Hi r/fidelityinvestments. I posted in the other sub, and it was recommended to post here. My elderly father-in-law has a multi 7 figure portfolio. He spends way too much time juggling his investments because he's concerned about the $500k SIPC cap. He has accounts at pretty much every major brokerage house that I've heard of. Including Robin Hood. I've read that Fidelity has additional insurance that more than covers what SIPC doesn't.
I'm just looking for ideas, something to tell him that all is good to leave things with Fidelity, and simplify his life. From a nest egg standpoint, I'm not too far behind him. Every dime I have is with Fidelity, and I sleep soundly. Thanks for any advice!
Happy investing.
u/InbetweenWeekends — 17 days ago