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mrpizzatacular t1_jdp2ov0 wrote

If the investment clients were to flee, where would they really be able to go that is substantially safer than Schwab? Because if Schwab starts to have real problems then most others it’s size or bigger will likely be experiencing issues as well.

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mrnotadvice OP t1_jdp96gt wrote

Exactly. Plus, it would take time for the ACAT process. The fastest I have ever seen was 1 week. Cash in an account can be wired out same day.

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Wonderouswondr t1_jdpfddd wrote

Fidelity is the safest brokerage that I know of

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thaginganinja t1_jdqwqp1 wrote

Yeah I have everything in fidelity. If they go down, we're gonna be fighting over cans of beans and it won't matter

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