As a result of Folio ousting investment clubs, we have had to find a new broker at year end and in a pandemic.A Our club has also made the decision to open a local bank account for members will set up their recurring deposits.A The ...
I also spoke to both of the companies and they confirmed that the integration of the individual accounts will be between three and five years out. The "think or swim" platform will be kept. The first changes that are planned for later this year is ...
I just spent about 45 minutes (15 of which were in a wait state) in an online chat with a Schwab "investment professional" about investment clubs and their legal structure about 1) new partnership/club accounts and 2) what to expect when we are transferred to ...
See here for the most recent VL on Apple 3-7% annual total return projected, a positive report, with an ominous warning a "full valuation" requires deferral of "new commitments". APPLE INC. NDQ-AAPL TIMELINESS SAFETY TECHNICAL 3 1 2 Lowered 11/27/20 Raised 4/17/20 Lowered 12/18/20 BETA ...
We have run into problems transferring our account from Foliofn and may face the automatic transfer to Interactive Brokers; can this account be synced to Bivio? We thought we could move to Schwab but can't get a cash account there, which is a messy complication. ...
Hello, Just wandering if any one has suggestions about following stocks at a glance for monthly meeting. Also what criteria we absolutely should look for? Any suggestion is welcome. Sent from my iPhone
Our investment club is in the process of re-locating from Foliofn and possibly can be "grandfathered?" into Schwab as a partnership (and on the grounds of individual account balances) but we are confused about the availability of check-writing services. Do you clubs with Schwab enjoy ...
Our valuation date was 30 Sept. I the treasurer am still on Dec 18 (13 days from end of calendar year) fussing with checks and withdrawals and the like since, despite Bivio recommending otherwise, and me conveying to club members that transferring stock on club ...
We aren't quite ready to disband but the topic came up. Members would like to divide each stock among the members. Is this reasonable? We would start to make sure the number of shares of each stock is divisible by the number of members. I ...
Fellow bivions, We annual audit the books of our Club with two "Disinterested Partners." With the virus we are doing everything virial ie., Zoom, Go2Mtg. etc. So, how do we do a virtual audit? I am open for suggestions. Larry Reno Director Georgia Chapter of ...
Our club is considering investment in NEXCF (Nextech AR Solutions Corp) which is registered in Canada and is not listed on US Exchanges (OTC only). Over the years I have heard clubs and Bivio representatives caution about investing in OTC foreign registered stocks due to ...
Our club is in its infancy, and we are registered as a general partnership in Texas, a no-state-income-tax state. It was established as a club for family and extended family members but we were skittish about encouraging non-Texas membership, and we currently have no members ...
We have members make a full withdraw from our Investment club and I was wondering at what time do we remove them from Bivio email and access to our Bivio account. Or is there a way they they will only have access to retrieve their ...
How do clubs manage current signatures on their PAs? Ours is out of date and we need one with current signatures to provide for a new broker. I was just wondering how you handle that in your club? If you have to redo all the ...
Ita€(TM)s a California tax https://www.ftb.ca.gov/file/business/types/limited-liability-company/index.html On Tue, Dec 8, 2020 at 11:50 AM Charles L Tatum, II via bivio.com <user* 38654200001@bivio.com > wrote: I was unaware of that.A Is there no provision for investment clubs.A We are not a business.A Other than capital gains taxes ...