RIA- billing question

Jun 21, 2011 9:34 pm

I am looking to become an independent RIA who predominately trades the futures market.  My plan was to charge an annual management fee and a performance fee (% of profits).  After doing some research, the state (PA) does not allow you to bill based on performance.  Is there any other way to charge additional fees to make the potential I had with performance fees?


Jun 22, 2011 3:18 pm

Hello CFoley,

Many different methods exist in terms of fee billing.  Attached is a document you might find valuable on the subject.  Best wishes to you.