You ve met once, determined how often the club is going to meet, how many members there are, and even thought about a name. But your new investment club isn t quite ready to make its first stock purchase yet. There are few things that have to happen, including the election of club officers, before you can settle down with a list of interesting stocks to study.

Let s start by considering those club officers. While all members of the investment club will have duties and responsibilities they need to fulfill to be members, the officers, or executive, of the club will have greater responsibilities. Yet, without these positions filled, the club won t be able to function. Here are some of the positions that most investment clubs have:

President: The president can also be known as the presiding partner. The president decides when the next meeting is going to take place (usually done with a mutual vote but made official by the president), presides over the meetings, and plans activities (usually done with a mutual decision by other members).

Vice president: The vice president can also be known as the assistant presiding partner. The vice president is the member that stands in when the president is absent or needs help with presidential duties. The vice president often plans the educational section of club meetings.

Treasurer: The treasurer is also known as the financial partner. The treasurer deals with the brokerage firm and does the buying and selling of stock. The treasurer is also responsible for keeping accurate records of the financial holdings of the club, the financial contributions of each of the members, and any other records that concern themselves with money matters. Investment Club - Read More.