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by lukejduncan
3375 days ago
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It's a fair concern. Both Wealthfront and Betterment are Broker dealers and they have legal obligations in the event of going out of business. Wealthfront spells it out as:
"In the unlikely event Wealthfront were to cease doing business, your account would be held by our brokerage partner until you transferred your account to a new broker or chose to liquidate your account to receive a check." https://support.wealthfront.com/hc/en-us/articles/211004083-... |
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