

View attachment 165951

I made a post here since I am looking for a very specific kind of Day-trading portfolio,
which is not common in most investment places.

When it comes to hiring a money manager, investors are usually biased toward not losing money than having exorbitant gains.

 

[OddTrader]

2015 Yearly Performance Awards - CTAs
Systematic Traders — Managing More Than $1 Million as of Month-end December 2015

CTA Program 2015
CAR AUM
1 Investment Capital Advisors LLC ICA Managed Accounts 266.22% 17.48M

Here's a profile of the #1 CTA. They're trading currency.

ICA trading system combines sophisticated risk and trade management models, with high probability market patterns recognition technique. The strategy is featured by: *Trading Strategy is 75% systematic, and 25% discretionary. *Swing trading strategy; Targets 50 to 400 pips on 4 hours and daily charts. *Not Scalping; Does not attempt to make many small profits on small price changes. *Not Hedging; Does not buy and sell the same instrument at the same time. *No Martingale; Does not continually increase the exposure after losses. *No Average Down; Does not add positions to the losing positions. *Average Up; Add positions to the profitable positions. *Focused; Trade only one pattern within one trading system. *Diversify within the same trading system; trade the same system in different markets. *Trading system works in both trending and sideways markets but not in chopping markets. *Trading Volume; $100.000 deposit would generate $30 million monthly volume. (Deposits are 300 leveraged monthly). Market Risk Management: ICA has developed an Automated Market Risk Management Platform, which contains sophisticated tools and calculators serve in determining the optimal risk allocation per trade, optimal leverage, optimal scale out or average up formula, serving in optimizing the Reward/Risk asymmetry. Operational Risk Management: ICA has developed an Online Trading Room, which is a functionally centralized web-based platform, helps in improving the operational efficiency. The platform represents an application for our "two-boss" matrix management organization structure. It represents a solution for team-based discipline trading. Stress Testing: ICA has developed its own Monte Carlo Simulator software; which is a stress testing platform, help to identify worse peak-to-trough drawdown scenario, and to evaluate the probability its happening. In addition to avoid curve-fitting analysis. Stress testing our strategy helps us also to determine the proper risk parameters for our strategy.

We will see how long this fund would last from now! 3 years?

 

[marsman]

I made a post here since I am looking for a very specific kind of Day-trading portfolio,
which is not common in most investment places.

You look for a specific portfolio? Can you explain what this means?
Do you mean a portfolio manager maybe?