Talk of The Villages Florida - View Single Post - Who feels it necessary to keep their securities distributed among several brokerages?
Thread: Who feels it necessary to keep their securities distributed among several brokerages?
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Old 09-14-2023, 01:36 PM
jimjamuser jimjamuser is offline
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Originally Posted by ridge View Post
I use two brokerage firms. I would never feel comfortable having all funds in just one. Little inconvenient but you never know what could happen with a given firm. Even if it doesn't have financial issues, it could get hacked. Glad you asked this question. Looking forward to the replies.
They COULD get hacked. But, do they carry insurance against that?