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MenuCan owners trade stocks to an LLC or does that require licensing?
So lets say me and a friend want to partner our trading skills in a new LLC to help grow some capital. I fund the initial capital for the business since I have the funds to do so, but we both are trading from the stock accounts we open through the business, and we both benefit from the profits at a 60/40 share (I own 60% of the company he owns 40%). Do either of us need any licensing to do this?
My understanding is we would only need brokerage type licensing if we were accepting money from people who are not owners in the company, is this correct? My understanding is that because we are not managing other people's money besides the capital that is in the company, that we don't need any licensing to do so, but I want to make sure that is…
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Stock Management:
Financial Advisory, Trading
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