Being a copycat of fishy enterprises

You are in an underground carpark that has signs showing who the car parks are reserved for. You see "<insert fancy name> investment" above lambhorgini 1, aston martin 1, aston martin 2, porsche.

You look for their website, they don't have one.

There is nothing that shows where the money comes from or what they do.

What do you do in those cases to figure out how they make money and how you can copy that?

 

I found more details, like their self-description "The management of own assets and the provision of consulting services. To this end, the Company may conduct all transactions required for asset management or the provision of consulting services, and in particular acquire equity interests in other companies in its own name and for its own account.". Does that mean, they sell and buy shares for clients for a fee?

Can you define?

 

Like Berkshire Hathaway shares vs Montgomery Ward shares.

 

It is hard to tell for sure, but they sound an awful like what is called a "Private Family Office" in the wealth management industry here in the U.S. This would be a small team of financial advisors/brokers that work exclusively for a very small number of extremely wealthy clients. Might just be one investor, in fact, depending upon how much is being invested. These types of firms usually get 300-500 annual basis points (3-5%) of the money that they are managing. So, if they are managing $100 million in assets, they would earn $3-$5 million per year in management fees. Of course, they would be expected to achieve a much higher rate of return on the investment to cover their cost and make a good return for the investor.

 

@jrbiz Do you know people who do this work?

 

Many years ago, I was involved with a technology company that offered solutions to them and other larger wealth managers. But it has been a loooong time and I really have no contacts in the industry, any more.

 

Who could help me out here with first hand knowledge

 

Based on how cheap everything appears to sell on DP, I suspect that most here could be classed as "Bottom-feeders."

 

If you don't know anyone in the field, you have no idea how hard or easy it is. Avoid speculation.

 

Take it like an adult, improve and move on. Don't waste time.

 

You are a disgraceful human being. I stop interacting with you from here on.

 

Well, despite your obvious lack of social skills on this thread, I will provide a bit more info for you. Google "Certified Financial Planner" to see what type of education and certification you would need (here in the U.S.) to get a start on the financial advising business that you are interested in. Of course, that is just to get your foot in the door in this profession. The really, really hard part then will be finding those ultra-wealthy investors who will trust you to invest their funds. It probably will take many years of working in a junior position with an established firm to build up the skills and reputation that will cause someone to believe that you can help them invest and grow their fortune. There is no "quick" formula for achieving the success that you saw being displayed in that parking garage. In fact, the vast majority of the very successful clients I sold to back then all had gray hair.

 

Well, because of your severe lack of social skills, I stopped reading here as nothing of value can be expected from anyone who starts like this.

 

You're not going to hold your breath until you turn blue, are you???