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I currently have about half of my non-retirement assets in a Charles Schwab account and the other half is in a Vanguard account. I would really like to consolidate the two accounts so that I only have one statement to look at each month, and one website to log into to view all my assets. I plan on using Vanguard for almost everything. I also have my Roth IRA with Vanguard. Is there any risk for me in doing this? If Vanguard goes bankrupt, do I lose all of my stock holdings and IRA holdings?
P.S. The reason I'm choosing Vangaurd over Schwab is that I like investing in some of their low cost index funds.
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