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Comments:
Regarding the Concentration of assets at one brokerage, Fidelity has coverage with Lloyds "in excess of SIPC" up to 1 Billion per aggregate customer. It's only 1.9 Million for cash (250K for SIPC cash) however so watch out there. I'm hoping to have to worry about this soon. :) Neither SIPC nor the Excess cover Fraud however. They only cover if Fidelity goes under.
Post: Coming Together
Link to comment from July 4, 2023