#27 Sophisticated Investors Checklist


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Welcome to another episode of the How to Raise Money Podcast. In today’s episode, Ray responds to popular demand to discuss sophisticated investors and high net-worth individuals and how you too, can use his six-point checklist to help identify the sophisticated investors you’re seeking to secure finance from. If you’re looking to raise finance or are frightened of making mistakes when approaching investors this episode is for you. Ray dives into the complete list of checks, that you need to make in order to agree a deal and seal investment. KEY TAKEAWAYS Six point checklist to identify a sophisticated investor or high network individuals. If it is a simple loan or a straightforward transaction the person does not need to be a sophisticated investor for you to work them. However, if you’re offering a share of the profits you are straying into regulated territory and will there forward need to follow this checklist. Do they have a salary of £100,000 a year or more? Do they have £250,000 or more in assets (not including the family home) Are they already a professional investor? A stockbroker or investor involved in finance with a certain level of knowledge around investing? Are they a bonafide investor, angle or dragon already? This could include the investor being involved in boards or forums. Are they directors of a £1 million-plus limited company? Are they a family member or a long-time personal friend? Always remember, the burden of proof is on you, as the person looking to secure investment funds and the poof they give you will need to be kept as part of your due diligence. PS133 FCA (Financial Conduct Authority) place restrictions on the marketing of unregulated investments to members of the public. This is to help you identify a good deal from a bad deal, to protect investors and those seeking investors. BEST MOMENTS “Don’t assume someone is a sophisticated investor” “High Networth Individuals - Individuals holding financial assets with a value larger than £500,000” 360,000 High Net worth Individuals In London 395,000 High Net Worth Individuals In New York VALUABLE RESOURCES https://www.angelsden.com/en-gb/events/ Companies House ABOUT THE HOST Ray McLennan is a keynote public speaker and former corporate solicitor who has many years of experience owning and operating a variety of businesses in the UK and Ireland. Ray is the Regional Manager for Scotland & Ireland for Angels Den, which has over 13,500 high net worth Angel investors that help to find funding for property and SME businesses. Ray also helped to create Property Angels Den (PAD) in Sept 2014, which matches High Net Worth Investors with property proposals of all sizes. PAD now meets regularly and has funded dozens of property projects all over the UK. CONTACT METHOD Ray@raisingangelfinance.co.uk Maria@raisingangelfinance.co.uk Howtoraisemoney.co.uk Nigeltbest.com Send in a voice message: https://anchor.fm/HTRM/message

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