Shawn Posted October 15, 2012 Share Posted October 15, 2012 I am going to create an investment company. So far I have mostly family members both in Canada and the U.S. who have pledged to allow me to manage their funds. I am planning to fully launch sometime in March of 2013 or Q2 of 2013. I have a few questions though: What types of trading platforms can any of you recommend ? Are their any rules or regulations in regards to Canadian advisors managing funds for U.S. citizens ? Why do some people (Canadians) create U.S. corporations/LLCs and then open Canadian subsidiaries ? I would greatly appreciate if somebody could answer some (of not all) of my questions. Thanks in Advance ! Link to comment Share on other sites More sharing options...
ageofsocrates Posted October 15, 2012 Share Posted October 15, 2012 Hi, I'm no expert. You can try emailing this guy. He runs a blog on hedge funds. Alternatively, the FAQ is pretty comprehensive and gives some ideas on how to go about this... http://richard-wilson.blogspot.com Cheers Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 15, 2012 Share Posted October 15, 2012 To my knowledge Interactive Brokers offers some accounts for advisors. http://www.interactivebrokers.com/en/accounts/advisors/advisorsMain.php and also for some smaller family groups. http://www.interactivebrokers.com/en/p.php?f=friendsFamilyAccounts Link to comment Share on other sites More sharing options...
Shawn Posted October 16, 2012 Author Share Posted October 16, 2012 Thanks guys !! I really appreciate the help !!! Link to comment Share on other sites More sharing options...
ageofsocrates Posted October 16, 2012 Share Posted October 16, 2012 generally speaking, its probably easier to start a partnership in the states. I think IB has a platform that allows one to place trades simultaneously on multiple accounts. Saves execution costs and easier to manage. Link to comment Share on other sites More sharing options...
Shawn Posted October 16, 2012 Author Share Posted October 16, 2012 generally speaking, its probably easier to start a partnership in the states. I think IB has a platform that allows one to place trades simultaneously on multiple accounts. Saves execution costs and easier to manage. From my research, there are a large majority of Canadians who do this. But what I can't figure out is why ? Why is it easier to start a partnership in the States ?? Link to comment Share on other sites More sharing options...
Palantir Posted October 19, 2012 Share Posted October 19, 2012 Good luck bro. Keep us posted on how your results turn out. :) Also if you dont mind....you should post your ideas too... Link to comment Share on other sites More sharing options...
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