What is the best setup to manage other people's money without large regulatory costs? 1. Private Corporation Can I set up a corporation under the investor's names (under 50). Hired by them to run the investments. Get paid a salary by them at the end of a year / bonuses approved by the board of directors. This avoids the 100k investment minimum of high net worth individuals. 2. Based on my understanding of the laws in USA / Canada. Also consideration for other countries.