What is the best setup to manage other people’s money without large regulatory costs?
1. Private Corporation
Can I set up a corporation under the investor’s names (under 50).
Hired by them to run the investments.
Get paid a salary by them at the end of a year / bonuses approved by the board of directors.
This avoids the 100k investment minimum of high net worth individuals.
2. Based on my understanding of the laws in USA / Canada.
Also consideration for other countries.