I can't see any reason for using more than one broker period -- on line or otherwise. I can see lots of reasons not to. The only risk that I see is if somehow that broker disappeared with your investments. But the Schwabs of the world have a very different setup than the Bernie Maddoffs.

If I were Gate or Buffet with 40+ billions I might consider more than one, but once you get past the first 200 million, you undoubtedly have hired someone to worry about all that anyway.


Gordon
Atlanta, GA
USA