If the broker fails, the client may or may not be able to reclaim funds and may or may not have adequate or effective insurance. In addition, investing cash or trading through the same broker may conflict with the client’s best interest in other ways. Larger, multi-asset managers do...
If the broker fails, the client may or may not be able to reclaim funds and may or may not have adequate or effective insurance. In addition, investing cash or trading through the same broker may conflict with the client’s best interest in other ways. Larger, multi-asset managers do ...
What could go wrong? First, broker custody in my opinion is considerably less safe than bank custody. If the broker fails, the client may or may not be able to reclaim funds and may or may not have adequate or effective insurance. In addition, investing cash or trading through the same ...