What happens to my account if Stash goes out of business?
Stash has every intention of sticking around for the long term. However, if anything were to happen to Stash that required us to close up shop, you would maintain complete control of your brokerage account. All the investments in your Stash portfolio (from American Innovators to Young Money) are owned by you. Your money will be safe. Your account will not face any penalties if anything happens to us.
Stash Invest and Stash Retire accounts are custodied by Apex Clearing Corporation where they are SIPC-protected (up to $500,000 per account type and $250,000 of that can be in cash) against losses resulting from the failure of a broker-dealer. It’s important to know that $500,000 is the standard amount that SIPC offers for investment companies. Important note: Investments are not FDIC insured, not bank guaranteed, and may lose value.
Q. Why is my account locked?
There are a few reasons your account may have been locked. We may need to verify some information or there may have been a problem with a transfer. Please reach out to our team and we will be able to help you get your account unlocked. You can reach us at [email protected]nvest.com.
Q. Why do I need to relink my bank?
There are a few reasons you might need to re-link your bank to Stash. The primary reason Stashers need to re-link their bank is that they’ve changed their login credentials with their bank. When you update your login credentials, we lose connection with your bank, this means you need to re-establish that connection. All you…
Q. Is my money safe?
When you use Stash, your information is encrypted and stored on secure servers, and your funds and securities are held with your security in mind. Your current investments are covered up to a maximum of $500,000 total, including $250,000 in cash balances through the Securities Investors Protection Corporation (SIPC). But SIPC coverage does not insure…
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