Im starting a Private Wealth Investment company(No Stock trading) what do I need to get started?
The clients would be investing in privately held businesses that generate cash. Do I need to file with the SEC since there is no stock trading to generate returns?
Public Comments
1. kid you need to have a mastery of this sort of thing long before you start a hedge fund
2. Partner with someone who knows the PWM industry, hire a consulting firm, or work for a firm and learn the ropes. Don't start a business half-cocked.