Post by registerme on Sept 19, 2015 12:53:14 GMT
Rather than attend FC's investor evening on the 17th I went to a networking event organised by a friend of mine. There I met an IFA who represents the interests of "many high net worth individuals" (some of whom apparently kick a ball around for a living). We got talking about P2P, whilst he was aware of it he hadn't done anything in the space. Now he wants to talk about setting up an SPV with x hundred thousand pounds in it, to be managed by me, in return for x% (his opening bid was 0.25, mine was "2 and 20" 
).
* There's no problem with any current employer, because I don't have one.
* I'm not registered with the FSA, an IFA, or a CFA.
* There could be the potential for conflicts of interest between my personal investments and any "fund" managed by me, but nothing that can't be mitigated with sensible audit processes.
* Some platforms accept "business" funds, some don't.
* His company would pay for professional indemnity insurance etc.
* Perhaps going an investment trust route might be better for his clients?
Now to be sure there would be a lot more detail to work through, but... why not?
).* There's no problem with any current employer, because I don't have one.
* I'm not registered with the FSA, an IFA, or a CFA.
* There could be the potential for conflicts of interest between my personal investments and any "fund" managed by me, but nothing that can't be mitigated with sensible audit processes.
* Some platforms accept "business" funds, some don't.
* His company would pay for professional indemnity insurance etc.
* Perhaps going an investment trust route might be better for his clients?
Now to be sure there would be a lot more detail to work through, but... why not?
