e&o/d&o has been killer for me i wont start trading OPM without appropriate indemnity and I don't have enough capital-commitments to cover...
so, how are you guys doing on getting insurance? e&o/d&o seems to be the killer, so your business structure is ultimately going to be shaped by...
gmst said "In US also, you can't charge anything from your investors unless you have registered as an RIA. I am sure this applies at least for...
Take the right b-school classes. You'll find some covering finance or something taught by a failed fund-manager etc, and all your classmates will...
You can't take compensation for this in the UK without FSA authorization. Directly, or indirectly. Sorry. In the UK, there is a barrier for...
Most tax planning customers want non-PAL ordinary losses. That has real economic value for taxpayers. An ETF that loses money will generate...
If the cost of money movement operations take a bigger toll on your account than execution+clearing expenses, look at Vanguard Brokerage Services...
I disclose all drug and alcohol use on my ADV part 2B
Your article quotes $750/month. You should not have any difficulty finding an admin @ $9k/year + $1k start-up. Your friend needs to figure out...
I work for a BD+RIA so I am governed by different rules that I believe have the same practical effect upon us. The temptation to trade OPM has...
Assuming all capital accounts are positive, all items of income retain their character when allocated to the partners. To answer your question...
We set up collective investments as partnerships and LLCs - observing the de rigueur formalities of pooled investment vehicles, and securities...
I am a broker-dealer clerk. When we are notified that you have died, we freeze your accounts. All open orders are cancelled. We will not take...
My previous post is incorrect; if he had transfered assets from his 401k to his IRA, and can adequately trace/document the property, it remains...
Hypothetical way to get your IRA to $100m: The firm he founded (or some firm he worked at) may have issued corporate stock or stock options to...
Pimco's new BD will only custody their mutual funds. Pimco's SMA program actually uses SEI as their custodian.
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