[quote=gibbyw]

I'm looking to advise and get compensated for advising one client.  I live in OH.  He lives in CA. Assets would be under $25M.  I'm currently not affiliated with an RIA or Broker Dealer.

Do I need to set up a fully registed Investment Advisor?  State only?  It appears that I may not need to register at all.  Any ideas?

Thanks,

Gib 

[/quote]

You're just messing with us, right?

[quote=gibbyw]

I’m looking to advise and get compensated for advising one client. I live in OH. He lives in CA. Assets would be under $25M. I’m currently not affiliated with an RIA or Broker Dealer.

Do I need to set up a fully registed Investment Advisor? State only? It appears that I may not need to register at all. Any ideas?

Thanks,

Gib

[quote=gibbyw]

I’m looking to advise and get compensated for
advising one client.  I live in OH.  He lives in CA. Assets
would be under $25M.  I’m currently not affiliated with an RIA or
Broker Dealer.

Do I need to set up a fully registed Investment Advisor?  State only?  It appears that I may not need to register at all.  Any ideas?

Thanks,

Gib 

[quote=Oldproducer] [quote=gibbyw]

I'm looking to advise and get compensated for advising one client.  I live in OH.  He lives in CA. Assets would be under $25M.  I'm currently not affiliated with an RIA or Broker Dealer.

Do I need to set up a fully registed Investment Advisor?  State only?  It appears that I may not need to register at all.  Any ideas?

Thanks,

Gib 

[/quote]

Is your name "Rainman?"[/quote]

Its actually Raymond, you're just an idiot... savant.

Register as an RIA and find 3-4 more people like this.
Then sell the firm to a large bank who wants the money. LOL