With the dissatisfaction with several Investment firms, specifically with the distribution of assets to withdrawing club members, is there a list of brokerages that are compatible and integrate with Bivio and are user friendly to partnership accounts?
Like many of you, we aren't feeling the love from Schwab post TDA migration. We're contemplating making a switch to Siebert. One idea was to park our Schwab account and put all new money and investments into the Siebert account. Fidelity hasn't been great to ...
All - I know people will have definite opinions on what my club wants to do, but I really just need to know the best way to do this. We are considering selling all of our stock by the end of the year, disbursing everything ...
Our club is disbanding with the plan to enter all withdrawals in Bivio on 9/25, using 9/24 as our valuation date. Looking at the member withdrawal form, I see that we can check either cash or stocks, not both. What am I not understanding? Is ...
Greetings! Just recently discovered that Schwab does not transfer stocks to an individual or partner's personal brokerage. Although our by-laws stipulate the option of stock transfers or cash, we just discovered that Schwab won't do that. In all the years we have had Schwab since ...
after being shoved into Schwab, our club is looking for a different accounting program as Bivio has become a little steep in price. all ideas appreciated.
Michael Could you please provide the Schwab form number. You are the first investment club that has been able to perform a stock transfer to a member that has reported through club cafe. We have been told that Schwab will not transfer stock from an ...
Does anyone have a 1 page stock report? a list to follow when reporting during a meeting? My club has been lax about reporting and Im trying to get them back on track, but need some help. I thought I saw something in the past, ...
Our Valuation Date is the same date as our monthly meeting which occurs on the 2nd Friday of the month. Normally, this is the date we use for withdrawals. The process is pretty clean when a withdrawal has to do with cash because we simply ...
we had two members who have taken partial withdrawals. one $10,000., 0ne $20,000.we had to sell stock to pay them. a big capital gains for all our members. is there a softer way to handle their request, so that the entire members do not have ...
Hello! We are a club of 12 members. We currently own 30 different stocks having just sold off three stocks completely. Each member is responsible for tracking 2 or 3 and reporting on them from time to time. We're curious to know how many stocks ...
Barbara Have you ever transferred stock to a member who has a Schwab account Our local branch says they will not do. If you have a branch that allows it, would you mind identifying them for reference. Bob Ford From my Kindle On July 9, ...
I think there is a restriction about having a member who is a stock broker, as I am trifling I would like to know the answer from y'll without doing a lot of research.
We have owned one stock since 2000 and this is now with our third broker due to transfer and purchase of previous broker..Schwab now lists the cost basis as 0. The real cost basis is obviously not 0. How does this get worked out?
Our club is now discussing the order and process for closing. One Bivio member suggested withdrawing several members at a time. If we do this, is there a reason why the treasurer would have to be the last withdrawal?