Set up a brokerage firm for dealing in stocks, bonds and commodities in the USA, with this Brokerage Partnership Agreement template. Provisions of the Agreement include:

• Capital contributions of the partners include stock exchange memberships which will form part of the partnership's assets during the life of the firm.


• Capital contributions will bear interest, calculated and payable on the first day of each calendar quarter.


• All partners will participate in managing the business.


• No partner may use the capital of the business for speculation or marginal transactions without the consent of all of the partners.


• No credit is to be advanced to any client without the consent of all of the partners.


• If a partner dies or becomes incapacitated, or voluntarily withdraws from the partnership, the value of his/her interest will be determined and paid out within a specified time period.

This USA brokerage partnership agreement is provided in MS Word format, and is fully editable to fit your particular circumstances.