There are certain areas that third-party distributors consider before they agree to collaborate with a hedge fund. Among them, I am one, my recommendation is to do so only if you remain in power for at least 3 years. Factor in the time it takes to build relationships, fund managers before investors, cycle time for investors to do on websites, paperwork, diligence, then, if you have the chance to click payments things need time and performance comes to the end. Make sure you have at least 250,000 to burn in person on legal trips, as most of them are registered in the early years on the chin. Also take into account the time it takes to set up affiliation with a broker (if you are taken up with no sales experience and no on-site relationships), licenses, blue skies, contracts with managers, etc. Last thing is that the funds, which are generally very well covered by other 3PM, intro teams, in real estate distributors, RIAS, consultants and other general sources (especially if they are top performer, have long records and solid teams/infrastructure), in which case they don`t want you to be these fees (which are exactly btw. Last thing is managers are hesitant to work with distributors without success, experience or relationships on the spot, so these guys signing up with you is not an easy performance. It`s not impossible, but it`s not easy either. It took me 4 years to lift my first 80m, work mine and lose my >. In retrospect, I think going somewhere in the house and building a Rolodex, learning about his dime and learning about his degree is a better way to do it; but no remorse, if you go for them if you are relentless and look all the above. Good luck. How long does it take to see the results? If you want to close with dollar investment results, then usually 6-12 months for hedge funds is a reasonable time frame.
If the TPM has an HNW episode, the assets could sink immediately. However, multi-level marketing is necessary to recruit affiliates for the company to succeed. Related companies need to provide business owners with a diversity in investment cash flow. Another concern would be that your fund is in the process of sinking. You could lose customers who have put their trust in you, and maybe even give you a bad representative. Won`t this make it even more difficult to raise funds in the future? Yes, it is very dominated by women. They will most often find only men in the higher IR roles in which they have been there for some time (since the 1990s).