certification or permit to be able to manage funds or give financial advice

I have had to decline managing funds or giving forex advice here in Canada because you need special certification and/or permit to do so in Canada.

Im opening this thread to see if there are countries out there in which you can manage funds and give professional advice without any hard to get certification.

If you know of any, please say here.

If you manage funds or give professional forex advice without certification and have not had any problems in your country, please tell us about it.

Thank you,

Leo

If you're any good at what you do, then what's the problem with obtaining a certificate or a license? Those rules exist to assist those who do not want to learn about investing for themselves.

Many would feel more comfortable if you had the "blessing" of your govt. in the form of some type of certification...why would that make any difference in your advise or your fund management skills...?

Just get the damn license. Unless you're running a Ponzi scheme and want to stay under the government radar...then by all means go "country shopping" for your banking...I hear even Belize is having difficulty now.

If you want people to bring their money to you, you are going to have to have something to make them feel more comfortable about doing it. I know I certainly wouldn't hand any money over to someone who told me, "No I don't have a license or certificate but my operation is in the Caymen Islands and they don't have these requirements...but don't worry your money is safe with me..."

Right...

You're absolutely right.

But you not only need an advance university degree in finance to have certification here in Quebec, I believe you also need to pass exams to become CFA which takes years in courses also.

Its not as easy as it sounds

What about years of experience? results ? I'm sure some countries take that in consideration to give certification. But not here.