How am I protected if Stash ever goes out of business?
That’s because your investments are held in a federally regulated broker-dealer called Apex Clearing Corporation. This company acts as a custodian for all the investments Stash users purchase. Apex is regulated by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), an agency called the Securities Investor Protection Corporation (SIPC), which together protect your investments against fraud and the potential bankruptcy of the company holding your investments.
In fact, SIPC would return up to $250,000 in cash and up to $500,000 for non-cash investments such as stocks and ETFs in the event of fraud or bankruptcy.
It’s important to keep in mind, however, SIPC does not protect your investments from market value changes.
Still not sure about Stash?
If you’d rather hear more about Stash from a third party source, check out our coverage in major publications.
- Is It Safe to Get Excited About Investing Again? By Bloomberg News
- How to get started investing…for $5 by CNN Money
- Stash raises $40 million Series C to make Investing more approachable by TechCrunch
Q. Do single stocks trade like ETFs on Stash?
Yes. You can buy and sell a stock on Stash just like all of the other ETFs that are available to you on the platform. Stash executes trades (buys and sells) in two trading windows each business day. All trades placed are queued up and executed during these trading windows. Stash trading windows only operate…
Q. Am I ready to open a Retire account?
Stash Retire accounts are a tax-efficient type of account designed to help you invest for retirement. If you’d like to learn more about why people decide to open Retire accounts, please read this article. If you’ve decided that saving for retirement is right for you, we offer two different types of individual retirement accounts (IRAs):…
Q. What is a custodial account?
A custodial account allows a parent (or grandparent, other family member, or friend) to open a savings/investing account for a minor*. Until the minor reaches the “age of majority” (usually 18 or 21 depending on the State), only the adult or ‘Custodian’ who opened the account can manage the funds. Think of the age of…
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