This message is directed to members of clubs based in Arizona. Starting this year, the Arizona Department of Revenue (ADOR) requires partnership returns to be filed electronically unless the ADOR director grants a waiver. The waiver request form (number 292) can be found on the ...
How does an investment club (general partnership) complete section 4 of a W9 when requested by a broker in support of a new broker account for the club? Section 4 applies to exemption from backup withholding and/or FACTA reporting. Exempt payee code (if any)A ? ...
Started my club last year, looking to send an email / letter to friends/family about an opportunity for them to join. Do any current clubs have sample email / letter for prospective new member. Any info / advice much appreciated. Thanks, Mike
I've been thinking about starting a family investment club - my husband and me plus our 3 kids and two of their spouses. It would be 3 to 7 adults - at least to start. Most with no investing experience except their work 401Ks. I ...
Just wondering does anyone have a standard membership/partner registration or information form for when a member joins the Club? Our Club is 20+ years old and haven't had any new partners for several years.. Now we have a couple of perspective new partners. Is there ...
Hello All, Any help explaining AIRR would be greatly appreciated. We own a stock that has increased significantly in value, but the AIRR shown in Bivio (757.8%) doesn't seem right. I need a straight forward, unobtuseA way of explaining it to my group.A The explanation ...
We are in the process of moving our club to Fidelity. Sent the application and should hear back next week sometime. Really hoping that there aren't too many things that need fixed in the applications. The application was long - 4 parts - business account, ...
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 ...