The Responsibilities Of Investment Club Officers

Summary:  In order to keep your investment club running smoothly, You'll need to elect some investment club officers.  Here you will learn about the different officers that are usually part of a stock investment club and the duties they perform.

If you have started or are thinking of starting an investment club, you will need to elect a few investment club officers to handle several key administrative functions within the club. These officials are usually elected on a vote, (which is recast every so often) or works on a rotating function. Most people prefer the vote method, as it enables the key positions to be held by individuals with the skills and even experience that is needed.

Almost every club follows the same hierarchy; here is a simple structure as well as the basic duties of each post. This can be added to or edited as the need is felt, but care should be taken to ensure that proper administration is in place in order to avoid confusion and legal hassle. Here some investment club officer duties.

The President

Every group needs a head, and the founder of the club usually fills this post. The main duties of a president are usually announcing and administrating policy that has been voted on by the entire club. He has the most active role in the club, and as such should have sufficient time and resources in order to keep the group moving forward.

The Vice President

Helper and assistant to the president, the Vice President has the responsibility of filling in for the President when he is not available and helping him with his other duties. He can also be responsible for organizing refreshments and activities when required.

The Secretary

This is a very important post, which needs to be filled by someone who has good secretarial skills. The main job of the secretary is to take notes and minutes of the meeting, keep in touch with all members through email and phone and handle other legal documents and papers when required. The secretary can also use social networks such as Facebook and Twitter to keep members informed.

The Treasurer

The person with this post should typically have a sound knowledge of business matters and be a good accountant as well. This is the person who does the actual representation of the club by dealing with the brokers, as well as handling all incoming and outgoing payments. This post is sometimes held by two people, for safety reasons as well as to be able to handle the job easily, which includes accurate and concise records of all financial transactions. These records should be written clearly and stored safely.

The Fun Man

The guy (or girl) whom everyone loves, this individual works along with the other officials to organize education trips, lectures and guest speakers. Also called the educational officer, this member’s main goal is to make the club a learning experience for beginner to intermediate investors. This official will not need to be an expert himself, but will simply provide ways for everyone to learn about investing.

The larger the club, the more members are needed. Most clubs are typically no more than 15 people, as such; no large arrangements need to be made for each meeting. Some clubs have an ‘Administrator’ post to handle other aspects of running a club. Many club officials do not have a lot of spare time on their hands, what with families and jobs, and some people find it useful to spread the load so that everyone feels useful and no one is forced to spend hours in a day sorting out basic issues. There is no set way to run a club; the above is simply an easy and popular way to go about it.