Hi,
I would like info on how I can set up a money management firm.I am a
doctor by profession but I have a keen interest in the stock market
and I have been able to invest successfully in the stock market. I
would like to set up an investment vehichle (with the least amount of
regulatory hoops to jump through) through which I can start managing
money for others. I dont know what would be the nature of such a
company....private investment firm? asset management firm?
the less formal the better. Do I have to pass any cerification exams
or get any licenses? What are the legal and accounting issues I have
to take care of? Please list step by step what I have to do to set up
such a company.

Thanks

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Request for Question Clarification by answerguru-ga on 10 Mar 2006 08:18 PST

Hello johnman-ga,

Where do you reside and hold citizenship?

Where you plan on incorporating this business?

What specific investment services do you plan to offer?

These elements will determine what requirements you will need to meet
in order to start such a business.

answerguru-ga

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Clarification of Question by johnman-ga on 10 Mar 2006 10:33 PST

I live in New Jersey and am a US citizen. I am thinking of
incorporating it in New Jersey (although I am not averse of
incorporating it elsewhere if that would make things easier)I would
invest other people's money in the stock market..a 'holding company'
if you will

You need to find a securities attorney who is nowledgeable in both '40
Acts as well as State Blue Sky Laws.  Any answer you get on here will
be insufficient.

You can also try asking on seclaw.com