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Author Topic: Address to use for opening a stock/brokerage account?  (Read 1677 times)

Python49

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Address to use for opening a stock/brokerage account?
« on: December 22, 2010, 03:40:41 PM »
I use a mail forwarding service address like others but recently I looked into opening a brokerage account to do some investing and my broker said that they wouldn't be able to use my address from my mail forwarding service?

Ned

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Re: Address to use for opening a stock/brokerage account?
« Reply #1 on: December 22, 2010, 03:52:48 PM »
Our broker ( R W Baird) is in Wisconsin and we use a mail forwarding address in Texas and have for 13 years.
-- Ned -- Fulltimer 1997-2013
1997 Holiday Rambler Endeavor LE
2007 GMC Canyon

Tom and Margi

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Re: Address to use for opening a stock/brokerage account?
« Reply #2 on: December 22, 2010, 04:09:42 PM »
The A. G. Edwards firm in Redding, CA used our FMCA (Cincinnati, Ohio) mail forwarding address and, subsequently, our Livingston, TX (Escapees) address for about 15 years. 

Margi

Terry A. Brewer

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Re: Address to use for opening a stock/brokerage account?
« Reply #3 on: December 22, 2010, 04:51:01 PM »
>>my broker said that they wouldn't be able to use my address from my mail forwarding service?<<

Get another broker.... We use Merrill Lynch & they have no problems with our PMB address.

Betty Brewer

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Re: Address to use for opening a stock/brokerage account?
« Reply #4 on: December 22, 2010, 04:59:31 PM »
Python,

Was it an issue of your brokerage firm/broker  not being licensed in the state in  which  you have an address?  That could have been the stumbling block .  Ask lots of questions as you see it can be done but maybe  a different firm.
Betty
Betty Brewer

see where we are

Tom and Margi

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Re: Address to use for opening a stock/brokerage account?
« Reply #5 on: December 22, 2010, 05:36:13 PM »
I think Betty hit the nail on the head.  I seem to remember that our broker balked at having to be licensed in one of the states.  When we suggested we might switch brokers, the "problem" miraculously disappeared.  ;)

Margi

 

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