Do brokers have insurance beyond SIPC limits?

Many brokers also have insurance that extends beyond SIPC limits, so most investors are very well protected.

How much insurance does a joint brokerage account qualify for?

Similarly, if you have a brokerage account in your own name, and a joint brokerage account with your spouse, each would qualify for $500,000 of coverage on their own. If you and your spouse also have a custodian account for your child, that account would also qualify for a separate $500,000 limit.

Does brokerage account insurance cover robo-advisors?

In the event your broker or robo-advisor financially fails and investors' assets are missing or at risk, the SIPC will step in to make you whole by providing up to $500,000 in coverage. Here are the basics of brokerage account insurance SIPC, including what it does and doesn’t cover. SIPC coverage provides ...