Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC. In the ...
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5 key benefits of having multiple brokerage accounts
There’s no limit to how many brokerage accounts you can have, but having more can complicate your finances. Managing your investments could cost less, through lower fees and reduced margin loan rates, ...
When it comes to winning and retaining complex, high-value accounts, strong broker-underwriter relationships remain ...
Matt is a Certified Financial Planner™ and investment advisor based in Columbia, South Carolina. He writes personal finance and investment advice for Motley Fool Money and its parent company The ...
While some investors appreciate the simplicity of keeping all their investment funds under one account, there are many reasons to branch out to different brokerages. Some investors have several ...
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