Below is a recent question that I have received often via email:
What licenses should a hedge fund marketer hold? I have heard that one should have their series 7 and series 66, is this true? Also, what licenses should I hold if I am going to be marketing my firms separate account business and mutual fund as well as their hedge fund? Thanks.
My response below:
I don't think you will find many responses to your question online - most professionals are afraid of being seen as providers of legal or license-based advice over the internet. I would check with a broker-dealer, security lawyer or compliance officer in the industry for your exact situation.
That said, in the past I have had one employer swear up and down that you hardly ever need a securities license to market the investment funds he worked with...but most professionals that I work with agree that you do need to be licensed for most types of work. The more professional and established a group is, the more likely they will be licensed. Why loose an account or client over not being licensed?
Hope this helps - good luck and lets keep in touch.
Read more about hedge fund marketing within our Guide to Hedge Fund Marketing & Sales or learn more about third party marketing by visiting http://ThirdPartyMarketing.com.
Related to Hedge Fund Marketing Licensing Requirements
- Hedge Fund Pitch Book Marketing Materials
- Combatting a Battered Image of Hedge Funds
- Hedge Fund Public Relations
- Hedge Fund Seed Capital
- Marketing Hedge Funds to Financial Advisors
- Hedge Fund Media Exposure
- Family Office Database Databases Available
- Hedge Fund Advertising & Marketing Restrictions Ideas
- Hedge Fund Marketing Plan
- Raising New Hedge Fund Capital During the Crisis
Link to This Resource: Hedge Fund Marketing Licensing Requirementshttp://richard-wilson.blogspot.com/2009/04/hedge-fund-marketing-licensing.html