RIA- billing question

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CFoley's picture
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Joined: 2011-06-21

I am looking to become an independent RIA who predominately trades the futures market.  My plan was to charge an annual management fee and a performance fee (% of profits).  After doing some research, the state (PA) does not allow you to bill based on performance.  Is there any other way to charge additional fees to make the potential I had with performance fees? Thanks

FVDA_Trade-PMR's picture
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Joined: 2008-09-24

Hello CFoley,Many different methods exist in terms of fee billing.  Attached is a document you might find valuable on the subject.  Best wishes to you.

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