I was wondering what are the legal requirements to become a fund or portfolio manager in US? I'm a computer engineer by profession, and I have no degree in finance. I can see, there are many highly qualified engineers who are really bad with their 401k/stock portfolio. Many of my colleagues think I am good at financial analysis and suggested me that I can get at least a million dollars from my colleagues to manage. Part of he reason is, I was able to predict the 2000 and 2008 market crashes with a fair amount of accuracy, and asked everyone to sell their stocks. What are my options as a part time fund manager, with a professional financial degree and without one?