Hi, I am new to this board. Question: I have been thinking of setting up a side business of giving financial advice (and managing money) for other individuals? I know about firms that offer the technology such as IB for trading but I have some more questions that they could not provide advice to. 1. If giving advice to others, would it be best for me to set up an LLC for myself (to help seperate liabilities with myself from the firm etc.)? 2. If I want this to grow and have as a possible career going forward, should the LLC get registered now and me take the Series 65? Wouldn't this help with marketing my services so I could expand? After all, so many financial advisory firms out there seem awful to me with terrible generic advice. I feel I can fill a better need than they can. These are just some questions but any other input from the readers on here would me much appreciated which may lead to more questions than answers.