Starting a Hedge Fund as a teenager?

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  • Starting a Hedge Fund as a teenager?


Answer #1 | 21/12 2013 21:00
you can't personally be licensed as an advisor yet
Answer #2 | 21/12 2013 21:18
nope, u got a few years b4 even working in the industry
Answer #3 | 21/12 2013 21:20
Even excusing any licensing issues, I'm not sure anyone would believe you as a teenager unless you're some sort of savant. Have you personally made millions on your hunches on the market? If not, you have nothing to offer of value, and even less credibility as a result.
Answer #4 | 21/12 2013 21:24
And you have a few million dollars to get the proper licenses, certifications, agreements, from the Feds, the state, the SEC, and other regulator organizations?? And I believe you also need a series 7 license to invest other people's money. And you only get one of these by being sponsored by someone already in the business - JP Morgan, Goldman Sachs, etc. Hedge funds require huge amounts of money, as well as paperwork to start-up. Without a few million you have no chance.
Answer #5 | 22/12 2013 07:32
I started my own hedge fund (when I was in my 40's with years of hedge fund experience and a Ph.D/CFA). You have a bunch of problems: a) It takes about $75K worth of various expenses just to get the fundamentals done like offering memoranda, partnership agreements, feeder fund set-up etc. b) You need to get various licenses that they don't give to kids. c) It was hard getting people to take me seriously and I taught finance at colleges you couldn't get into and had very senior positions at successful multi-billion dollar funds prior to starting my own.

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