Shooter MacGavin Posted September 13, 2016 Share Posted September 13, 2016 To current active managers / RIAs, I have a client interested in investing some money. let's say its between $1M and $5M. I think I have a pretty good idea of the pros/cons of a fund vs. an unregistered RIA structure for the moment and i'm choosing to manage through an IB friends and family account for the moment. if there's more money to come down the road, I'll roll into a fund structure. as of right now, its early so I can iterate if need be - in other words....nothing is in writing yet. I'm talking to lawyers, IB etc. one issue right now is fee structure. I proposed an 0/25 structure, but I think that was a bit idealistic. I won't have working capital, and I'll need to keep my own capital in cash to weather for a few years so this isn't ideal. I may go back and propose a sliding fee structure - the more capital , the less of a mgmt % and greater performance %... Anyone have any suggestions on anything that they wish they would have done differently / regrets / or anything/vendors they would recommend? If you don't wish to share here, would love to hear from you in PM too. Thank you very much in advance for your time/ comments Link to comment Share on other sites More sharing options...
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