Folio set up | Spoke Fund ®

	trond24	0
	Hi Cale, Thanks again for the website - what a great compilation of info for a newbie! I pretty much took a couple months OFF - fun to spend a summer with the kids and simply be around them. I studied a bit for the 65 but really took slacking to a new level (for me). I'm about a week away from contracting with RIA-in-a-Box and getting going. I think I'll be basically re-reading the whole "newbie" thread again in the next couple days!I want you to know I let Steve and Zach know I was going with them because you recced them. I have a couple things I wanted to ask you and the board about... 1. FolioFN: should I contact them NOW or wait until I am officially an RIA? I've seen some posts here demonstrating a difficulty getting hold of the correct (institutional?) group and setting up the fee breakpoints you achieved for your Spoke Funds. Any contacts there? 2. I will probably be offering a more trading oriented growth fund as well as a value fund. I hate even saying "trading oriented", but gotta call a spade a spade -- there are a number of stocks I follow (biotechs) that have specific milestones or catalysts, and not taking advantage of those events would cause me some emotional damage. :-) I'm wondering if having two models of such a growth fund makes sense - one where I'd steer all IRA-type accounts and one for non-tax-deferred accounts? That way I could at least try to manage taxes for the non-tax-deferred accounts. 3. I have four-and-a-half years managing a marketocracy.com (fake) mutual fund - with a ~20% annualized return. This will be a major piece of the initial marketing of myself, as the site has rules about diversification, etc. Any thoughts on how to use this in advertising / marketing? 4. I will be starting out in large part with the "small fish". Thus, I'm looking for ways to moderate the impact of the 1.25%/$100 Folio fee - not having to subsidize folks. Is there some legalese that could be used, for example, "the greater of $100 or 1.25%" ... ? Most of my friends and family would have no issues paying $100 a year even on a $5,000 account, even knowing it works out to 2% a year. Thanks again for your time over the spring with my previous questions. Regards, Trond
	Sun, Jul 24 '11 at 4:56PM EDT	Post 1 • IP

	plandfreedom	0
	I just signed up with Folio per Cale's rec. I got them down to 25 bps or $150, whichever is greater. My fee will be 75 bps, so no more than 1% for the folks who... ...Have at least 60k to invest! Still wondering whether to subsidize or not, and how to do it in Folio. Cale, I hope you cover this in your conference.
	Fri, Jul 29 '11 at 11:52PM EDT	Post 2 • IP

Folio set up33