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It is safe to keep more than $500,000 in a brokerage account as long as the brokerage is a member of the Securities Investor Protection Corporation, which protects your account up to $500,000.
Shearson Lehman Hutton (Brokerage and Asset Management) Primerica (Smith Barney Shearson) 1993 Lehman Brothers (Spinoff from American Express) Shearson Lehman Hutton: Lehman Brothers: 1995 Paine Webber: Kidder, Peabody & Co. PaineWebber Group: 1995 Swiss Bank Corporation: S. G. Warburg & Co. Swiss Bank Corporation: 1995 Dresdner Bank: Kleinwort ...
American stockbrokers, regulated brokers, broker-dealers, or registered investment advisers (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage ...
The firm was founded in 1955 by two high school friends, Edward W. Wedbush, and Robert Werner, in Los Angeles, California. They each contributed $5,000 to capitalize their new company, Wedbush & Company. [4] The company was named after Wedbush because neither partner wanted a possible business failure named after them and Wedbush lost a coin toss.
The top online brokerage accounts for trading stocks in March 2024. An online broker is a financial institution that allows you to purchase securities, including stocks, through an online platform ...
In the 2025 Bankrate Awards, Fidelity came out on top as our best broker for beginners, with Schwab, Interactive Brokers, E-Trade and Merrill Edge also performing well. Fidelity’s low costs ...
Pages in category "Financial services companies based in California" The following 97 pages are in this category, out of 97 total. This list may not reflect recent changes .
The SIPC protects customers of SIPC-member brokers in the event that the firm fails. Customers are covered for up to $500,000 for all accounts at one institution, including a maximum of $250,000 ...
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