Starting an RIA: Minimum net capital requirements in CA?

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
May 3, 2018 1:25 am

Hello All,

I've been browsing the site gaining knowledge and advice on how go about starting my own firm. What I've found in my study for the 65 is that there's z minimum net capital requirement the firm needs to have--35k for cudtody, 10k for discretion. I'm wondering how new firms navigate this requirement when starting from scratch?

Here's what I'm referencing:

http://www.dbo.ca.gov/Licensees/Broker-Dealer_and_SEC_Investment_Advisers/IA_Financial_Requirements.asp