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Hokie CPA

Joined: 10/28/1999 Posts: 79477
Likes: 9047


If you're gonna go over federally insured limits, may as well go whole hog.


Open a Scottrade account, an E*Trade account, and a maybe a few accounts with the banks in town. Park $40 million or so in each. If you don't trust yourself with Scottrade or E*Trade, find a few brokers you can trust (there's the rub). He should probably start the money out in the local banks, move into a rich/gated neighborhood and inquire from a bunch of neighbors about brokers they trust. See if any names pop up more than once or twice. Look into them.

At the end of the day, it's imperative that the account owner maintain signature authority over transactions so you don't get all your money embezzled.

(In response to this post by Hokie360)

Posted: 01/12/2018 at 5:13PM



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Current Thread:
  Like this.... -- vthhhi 01/12/2018 7:12PM
  I hope that dude checked IDs first... -- Hokie CPA 01/12/2018 7:15PM
  I'm sure he has the best lawyers money can buy. -- EDGEMAN 01/13/2018 11:52AM
  Well it starts this way -- MEHOKIE 01/12/2018 6:52PM
  I'm hoping he has an appointment for a vasectomy tomorrow.** -- CochraneResident 01/12/2018 6:04PM
  Not a gambler... -- mancunian 01/12/2018 4:33PM
  He showed up with his dad and lawyer. Started a trust. He's -- CochraneResident 01/12/2018 3:46PM
  So what are the biggest mistakes/pitfalls? -- HWA 01/12/2018 4:17PM
  Here's the list of biggest mistakes -- MEHOKIE 01/12/2018 7:07PM
  Corollary to 2, not using ketchup on hotdogs. ** -- TomTurkey 01/12/2018 11:04PM
  😁 ** -- TomTurkey 01/13/2018 10:24AM
  See the 30 for 30 on athlete bankruptcy. You hit most -- Nelsonia Hokie 01/12/2018 5:44PM
  I hope he's got a good family support structure. -- vthokieq 01/12/2018 5:02PM
  With respect to #4... depends on the property. -- Hokie CPA 01/12/2018 4:49PM
  Hello, Meet my good friend Bernard Madoff.... ** -- UTPr0sim 01/12/2018 4:19PM
  I'm going Bitcoin!!!!! ** -- Bburg Native 01/12/2018 3:55PM
  Nice. Good for him. ** -- reestuart 01/12/2018 3:50PM
  Didn't last guy end up under his own patio? ** -- bigbadbird 01/12/2018 3:41PM
  That alot of Crab Legs from Publix! ** -- The Hokie Steve 01/12/2018 3:35PM
  Wait, you mean those aren't free? -- HokieGator 01/12/2018 5:25PM
  Was he able to remain anonymous in FL? ** -- HokieSignGuy 01/12/2018 3:34PM
  Shapiro 2: More Sanctions Against da U ** -- jmanatVT 01/12/2018 3:34PM
  He buys the Marlins in 3 years after they run -- hoosnowahokie 01/12/2018 3:33PM
  279 Million in Turnover Chains ** -- Victor Tango 01/12/2018 3:30PM
  And...? ** -- Hokie Bird 94 01/12/2018 5:11PM
  Hookers? ** -- EDGEMAN 01/12/2018 6:26PM

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