Does anyone with substantial assets use multiple brokerages?
Is there any benefit to using two brokerages. Ive been with Fidelity for 30 years, so I guess you could say I don’t know what I don’t know about other brokerages, specifically Vanguard and Schwab. Is there any benefit to splitting up my assets? Is there a strategic way to separate things? Also, are there any features these other two offer that Fidelity does not? I like that there are really no fees to speak of and the Fidelity CMA is more than a checking account. I feel customer service has fallen off some over the years, but I only have had one really annoying problem, which is fixed now after several months of turmoil.