Best Brokerage Company
@Dave Nathanson
Can you elaborate on the "Hawaiian Shirt Society"?
Peter Dunkelberger
We are with Etrade, who has always treated us as if we are a valuable client. Bivio syncs with Etrade so it's all good.
Best,
Dave Nathanson
Hawaiian Shirt Society
> On Jul 2, 2018, at 3:44 PM, Allen Clark via bivio.com <user*37179400001@bivio.com> wrote:
>
> Hello,
>
> My investment group is Affluent Alliance LLC. We were wondering which brokerage company has the best service. We recently signed up for Bivio and were trying to decide. Any help would be most appreciated! Thank you!
Bob,
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
Most brokerages, i do believe, will allow you to change signatories, but some will require partnership approval, i.e., a copy of the minutes approving said change, name, rank, serial number, and signatures of all the partners. Bureaucracy reigns with the brokerages. As an alternative, get a signature stamp and use it forever.
Peter Dunkelberger
Bob,
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
Sorry to barge in on your conversation but how do you get a signature stamp. Our club has numerous brokerage firms and it took me numerous signature medallions, letters of instruction and all kinds of things to get everything changed to me. It was such a hassle. Each one wanted something different. The previous treasurer died of cancer.
Lorna
Sent from my iPhone
Most brokerages, i do believe, will allow you to change signatories, but some will require partnership approval, i.e., a copy of the minutes approving said change, name, rank, serial number, and signatures of all the partners. Bureaucracy reigns with the brokerages. As an alternative, get a signature stamp and use it forever.Peter DunkelbergerBob,
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
Right. The first time is truly a hassle. But going forward you can use the stamp for simple things like signing checks. Looks at the checks you get from most companies--they are not signed by hand but by an "autosigner". The signature stamp can be used until the club decides to change brokerages, or whatever. Many companies us them. The main (or only) check signer leaves, and then what do you do? At least if you have the stamp it can be used until you need to change things.
Below is an ad from Vistaprint for a signature stamp.
Sorry to barge in on your conversation but how do you get a signature stamp. Our club has numerous brokerage firms and it took me numerous signature medallions, letters of instruction and all kinds of things to get everything changed to me. It was such a hassle. Each one wanted something different. The previous treasurer died of cancer.LornaSent from my iPhoneMost brokerages, i do believe, will allow you to change signatories, but some will require partnership approval, i.e., a copy of the minutes approving said change, name, rank, serial number, and signatures of all the partners. Bureaucracy reigns with the brokerages. As an alternative, get a signature stamp and use it forever.Peter DunkelbergerBob,
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
We've had good luck with TD Ameritrade--- good support, statements and tax documents available on schedule. The only issue is when you change Club officers and want to make the change in TDA, it's a very onerous process.
Denny McCarthy
> On July 2, 2018 at 6:44 PM "Allen Clark via bivio.com" <user*37179400001@bivio.com> wrote:
>
>
> Hello,
>
> My investment group is Affluent Alliance LLC. We were wondering which brokerage company has the best service. We recently signed up for Bivio and were trying to decide. Any help would be most appreciated! Thank you!
Denny McCarthy
> On July 2, 2018 at 6:44 PM "Allen Clark via bivio.com" <user*37179400001@bivio.com> wrote:
>
>
> Hello,
>
> My investment group is Affluent Alliance LLC. We were wondering which brokerage company has the best service. We recently signed up for Bivio and were trying to decide. Any help would be most appreciated! Thank you!
Oh! I see. I thought you meant something the bank guarantees. But good idea. Thanks. Lorna
Sent from my iPhone
Right. The first time is truly a hassle. But going forward you can use the stamp for simple things like signing checks. Looks at the checks you get from most companies--they are not signed by hand but by an "autosigner". The signature stamp can be used until the club decides to change brokerages, or whatever. Many companies us them. The main (or only) check signer leaves, and then what do you do? At least if you have the stamp it can be used until you need to change things.Below is an ad from Vistaprint for a signature stamp.Sorry to barge in on your conversation but how do you get a signature stamp. Our club has numerous brokerage firms and it took me numerous signature medallions, letters of instruction and all kinds of things to get everything changed to me. It was such a hassle. Each one wanted something different. The previous treasurer died of cancer.LornaSent from my iPhoneMost brokerages, i do believe, will allow you to change signatories, but some will require partnership approval, i.e., a copy of the minutes approving said change, name, rank, serial number, and signatures of all the partners. Bureaucracy reigns with the brokerages. As an alternative, get a signature stamp and use it forever.Peter DunkelbergerBob,
My Model Club has challenged the idea of only the person that opens the account can write checks. Our first treasurer (who opened the account) is no longer a partner and has nothing to do with the Club any longer.
Our new treasurer can write checks as can an alternate (our president).
Joe
> On Jul 2, 2018, at 9:10 PM, Bob Mann via bivio.com <user*12614800001@bivio.com> wrote:
>
> My club has been with FolioFn for a number of years. If you're a BetterInvesting club then there is no annual fee or trade fees. One downside is that checks can only be written by the person who opens the account.
>
> Bob
We were with Scottrade for almost fifteen years until they recently were taken over by TDAmeritrade. TD is fairly new to us and the transfer of information in the merger was not too bad to figure out in our books with Bivio. It has been just a new learning curve being with a new stock broker. So far so good!
David Owen
Irvington Investors
Sent from my iPad
Sent from my iPad
On Jul 2, 2018, at 8:33 PM, The Risdall Trust dated October 21, 1994 via bivio.com <user*22898700001@bivio.com> wrote:
Been with TDAmeritrade for many years and it has served us well. I recommend them to all my friends.Roger
-----Original Message-----
From: Dick Lewis via bivio.com <user*30211200001@bivio.com>
To: club_cafe <club_cafe@bivio.com>
Sent: Mon, Jul 2, 2018 4:48 pm
Subject: Re: [club_cafe] Best Brokerage Company
We've been with TD Ameritrade for 20 years. We're very satisfied with their services.Dick LewisGMICSent: Monday, July 02, 2018 6:44 PMSubject: [club_cafe] Best Brokerage CompanyHello,
My investment group is Affluent Alliance LLC. We were wondering which brokerage company has the best service. We recently signed up for Bivio and were trying to decide. Any help would be most appreciated! Thank you!