Hedge Fund Conference Hedge Funds Cost >$200,000 A Year To Operate?

Hedge funds cost >$200,000 a year to operate? - hedge fund conference

Is that correct? Can I just by accountants / tax?

http://money.cnn.com/magazines/fortune/f ...
Basic needs

First, he must create an attorney, contracts, and such investor at a price of $ 400 per hour, or $ 30,000 per year. Gotta another, are an auditor ($ 30,000 per year) and an accountant (ditto).

A buyer of back-office services to things like communicating with shareholders avoid as much work as $ 75,000 per year - from a representative of the conference, the staff in India has been selling half.

Including the cost of trade through a brokerage. The exhibitor uses Bear Stearns and Goldman Sachs as a clearing broker. ( "If we can use you make Bear and Goldman names in promotional materials. It really is a legitimate one," said the salesman.)

Then came the voluntary compliance of the consultants ($ 15,000-ish), which would obviously cancel. We are talking $ 200,000 just to get there!