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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?
4 messages
Two brokerage accounts & brokers simultaneously?
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 ...
1 message
Selling all and starting over
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 ...
21 messages
Disbanding
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 ...
12 messages
Charles Schwab and Stock Transfers
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 ...
13 messages
is there another accounting system or software that we can use instead of bivio ?
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.
7 messages
Closing club
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 ...
47 messages
Stock report
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, ...
9 messages
Valuation Date
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 ...
7 messages
member withdrawing a partial amount.
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 ...
28 messages
Number of stocks your club owns
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 ...
16 messages
Closing club
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, ...
22 messages
membership of broker?
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.
6 messages
Cost basis
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?
2 messages
Another Club closing question
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?
8 messages