Templates · Investment clubs

Pooled capital. Member-governed.

For pooled investment groups — stock-picking clubs, real-estate syndicates, crypto investment pools, angel syndicates. Contributions on the record, allocation votes on the ledger, member ownership tracked from day one. EnDAO is the governance layer; your broker stays your broker.

Quick answer

EnDAO is the governance and ownership-tracking layer for investment clubs — contribution-weighted member equity, allocation votes linked to trades, and a clean ledger your CPA uses at year-end for Form 1065 and K-1s. Your brokerage account stays at Schwab, Fidelity, Coinbase, or wherever you trade. Most US investment clubs structure as general partnerships under Investment Company Act §3(c)(1), which exempts pools with 100 or fewer beneficial owners and no public offering; EnDAO helps you keep that record clean.

What this looks like

A page from one club’s ledger.

Money Garden Investment Club · Atlanta

Q1 2026 · 14 members
Jan 05Monthly contributions · 14 members at $250+$3,500.00
Jan 22Allocation · 40 shares COST at $872−$34,880.00
Feb 28Dividend received · COST+$464.00
Mar 18Member buyout · departing member equity−$4,820.00

The treasurer’s tax-season nightmare

What breaks in investment clubs, and what the ledger fixes.

Investment clubs run on member trust and partnership-tax discipline. They break when the brokerage is in one person’s name, when the unit math lives in a spreadsheet only the treasurer understands, or when a member exits and nobody can produce a clean valuation. EnDAO gives the club a shared ledger that anchors the contributions, the votes, and the ownership math — so the brokerage and the CPA each have a source of truth.

What goes wrong

  • Brokerage account in one member’s name — single point of failure for the whole pool
  • Manual member-unit math; recalculating ownership every contribution cycle
  • Allocation decisions made in chat and never tied back to the trade
  • Disputes when a new member joins or an old member exits — whose closing price?
  • Tax season: the treasurer rebuilds the year from receipts to produce K-1s

What EnDAO does

  • Brokerage stays at the broker; EnDAO records who contributed what, when
  • Contribution-weighted ownership ledger maintained automatically
  • Allocation votes captured as decisions linked to the trade record
  • Entry and exit valuation dates recorded with the contribution and buyout
  • Member-unit ledger is the record; export it for your CPA at year-end

What’s built in

The things every investment club needs, already there.

Shared ledger

Every contribution, every spend, every approval recorded once and visible to all members.

Decision thresholds

Set what fraction of members must approve before money moves. Change it any time with the same vote.

Membership records

Who is in the group, when they joined, what they contributed. Members can leave; the record remains.

Notifications

When a decision needs you, when a contribution arrives, when a transaction is approved.

Works for

All kinds of pooled investment groups.

  • Stock-picking clubs
  • Real-estate investment syndicates
  • Crypto investment groups
  • Angel investment syndicates
  • Venture investment collectives
  • Private lending pools
  • NFT and digital-asset party-buyers
  • Family investment pools

Common questions

Questions investment clubs ask first.

Does EnDAO custody our money or execute trades?
No. EnDAO is the governance and ledger layer; your brokerage account stays at Schwab, Fidelity, Coinbase, or wherever you trade. Trades happen there; EnDAO records the allocation vote, the contribution that funded it, and each member’s ownership share.
Do you generate our K-1s and partnership tax return?
No. EnDAO is the member-unit ledger itself — every contribution, every ownership percentage, every distribution, every buyout, recorded as it happens. At year-end your CPA or tax-prep service files the Form 1065 + K-1s from that ledger. The filing leg stays with them; the ledger they file from lives here.
How do you handle a new member joining or an old member leaving mid-year?
Every contribution and buyout is recorded against the valuation date the club agreed to in advance (monthly close, quarterly close, or per-decision). Ownership percentages update automatically and the historical ledger preserves the exact math your CPA needs at tax time.
Are we going to accidentally become a regulated investment fund?
Investment clubs in the US typically structure as general partnerships under Investment Company Act §3(c)(1), which exempts pools with ≤100 beneficial owners and no public offering. Crossing either threshold triggers fund-law exposure. EnDAO doesn’t police this — your club’s counsel should — but the ledger gives you a clean answer to "who counts as a beneficial owner."
Can different members have different ownership weights?
Yes. The ledger supports unequal contributions over time, so a member who started later or contributed less owns proportionally less. The unit math reflects actual contribution history, not a flat equal-share assumption.
How does EnDAO compare to bivio?
Bivio is the long-standing incumbent for US investment club accounting — it handles the partnership-tax workflow including Form 1065 + K-1 generation, which is its core value. EnDAO is the governance and ownership ledger: contribution tracking, allocation votes, member equity over time. Many clubs use bivio or a CPA for the tax-prep step and EnDAO for the shared-account governance and the audit trail they bring to that CPA. EnDAO does not file taxes; bivio does not require multi-signer approvals before allocation votes.

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