Offering Advice & Services to Traders | Investors | Funds
Customer Testimonial Hannah and her team were knowledgeable, professional, and a pleasure to work with; having access to their expert help is indispensable in forming an incubator fund or hedge fund entity at a very reasonable cost and time frame. D. Rxxxn December 21, 2011
Incubator Hedge Funds An incubator hedge fund set up by us is the least expensive and most flexible hedge-fund business plan around! We can form your incubator fund for $2,000. Incubator funds cost less than fully formed hedge funds - which cost $12,000 - because performance and management fees are not paid to the fund's investment manager and general partner. The incubator hedge fund is seeded with your own money. Click Here for a Free Consult The advantage of our incubator fund strategy is that you generate a trading performance record now while allowing you to complete the full-fledge set up of your hedge fund later. We pioneered development of the incubator fund in the United States. Click Here to Learn More About Incubator Hedge Funds
Customer Testimonial I had a tremendous experience with Hannah and the Capital Management Group. They were timely, courteous, and extremely knowledgeable; and, if Hannah was busy, Michelle made quick work to resolve my problems. I will invariably use CMSG in the future for all my hedge fund needs! I can't thank Hannah enough for making my dream of a hedge fund come to fruition. William B Hoagland, Trend Discovery Capital Management. July 06, 2011
Contact Us today for a free consult as to how to update your existing hedge fund offering documents to reflect current law. In this industry, price does not correlate to quality. In 2011 there increase in hedge fund service providers (brokers, administrators, accountants and attorneys) offering formation services and preparation of private placement memorandums and other legal documents for both investment managers and hedge funds, many of them are not qualified to draft them and draft them incorrectly. Contact us for a free consult before committing to any hedge fund service provider. Click Here to Learn More About Offering Documents.
Attention state registered investment advisers--your home state may or may not adopt the new SEC definitions. Be very certain of your performance and management fee calculations in 2012. Click Here to Learn More About State Registered Investment Advisers requirements.
Customer Testimonial Hannah and her team are experts in their field of offshore funds. The expertise and care to think ahead of all the specific issues I might have as a client are greatly appreciated. Capital Management Services Group applies a no-nonsense and straight forward business approach to a complex maze of international rules and regulations. I'm pleased to have them on my team and certainly recommend them to any professional looking for guidance in the hedge fund industry.Andre Voskuil, DutchOracle Capital Ltd. December 28, 2011
Offshore Hedge Funds The BVI incubator hedge fund is an excellent alternative to a full-fledged offshore hedge fund. It can be changed readily into a fully regulated hedge fund at any point and remains the ideal approach to starting an offshore hedge fund. We are one of the leading hedge fund law firms assisting new hedge fund managers. Click Here to Learn More About Starting an Offshore Hedge Fund Hedge funds should be aware of possible international filings if either they own an interest in a foreign entity or have an investor who is a non-U.S. taxpayer. Non-compliance with international tax filings could result in significant penalties. For example, a penalty for late filing of a return could be as high as 25% of the unpaid tax. In addition, FATCA requires non-U.S. financial institutions and non-U.S. entities (including offshore investment funds) to provide information to the IRS identifying U.S. persons invested in non-U.S. bank and securities accounts. Click Here to Learn More About Hedge Fund and Trader Taxes
SEC Registered Investment Advisers The United States long required its investment advisers to register with the Securities and Exchange Commission (SEC), but exempted advisers with fewer than 15 clients. This exemption no longer exists and as a result, many unregistered investment advisers must register with the SEC or their home state in 2012. However, exemptions from SEC registration and state investment adviser registration remain. Click Here to Learn About the Single Family Office Exemption and the Foreign Private Adviser Exemption.
All SEC registrants must file an amended Form ADV by March 30, 2012. Any mid-sized adviser that is ineligible for SEC registration for failure to meet the $150 million assets under management test must withdraw its registration by June 28, 2012 and transition down to state investment adviser registration. Click Here to Learn About SEC De-registration
State Registered Investment Advisers If you manage asset under $150 million and are exempt from state investment adviser registration, you may be required to file modified Form ADV with the SEC as an Exempt Reporting Adviser. Are you in that category? Contact Us for assistance! Many states, such as Wyoming, present unusual investment adviser registration options. Learn More About State and SEC Investment Adviser Registration
The SEC and many states allow performance fees to be charged only to qualified clients. In 2011 the Securities and Exchange Commission (SEC) changed the definition of a qualified client. Click Here to Learn More About Qualified Clients.
Customer Testimonial Hannah Terhune and her associates have provided legal advice and services to me for over a year. She provided initial guidance to help determine the kind of fund most suitable for my goals, created the legal documents that are the framework for my hedge-fund, and assisted with ADV submissions to register my company as an Investment Advisor. I continue to rely on her for ongoing compliance issues in this complex and dynamic industry. I found Ms Terhune and her associates to be extremely knowledgeable and helpful in a very responsive way, with friendly and professional manners. Overall a very good experience. Highly recommended. Marty Cawthon ChipChat Technology Group
Forex Funds and Forex Managed Accounts If you operate a forex fund, or you provide forex trading advice and charge a fee for those services, you are subject to the U.S. Commodity Futures Trading Commission's (CFTC) regulatory framework. CFTC regulations put you on an equal footing with commodity trading advisors (CTA) who trade on-exchange commodity future and option contracts. If you are based in the United States, or if you have U.S. customers, CFTC regulations require that you register with the NFA and meet the disclosure, record-keeping, reporting, and other requirements. Learn More About Starting a Forex Fund
SEC Form D and State Blue Sky Filings for Hedge Funds Hedge funds operating under to the Security and Exchange Commission's (SEC) Regulation D, must file Form D with the SEC annually. The sale of a hedge fund interest to an investor in any state triggers state reporting requirements for the hedge fund and these filing requirements and filing fees vary from state to state. In some states, the hedge fund blue sky filing must be renewed annually. Click Here to Learn More About Form D and State Blue Sky Filings
The SEC and state blue sky filings apply whether or not you are registered as an investment advisor, and even if your hedge fund trades forex or commodities. DO NOT overlook or ignore applicable federal and state filing and/or reporting requirements. Click Here for a Free Consult
Customer Testimonial I would like to state unequivocally that I have had a completely positive experience in dealing with Capital Management Services Group. Truly, from the first phone call that I made to Capital Management, to the conference call that was arranged with Hannah Terhune, the time she took in answering all of my questions, and, finally, to the follow-up by Amy Hong. My case involved the establishment of a Forex Incubator Fund, and was thoroughly handled. Hannah Terhune responded promptly to my subsequent phone calls and Amy Hong is absolutely 100% efficient. I, certainly, plan to enlist Capital Management's services for my legal needs in the future concerning fund management. I would rate my experience and results 5 out of 5 stars! Totally satisfied, Rxxxxxx Sxxxx, September 22, 2010
Managed Futures Trading and Commodity Pools If your hedge fund trades in futures contracts, commodity options (including options on futures contracts), leverage contracts involving certain precious metals, futures contracts and commodity options traded on a board of trade, and/or foreign futures and foreign options; then, your hedge fund is a commodity pool. Unless you can operate as an exempt commodity pool, you need to register as a commodity pool operator (CPO) with the NFA. Learn More About Starting a Commodity Pool
Hedge Fund Sales Yes, your hedge fund can have a website, and so can the fund's investment manager; both subject, however, to certain restrictions. Among the professional services we provide are practical ideas on how to find investors and clients without breaking rules that restrict or prohibit advertising. We can also show you how to use due diligence procedures to police your own operations, and incorporate our free due diligence checklist into your hedge fund development. Learn More About Hedge Fund Sales
Leading Media Content on Hedge Funds and International Tax Planning Read instructive articles on hedge funds and international tax planning by Hannah Terhune, a leading hedge fund and international tax attorney. Hannah's articles will advance your knowledge and understanding and have been embraced worldwide as a definitive and reliable source of critical information. Click Here for Articles on Hedge Funds and International Tax Planning
Customer Testimonial Subject: Thank you - Money Science Your explanation of how to start a hedge fund is so clearly stated and easily understood. This should be a chapter in a high school text book or at least minimum college reading. I read it with interest in potentially starting my own hedge fund. I fall within the scope of "Hedge Fund Incubator". I know this article is a few years old but again well worth reading. I may seek your services and have since bookmarked your page. Thank you again. Jxxx Xxxxx January 6, 2012
U.S. Company Formations The United States is the top tax haven in the world. We provide company formation and registered agent and registered office services in Wyoming, Florida and Delaware, both of which are ranked in the top 10 U.S. states considered best for business. People seeking to start a new business wonder whether they should incorporate the new business in Delaware. There are good reasons for incorporating in Delaware! Click Here to Learn More
Hedge Fund Taxes, Administration & Audits Consider how you are going to handle the fund's administration. We can help you with your taxes, back office book keeping, and audits. Our work product includes detailed NAVs, performance records, brokerage statement reconciliation, and much more for a reasonable fee. Why not focus on what you do best and trade? Learn More About Hedge Fund Taxes, Administration & Audits
Customer Testimonial I wanted to thank you and your staff for the professional and timely services that you provided in setting up a CTA business. As an individual trader for almost 20 years I have a full grasp of markets but had very little knowledge in setting up a trading business for clients. Everyone at your firm was extremely friendlyand helpful in giving me guidance in this new startup. Your prices were fair and while I looked at different firms to handle the process yours was head and shoulders above the rest. Thanks so much, Sxxx Sxxxr Managing Partner Sxxxxx Capital Management LLC. June 18, 2010.
Why Hire Us? We advise individuals on hedge fund startups worldwide. We are experts on investment adviser law, hedge fund law and forex and managed futures fund law. We handle state investment adviser registrations, SEC investment adviser registrations, U.S. hedge fund formations, foreign hedge fund formations, forex fund startups, managed futures fund startups, commodity pool formations, NFA registrations, international hedge fund formations, and investment manager registrations in many countries.
Customer Testimonial Hannah, With the closing of our first milestone, I thought it necessary to send a note thanking you and your staff for helping us to get our fund launched successfully. Without your expertise, care and introductions to your network of professionals, I sincerely believe that we would not have been successful. You were with us every step of the way, and your personal care and attention to our specific needs gave us the solution we needed. It was wonderful working with you, and I look forward to doing the same in the new year. Best wishes and a Happy New Year! As always, best regards, Dxxxx
More Reasons to Hire Us When you engage us for hedge fund you get a unique combination of securities, tax, and international experience, focused on the trader niche. We have established a leadership position with traders. We are one destination for all your very special hedge fund and trader tax needs. We think we have the best set of offering documents based on the current and ever changing federal, state and offshore securities, commodities, and tax laws. We aim and deliver quick turnaround times, because we understand that our customers want to begin their money management business as soon as possible. We conceive, structure, and deploy the best tax saving strategies into your hedge fund vehicle (for the benefit of the manager and their investors) and your management company. Investors value tax-savings strategies and we utilize all our special knowledge and ideas in this area. Our customers value our one-stop relationship. We will help you start your business and continue to assist you. Our tax services division handles accounting, software, and tax compliance, including all tax matters (tax planning and tax returns). Only one thing counts with us and that's our customer relationships!
CapitalManagementServicesGroup.com is recognized by discriminating fund managers and traders as being the foremost tax and legal authority in the business. Attorney Hannah Terhune's education and experience are unsurpassed in the area of hedge funds creation and management platforms, and the complex body of tax laws related thereto. Ms. Terhune's exensive knowledge and experience have made her an indispensable resource for serious fund management and trading professionals. Ms. Terhune's articles on the subjects have appeared in over 100 publications worldwide. Chances are, if you have read about the above matters, Ms. Terhune has written about them. Give us the opportunity to use that knowledge and experience for you. CMSG provides the best services and support needed for hedge fund projects and associated activities in one convenient place, saving you time and energy. No need to coordinate work between different firms; we handle the entire process from start to finish. We offer hedge fund and money management accounting, tax services, tax preparation, consulting, entity and retirement plan formation services. Our professionals provide the highest quality services at competitive rates. But don't take our word for it, give us a call and let us prove what we can do for you. Read our Customer Testimonials and learn more About Us.
Personal Consultations and Fees You get answers to your specific questions by speaking directly to Hannah Terhune, an experienced hedge fund attorney. Ms. Terhune's hard-earned knowledge and experience can be put to work to save you unnecessary steps and costly wasted effort. The consult is an invaluable opportunity to speak to Hannah one-on-one, and learn how to achieve more in less time. As a result, you can anticipate that the return on your investment will far outweigh the costs associated with our unsurpassed services. Of course, fees are a necessary part of the consultation. Ms. Terhune's credentials reflect an invaluable resource that combines a well-informed professional practitioner with sound ethical judgment that cannot be over-estimated. The expertise required to recommend best solutions and provide sound advice should never be taken lightly. We are confident that when you are finished with your consultation, you will be impressed and more informed about your business plans than ever before. Call (307) 213-4732 or Click Here to Request Services.
Our Commitment Henry David Thoreau wrote: "Do not hire a man who works for money, but him who does it for love of it." We are committed to your business plans and bringing you the best possible options. We are an established and internationally recognized business that serves and educates our clients throughout the industry. We do this by striving for the best results. Above all, we are a law firm. A lawyer is a philosopher and role model. The ability to improve our clients' lives is a privilege that we do not take lightly. There is tremendous power in being able to effect a positive change in our clients' lives. Our aim is to welcome our clients and to provide a comfortable, warm environment for all. We believe that making our clients feel comfortable and confident with the process provides the basis for a constructive relationship built on mutual trust. time. Thanks for visiting our website. We hope to have the opportunity to serve you.
