FANOFJESUS
Thinks s/he gets paid by the post
everything at Fidelity or Schwab. I am very tempted to do this since it is so simple and less paper work.
For your sake, let's just hope Fidelity doesn't have a Lehman Bros moment at some point in the future. Just one of the reasons I continue to use several financial institutions. I do stay with the big named firms but even then, there are few guarantees. YMMVWe have everything at Fidelity. Consolidation is powerful, will be easy for you at tax and planning time. It will also be easy on your heirs.
Account size may also bring you additional benefits, so pile assets up in one spot.
Let's just hope Fidelity doesn't have a Lehman Bros moment. Just one of the reasons I continue to use several financial institutions. I do stay with the big named firms but even then, there are few guarantees. YMMV
Depends on what you have invested in. Whatever helps you sleep well. (Regardless, I'm not an expert so don't follow me.)Comments like this make me wonder if folks really understand what a brokerage is and who holds the assets.
Depends on what you have invested in. Whatever helps you sleep well.
Yep, I've read similar... Still not comfortable putting too many of "my" eggs in one basket. Stuff happens.What happens if a brokerage closes
https://www.finra.org/investors/alerts/if-brokerage-firm-closes-its-doors