The Rising Influence of Rising Affluence

[ilpapa]

If Schwab or Fidelity were to collapse it wouldn't matter on what market or in what form my securities were held. It would evidence a systemic problem.
My main concern with such stocks would be liquidity of the market in which they trade, and for that reason I have steered clear of them.
They say InterActive brokers provides good access to most foreign markets, but I have chosen not to use them.
I thought the FT piece was more of an interesting academic exercise than practical advice. For me, anyway.