Dear Traders, I trade quantitatively. I am looking to setup a managed account business in Hong Kong. My clients will be friends and family and I am looking to use Interactive Brokers' friends and family adviser account. From my understanding in order to setup an adviser account with IB. You do NOT need registration with any authority if the number of clients is less than 15. Does anyone know what license (i) the company and (ii) the individual need to obtain in order to conduct such practices in Hong Kong? Can someone recommend a good (quality and price) consultant who will be able to help setup such structure? Thanks so much.