Developing Track Record?

Doesn't really count until it's someone else's money, or a substantial amount of your own [i.e. if your PA is $20K and you've returned 50% for the past 3 years it's much less of a big deal - for whatever reason - than if you made your $1M turn 20% annuallized over the same period.]

It would need to be audited if you were serious about it and also it would have to be serious sums of cash (relatively) for a personal account. Nobody cares if you can make 100% return a year on $1,000.

Thanks for the responses. What about something in between, like managing mid 5 figures money for friends/family? The specific structure I had in mind was IB's Friends and Family Group Accounts, but I'm sure there are others as well.

A lot also depends on your structure. If you're a fully setup fund, being five figures for a brief time might be ok, but a more informal arrangement is not going to be worth much. If your goal is just to get a job somewhere, the full setup probably isn't worth it since you're basically just using this as a talking point in an interview right? If the ultimate goal is for this to turn into a money management business, spend the money now and get the setup in place now and not later.

In order for a track record to be legitimate enough to be presented legally on a PPM or pitchbook, it needs to be audited. Many managers generally set up an incubator fund with administrative and auditing support for a few months with their own capital to develop a credible record before showing prospective investors. The more you manage your money like a business, the more legitimate it will be, as anyone can forge a track record.