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Fundraising

How much should you pay a broker dealer to place funds for their wealth management clients into your fund?

Asked by:
Community Member
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Jan 22, 2024
1 answer
Accepted Answer
Jan 22, 2024
0. Avoid working with broker dealers. They struggle to place LPs in emerging manager funds due to the risk and red tape. In addition, their fees are too expensive for emerging managers with small funds and because they are usually due on placement, they rarely align with a fund's capital call schedule. 

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