An investment advisor has two basic choices in structuring a fund: you can either run your hedge fund as a sole proprietor, or you can create a corporation to partner with you and limit your own liability. It's a common practice to seek protection from liability by creating a corporation to act as the general partner of your fund entity. This partner will be your investment advisory company.   Remember that with a limited partnership, the general partner is completely responsible for all the firms debts and obligations. So, if you incorporate your general partner, your personal assets are protected in the case of a lawsuit or in the case of debts. This is because a corporation is a separate legal entity.  Fill out the articles of incorporation in your state. Always consult your lawyer before incorporating, they can guide you effectively through the process. Your firm will need to compile an in-house rulebook to move forward with incorporation and register with the SEC and the regulatory bodies in your state. The bylaws are yours to choose but might commonly include:  A compliance manual An ethical code of conduct A manual for supervisory procedures An advisor's portfolio-management agreement Do this on the website of the Investment Advisor Registration Depository to make the partnership legal. The process is free but will take several hours to complete. You may want to speak to your legal team before moving forward with the process of registry. This process is necessary to make your company able to manage assets and provide financial advice. After your fund is legally a Registered Investment Advisor, you must register yourself as the investment advisor for your fund.  You can register yourself as the investment advisor for the fund by going to the same website you went to when you registered your company as the Registered Investment Advisor. To complete the process, you'll need to submit a Form U-4 and pay the fee to the IARD. The fee is about $30 This establishes you a representative of your company. Hedge funds don’t technically register with the SEC but do register the "offering" of the limited partnership to investors. Just as corporations offer stock and LLC's offer memberships, limited partnerships offer "interests", and the offering of this interest must be registered with the SEC.  Offerings exempt under Regulation D from registration must comply with specific limitation on the solicitation and sale of private securities. This includes restrictions on the type and number of investors solicited as well as the interests sold and requirements for adequate disclosure of the investment's details. To register, fill out Form D with the SEC. You'll also need to fill out Form D in each state in which you intend to offer your fund.
أسس شركة شريكة في الصندوق. ضع قوانين وقواعد شركتك. سجل شركتك تحت مسمى المستشار الاستثماري المسجل. سجل نفسك تحت مسمى مستشار استثماري. سجل عروض وطرح الصندوق في لجنة تداول الأوراق المالية.