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We need a new brokerage house
We use TDAmeritrade and it has been great. No problems writing checks, depositing electronically or transferring stocks when a person leaves the club.
 
In a message dated 6/27/2011 7:25:51 P.M. Pacific Daylight Time, dcscoville10@gmail.com writes:
Note: BAWBEESE INVESTMENT CLUB uses TD AMERITRADE,  VERY HELPFUL

On Mon, Jun 27, 2011 at 3:13 PM, Marlene Fondrick <marlene@fondrick.net> wrote:
I'm sure there are many but we work with Schwab and can do just what you are asking for.  Our experience with Schwab has been very good.
Good Luck,
Marlene

-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Kimberly Hazen
Sent: Monday, June 27, 2011 1:41 PM
To: club_cafe@bivio.com
Subject: [club_cafe] We need a new brokerage house

I can't believe this problem is unique to our club.  We do
not have a local bank account and need to write checks from
our brokerage account.  Unfortunately, at our current
broker, we cannot have a check written to anyone other than
the name of our club.  That does us no good since no one can
cash it.  How do you reimburse members who leave and members
who have paid club expenses if you can write checks.  Does
everyone have a checking account as well as a brokerage
account?  Do you have a broker that lets you write 3rd party
checks?  Please advise.  Thanks, Kimberly

please remove me from this list. thank you

On Tue, Jun 28, 2011 at 6:50 AM, <Liver437@aol.com> wrote:
We use TDAmeritrade and it has been great. No problems writing checks, depositing electronically or transferring stocks when a person leaves the club.
In a message dated 6/27/2011 7:25:51 P.M. Pacific Daylight Time, dcscoville10@gmail.com writes:
Note: BAWBEESE INVESTMENT CLUB uses TD AMERITRADE, VERY HELPFUL

On Mon, Jun 27, 2011 at 3:13 PM, Marlene Fondrick <marlene@fondrick.net> wrote:
I'm sure there are many but we work with Schwab and can do just what you are asking for. Our experience with Schwab has been very good.
Good Luck,
Marlene

-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Kimberly Hazen
Sent: Monday, June 27, 2011 1:41 PM
To: club_cafe@bivio.com
Subject: [club_cafe] We need a new brokerage house

I can't believe this problem is unique to our club. We do
not have a local bank account and need to write checks from
our brokerage account. Unfortunately, at our current
broker, we cannot have a check written to anyone other than
the name of our club. That does us no good since no one can
cash it. How do you reimburse members who leave and members
who have paid club expenses if you can write checks. Does
everyone have a checking account as well as a brokerage
account? Do you have a broker that lets you write 3rd party
checks? Please advise. Thanks, Kimberly




--
Andy Huang