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?
Barbara, thanks for response. Bob Ford From my Kindle On July 12, 2025, at 6:51 AM, "Barbara Preneta via bivio.com" <user*28224800001@bivio.com> wrote: Bob The West Hartford, CT branch says that they will work with us and can transfer to members who have Schwab accounts.A Barbara ...
We have a member withdrawing. What documentation do we need for this? We will have it in the meeting minutes but what else does the club of the member need to show that she has officially (legally) left the club and has no fiduciary responsibility?
The Fairfax Public Library has changed its rate for Non-Resident Subscription. Before it was $27/year, now it is $50/year or $75/2-years or $100/3-years.A Unfortunately they did say that the Value Line is different than it was before.A Before you could get a copy of a ...
I have a question for which I would appreciate any comments or insights on: Our club is about 5 years old and based in Texas, where we have no individual income tax requirement or requirement that investment clubs file a state tax return. We are ...
To clarify my question, I am looking for partnership agreement language as it relates to the "valuation date of member payments", NOT the valuation of the club portfolio. This is something I discovered for the first time in many years when doing the audit this ...
Like many clubs, we are planning to closedown this year. Just members getting older. We are with Schwab with checking privileges. Obviously, it is simpler to sell everything and distribute the cash. But some members have large capital gains and would prefer stock. I have ...
I have just created a new club and just created a brokerage account through fidelity for us to trade. I'm trying to connect to bivio via account sync, but it says invalid username/password even though i know the login is correct. I've seen info about ...
I just tried to make a trade in our club's account (at Schwab) and received a message that the purchase order was blocked for this account. The account had sufficient purchasing power to make the trade. When I spoke with a representative, I was told ...
Our club partnership agreement does not include language for a valuation date for member payments. (I have read numerous previous messages and discussion about it on Club Cafe.) We will be discussing this and deciding what we want to use for the valuation date at ...
We are an older club and members have come and gone.A We have two original members and two others A that joined shortly.A Four of us own 70% of the club assets.A As club treasurer it does concern me a little bit.A Should we just ...
My investment club originally had an account with e-Trade. Everything was fine untill Morgan Stanley purchased e-trade. The fact that morgan stanley misled us all, the waste of time spent trying to correct what they deemed inadequate, their lack of communication, and leading us all ...
All, I recorded a cash and stock withdrawal separately, because they were done in two separate months. I need to delete the stock withdrawal and re-enter it to include fees that were deducted. I assume I can just delete the stock withdrawal in the transaction ...
My club of almost 24 years recently disbanded and the remaining 4 partners (including me) took our full withdrawals in stock. I have been the Club Treasurer since we formed it. Can someone please point me to where I can get some information concerning how ...