An RIA has offered me the opportunity to raise funds for their HFs. They only charge a mngmt fee. To assist me in raising funds, I am thinking about partnering up with broker-dealers/advisors, and offering them a percentage of the client fees from the management fee for dollars introduced. However, there isn't enough to go round from just the management fee (for RIA, me & B/D), so I am thinking of increasing the mgmt fee and tacking on a performance fee as well (funds have done well over quite some time). However, the RIA does not want to change their own fee structure, nor particularly partner up with other firms. Does anyone have any thoughts as to what I can do / how I can get around this? One option I thought about was structuring myself as a feeder to the RIA so I can partner up with whom I wish, and charge what I deem appropriate. However, admin/regulatory burden might make such a structure expensive. I could be mistaken. All thoughts welcome.