Question by n k: What kind of investment company is right for me?
I’m doing well in stock market, I would like to open an investment company (home base business). There are many options, but I don’t know which one is the best for me.
I live in Pennsylvania; I also look for something that allows me to deduct the most from tax.
Best answer:
Answer by financegal27
Well Ameriprise and LPL are good options, however you can’t just open a investment company with out having the appropriate certification and licenses. Depending on what types of services you will be offering at minimum you will need to because a registered investment advisor to charge a fee for service. If you tend to sell advice you will need to get NASD licenses either 6 or 7 as well as a 65.
It would be helpful if you provided some more information on what exactly you are planning on doing though.
What do you think? Answer below!