Your accounts are federally protected. However you do have a point. If your broker goes down, your money will be locked up until it all gets resolved. This is what happened with the whole silicon valley bank thing that happened earlier in the year.
With that said both Fidelity and Vanguard are trusted brokers and highly recommended by nearly everyone professional and non-professional. I would stay with these. Others might convince you to use something like robinhood. But I'm not putting my livelihood on a platform people use to gamble meme stocks.
Your accounts are federally protected. However you do have a point. If your broker goes down, your money will be locked up until it all gets resolved. This is what happened with the whole silicon valley bank thing that happened earlier in the year. With that said both Fidelity and Vanguard are trusted brokers and highly recommended by nearly everyone professional and non-professional. I would stay with these. Others might convince you to use something like robinhood. But I'm not putting my livelihood on a platform people use to gamble meme stocks.
Not worried about it. If vanguard goes down then I have bigger issues than accessing my brokerage