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ThinkBIG
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Quote ThinkBIG Replybullet Posted: 16/May/2008 at 6:28pm
Basantji - What are the legal requirements to start up PMS services. Does it need any license or anything else. Registering the company would definately be required. Kindly share your knowledge and findings !
 
Originally posted by basant

I am interested to start a 2/20 PMS. Anyone interested to invest his money?
 
 
DISCLAIMER: I might be buying/selling the index/stocks that I discuss - so kindly know that I have vested interests in whatever I write
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basant
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Quote basant Replybullet Posted: 16/May/2008 at 6:37pm
I am not sure since I am in the exploratory stage only.Wink
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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chic_1978
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Quote chic_1978 Replybullet Posted: 16/May/2008 at 6:57pm
I am not sure since I am in the exploratory stage only.Wink
================================================
 
Basantjee kam ho gaya aapka....ghar bhete bhete business shuroo go gaya......u r pakka marwari yaar.......WinkWink by the way if u hv any scheme for references....then pls let us know.....
happy & wise investing
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Mr. V
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Quote Mr. V Replybullet Posted: 16/May/2008 at 8:23pm
In a PMS is it required to maintain separate accounts for each client  or can one pool it all into one single pot ?
 
How is an investment partnership different from a PMS ?
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aloksahi1971
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Quote aloksahi1971 Replybullet Posted: 16/May/2008 at 10:20am
Basantji are you serious with regard to this PMS stuff. What is the lock in period envisaged and yes security that the funds will not be............
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chic_1978
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Quote chic_1978 Replybullet Posted: 16/May/2008 at 11:31am
In PMS it is mandatory to maintian seperate accounts of individual clients....normally both the demat & trading a/c's are with the same broking house to avoid the hassels of instruction slips.
 
In PMS clients should preferably have web access to their accounts to keep track & shud opt for email contract notes & demat details.
happy & wise investing
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SORUB
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Quote SORUB Replybullet Posted: 25/May/2008 at 4:02pm
the best business i could think of is puting up small sandwhich shops(100sq.f) infront of every IT park...can make 50% on every piece. competition can be managed by low price
K.I.S.S(keep it simple silly) is the most easy management formula i ever came across!!! but it is very hard to follow!!!
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snehaldani
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Quote snehaldani Replybullet Posted: 26/May/2008 at 2:12pm

One of the businesses with no limitations of installed capacity and extremely high ROE is High end broking. ( Any underlying asset, not necessarily financial assets only ). The typical size of the transaction in the high end broking is at least 25/50 crores and that is just for the starters.

The core competency has to be the right background, right network, right presentation skills and the ability to slug it out on a long term basis with single minded devotion. Like investing, here also , you do not have to have a deal every day/week/month and even one deal a year could be highly rewarding.
 
Of course, this is not every one's cup of tea.
 
 
Snehal P.Dani
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