Creating A Merged Account or Synthetic Fund

Discussion in 'Professional Trading' started by Traden4Alpha, Oct 2, 2002.

  1. Courtesy of the IRS, my trading capital is scattered across 5 different accounts. Although I have created some tools to quickly and efficiently decide which trade goes in which account, its still a pain in the patooties.

    Is there a broker that can create a merged virtual account that draws capital from multiple accounts??? Or, does anybody know a way to set up your own personal hedge fund so that your own accounts can just buy into the fund? I'm not trying to do anything squirrelly (hiding taxable events, self-dealing, or funneling profits into nontaxable accounts or anything). And I don't want to solicit OPM (other people's money), so I don't need to go the route of a full-fledged registered investment company. I'd just like to get all my trading capital into one place.

    Thanx for any tips,