Investment Clubs and How to Counsel Them

Hands raising wine glasses to toastConsider the contacts you’re making.

By Ed Mendlowitz
How to Build a Stronger Tax Practice

Investment clubs are a social activity where people of similar backgrounds or interests

  • get together,
  • contribute funds in a periodic manner and
  • research and discuss suitable investments for the group.

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Investment clubs invest the money collectively and maintain a single brokerage account with separate records kept within the club.