When you have an RIA, what are the guidelines around pooling several investors' funds together into one account? Is there additional compliance required or is it allowed as long as it is not declared as a mutual fund? Is the only requirement that the investors need to sign a form consenting to it?
The answer to your questions is too complicated for a short answer in a public forum. Feel free to reach out to me directly.
Hi, It's Stock Xpo Feel free to reach out to me directly. as these funds are created to deal with larger investors. Pooled funds are allowed to charge their expenses from operations against the fund assets, and the trust indenture provides for the sponsor, or trustee, to hire outside agents to perform certain tasks, such as custody and unit record-keeping. When you have and what are the guidelines around pooling several investors' funds together into one account? Is there additional compliance required or is it allowed as long as it is not declared as a mutual fund? Is the only requirement that the investors need to sign a form consenting to it? The answer to your questions is too complicated for a short answer in a public forum.