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 ...

This letter is in response to a question you received about having one or more brokerage accounts. There is also the question of an insured Securities Investor Protection Corp. limit of $500,000 per ...

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, ...

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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A 29-year-old Reddit poster is trying to decide whether ...