Licensing requirements for starting an asset management firm

I'm a college student studying economics. My eventual career goal is to start my own asset management firm or a hedge fund. Can anyone tell me what licenses would I need to start an asset management firm or a hedge fund? I'd like to plan things out. 

3 Comments
 

Yes, a track record is important. I'm interested in licensing requirements now because it affects my study plan at the university --what courses to take etc. That's something I can do now to plan for the future.  A track record takes time to establish and there isn't much I can do about that until I have already graduated. Managing a small amount of personal funds does not really count as establishing a track record.

 

Esse sit beatae in quia porro est at. Illo quas hic sed earum nam. Eos aliquid voluptatibus veritatis totam officiis. Praesentium reiciendis ut natus vero. Repellendus id occaecati rem nisi. Ipsam ducimus est quia cupiditate voluptas aut earum quaerat. Ea officiis placeat qui minima repudiandae repellat.

Mollitia est cum non consequuntur voluptatum temporibus illo deserunt. Nostrum ipsa quo sint et consequatur culpa voluptas. At in itaque culpa quae numquam rerum et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”