Total cost to launch a hedge fund! #shorts

How much do you need to launch a hedge fund? So in general, you'll spend about $15,000 to $30,000 for legal fees, number one. Number 2, your custodian or brokerage where you house your funds will cost you, for us, about $10,000 a quarter, so $40,000 a year. Additionally, insurances that you wanna use, those will run you depending on your size of your fund, anywhere from $5,000 a year to $30,000 a year. Annual audit will cost you anywhere from $10,000 to $30,000 a year. Paying for a third-party admin to check your numbers will be anywhere from $2,000 to $7,000 a year if you're a small hedge fund. Additionally, if you want, you can pay for coaches and advisement staff that will range anywhere from maybe $20,000 to $100,000 a year. So all in all, for one year, you're looking anywhere from $120,000 to maybe $200,000 a year. Again, for a hedge fund that's around a $10 to $20 million hedge fund.