Will my retirement money still be available if Stash is goes out of business?
Stash has plans to be around well into your retirement years. However, if anything were to happen to cause Stash to go out of business, your money will be safe. When you open a Stash Retire account you, are opening a brokerage account held by our clearing house Apex Clearing. All of the securities in your Stash Retire portfolio are owned by you.
Through Apex Clearing, Stash Invest accounts and Stash Retire accounts are SIPC-protected (up to $500,000 per account type) 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: Unlike FDIC insurance for banks, SIPC does not protect against losses due to normal swings in the market.
Q. Why is the price that I sold my stocks at different than the price I see in the app after the trade has settled?
When you sell an investment on Stash — either a stock or an ETF — we queue up your order to process in the next available trading window. We do this because Stash is designed as a long-term investment tool, and we don’t give you the option for intra-day trading. This is the same reason…
Q. Can I sell my stocks at any time?
All investments available on Stash (ETFs and single stocks) can be sold on any business day when the market is open. You can request a sale at any time by clicking the ‘Buy’ button, and the sale will be processed in the next trading window. After the sale is processed, it takes 2 business days…
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…
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