What If Schwab Went Bankrupt?

Описание: With all the concern about banks recently, it begs the question: what would happen if a broker like Schwab went bankrupt?

► FDIC Insurance video:    • $3.5 Million FDIC Insured at One Bank? It’...  

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Timestamps
0:00 - What if Schwab went bankrupt?
0:58 - Brokerage firms don’t work like banks
2:31 - What about investments at Schwab?
4:59 - SIPC and FDIC differences
6:27 - Should you worry about Schwab going bankrupt?

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-- About Patrick King CFP® --
Patrick King is a fee-only financial advisor in Atlanta and the Founder of Prana Wealth. Over his career, Patrick has helped CEOs, all-star athletes, Grammy-winning artists, and many others build their wealth, retire sooner, and create a legacy. Patrick enjoys yoga, mountain biking, golf, travel photography, and Clemson football.

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