How do you start an investment club?
I would like to create an investment club with 10 or less people that I know. I am curious around how to do it, if there are legal ramifications, the reccomended contribution amounts, how to draft a charter and bylaws, etc. I am setting this thing up from scratch.
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Answer by nan_seat
Check out the NAIC website, at http://www.betterinvesting.org/about/ . The National Association of Investors Corp has information about how to set up an Investment Club.
Also, the Securities Exchange Commission (SEC) directs you to the NAIC site: see http://www.sec.gov/answers/clubs.htm
You may also want to check out: http://www.wildcapital.com/starting_club.htm . There you can get some ideas as to how to organize your club, and establish the rules (bylaws).
Best of Luck!
Investment
2013-05-16 Russell Investments Center
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2013-05-16 Russell Investments Center
Orignal From: How do you start an investment club? and 2013-05-16 Russell Investments Center
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