how would one go about doing this. please, don't say friends and family, because i don't know any wealthy people
can you work with financial advisors and provide some sort of referral fee? they have an established clientele and would already know who would be suitable to have a portion of their portfolio in alternative investments. i don't remember reading about that in the series 7 material.
you can't actively solicit clients or advertise. so no cold calling, direct mail marketing, etc, but, would that change if you register as a NASD broker dealer, have a license?
Without an audited track record outside your own small personal retail account and a background from a large investment bank where you already have some good contacts, friends and family is all you got.....