Officers and Roles

These are the typical officer roles and typical duties of each officer in an investment club. You can adjust these descriptions to fit your club.

It is also fine to spread out some of the administrative functions by having assistants to some of these positions. Not only does this help minimize the burden, it is also a good way to make sure everyone is involved in club management and you do not get into a situation where only a single person can perform a key club function.

For example, you might have a Portfolio manager whose specific function was to centralize all your judgments about the stocks in the portfolio and develop a projected return for the entire portfolio based on them. He/she could also oversee the stock watcher schedule and make sure stock reports and judgments were being updated as new earnings releases came out.

Many clubs also have an assistant treasurer to split up the treasurers job. Since everyone can access your club information online, you can have an assistant who can do the monthly activities such as identifying member contributions. Or, your assistant treasurer could be the person who places your orders with your brokerage. It's a really good idea to have at least two people in your club who are familiar with the treasurers job. It's not as scary as it seems and it's a critical function. You don't want to be in the position where your club operates with a "treasurer for life" and nobody else understands how to keep your club records.

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Disclaimer: statements are opinions expressed by bivio Customer Support and are not official statements from any government agency. These statements are not intended to replace professional legal or accounting advice. When in doubt, follow the advice of your lawyer or accountant who is familiar with your particular circumstances and the laws of your state.