Recent Content by Jay77

  1. Unregistered California investment advisors can't charge fees at IB?

    For the benefit of anyone interested: I was able to confirm with IB support that when using an Advisor account(aka RIA/IAR account) with managed...
    Post by: Jay77, Jun 27, 2019 in forum: Professional Trading

  2. Unregistered California investment advisors can't charge fees at IB?

    Another possible strategic difference: 5) A hedge fund could theoretically avoid disclosing exact trade history, and therefore could have an...
    Post by: Jay77, Jun 24, 2019 in forum: Professional Trading

  3. Unregistered California investment advisors can't charge fees at IB?

    Cyrix, > 1) One thing unclear to me is why you didn't choose route 1, the RIA route. > 2) [Does being an RIA] require less administrative...
    Post by: Jay77, Jun 24, 2019 in forum: Professional Trading

  4. Unregistered California investment advisors can't charge fees at IB?

    Hi Cyrix, Our own situation is likely unusual and probably would not apply well to most other investors. I'll update on our status anyway, and...
    Post by: Jay77, Jun 23, 2019 in forum: Professional Trading

  5. A bank with web based or convenient outgoing wire transfer requests?

    Update: It turns out that a separate IB account will probably not work as a cash management account for a hedge fund. The problem is that IB...
    Post by: Jay77, Sep 18, 2017 in forum: Professional Trading

  6. A bank with web based or convenient outgoing wire transfer requests?

    Thanks all for mentioning a second IB account as a potential option for a cash management account for an IB hedge fund. Even though IB accounts...
    Post by: Jay77, Sep 13, 2017 in forum: Professional Trading

  7. A bank with web based or convenient outgoing wire transfer requests?

    @DeltaRisk IB is the prime broker for the fund. I'm looking at using a separate IB account for the NAV consulting banking purpose if possible....
    Post by: Jay77, Sep 13, 2017 in forum: Professional Trading

  8. A bank with web based or convenient outgoing wire transfer requests?

    @Stocktracker Ah, Thank you! Yes, big task. But I'm used to the trading parts, and I imagine the fund administrator will help much. : )
    Post by: Jay77, Sep 12, 2017 in forum: Professional Trading

  9. A bank with web based or convenient outgoing wire transfer requests?

    >Good luck with your hedge fund, I think you gone need it! @Stocktracker If I may ask, is that because of my inexperience with the administration...
    Post by: Jay77, Sep 12, 2017 in forum: Professional Trading

  10. A bank with web based or convenient outgoing wire transfer requests?

    For anyone in the future who might want to know what solutions were found: It turns out that Fidelity offers a business checking account...
    Post by: Jay77, Sep 12, 2017 in forum: Professional Trading

  11. A bank with web based or convenient outgoing wire transfer requests?

    Hi Just21, The question is for a bank account, not a brokerage account. (Unless IB does offer "bank-like" accounts and I didn't know?)
    Post by: Jay77, Sep 12, 2017 in forum: Professional Trading

  12. Recommended fund accounting software or service?

    Thanks everyone for your administrator recommendations. I've engaged NAV consulting for the administration. The setup process has brought up...
    Post by: Jay77, Sep 12, 2017 in forum: Professional Trading

  13. A bank with web based or convenient outgoing wire transfer requests?

    Hello all, My new hedge fund was recently approved, and I've hired NAV consulting for the administration. In order to use NAVs dual account...
    Thread by: Jay77, Sep 12, 2017, 14 replies, in forum: Professional Trading

  14. Recommended fund accounting software or service?

    Thanks for the responses so far. The names I've collected are: NAV Consulting, Citco, Apex Fund Services, and Opus Fund Services. I have not yet...
    Post by: Jay77, Sep 1, 2017 in forum: Professional Trading