Setting up Managed Account vs. hedge fund?

Check your state's requirements. In my state 5 clients is the cutoff.

0 -25 Million register with State
25-30. It's your choice
30 and above SEC
 
I am a master advisor using IB's Friends & Family account. I have been trading a few accounts belonging to family without taking a share of their profits. Now two friends would also like me to manage their funds. I would like to change each account to give me 20% of all gains. I know I can easily elect to do that on the IB site but would I need to register with the state?

I am talking about 5-6 sub accounts and no more than 10 million total under my management.

And if I incorporate, would I need to file with the state or SEC?

I am sure there are others here that manage money for others. How are you set up? Licences? Registrations?

Anyone doing this thru IB?
 
Hi,
I am looking for a trader partner who has successfully managed account with good track record. Private or institution, please feel free to contact my email.

I recommend myself to be an agent to market your managed account service. My approach would be off-line marketing. Just make sure that you have enough proven record on real live account, real money.

You may send me email directly to assetnocsaille@yahoo.com

Regards,
 
Quote from milldo:

Hi,
I am looking for a trader partner who has successfully managed account with good track record. Private or institution, please feel free to contact my email.

I recommend myself to be an agent to market your managed account service. My approach would be off-line marketing. Just make sure that you have enough proven record on real live account, real money.

You may send me email directly to assetnocsaille@yahoo.com

Regards,
More...

If you are so successful, invest in a domain, come on, yahoo?
 
You must log in or register to reply here.
Back
Top