Hi all, I'm about to get into a partnership with another person to start a CTA venture. At this stage, we'll go for the managed futures route. I will be responsible for all of the technical stuff such as trading system maintenance, trading, research etc.. I will also do the daily trading related back/middle office work such as trade reconciliation, allocations and record keeping. The other person will be responsible for money raising at this time. He already has clients in an advisory service he owns. He will also handle the part for incorporating us into a company, and potentially pay $4-5 k for initial expenses. We haven't discussed this yet, but I'm trying to figure out how to split the partnership. If we are profitable (hopefully), what would be a fair way of dividing the profits? I put many years of research and $$$ into developing a viable trading program. However, I don't have any way of raising (quick) money at this time... He does... He has also 10+ years direct futures industry experience. I have research and trading experience... Also I think that after the initial 1-2 months, I'll be putting in lot more time day-by-day into this venture than him. From what I understand, money raisers, 3rd party marketers usually get 20% of the profits from funds. My prospective partner would at least deserve that since he's raising money. Plus, he'll handle company formation and initial expenses so I think he deserves at least 30%. I'll feel comfortable even with 40%. But I can't say no even if he asks for 50%, although I might have some resentment for that. Anyways your inputs are welcome. Thanks.