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Originally Posted by vincygal hi my club is interested in opening their own trust fund can u help me with the steps they have to take the responsibilities and how much executive have to be on a board |
If you meant "investment" fund for a group of people interested in pooling their investments, I would consult an attorney to make sure the club is following any rules, laws your State may have. Also, he or she can draft the legal docs necessary to form the club, etc. Might also want to consult an insurance agent for D & O insurance, fidelity insurance. BTW, D & O is Directors and Officers liability insurance and fidelity insurance would protect investors from dishonesty acts by those handling club funds.
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