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what happens if Schwab goes Bust or Fidelity or Robin Hood or any other brokerage firm one of the most frequent questions we get asked is which brokerage firm to use letamp;#39;s get down to Brass tax usability nice to have being able to get your money out must have today weamp;#39;ll take a look at what happens if your broker goes bust and what you need to do to keep your investment safe why should I be talking to you about this well I have a dual masters with the finance focus and I spent over a decade at one of the leading firms on Wall Street thatamp;#39;s the bad news news the good news is that I have several decades investing experience and Iamp;#39;ve learned a lot just from making mistakes most important lessons werenamp;#39;t taught in schools or on the job training there is no free lunch you get what you pay for creating wealth is a long slow boring process thereamp;#39;s no substitute for hard work the harder you work the luckier you get and thereamp;#39;s charlatans