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What happens if Cache or Brooklyn can’t continue operations?

Updated this week

Your assets stay at Schwab. Your portfolio is held in an SMA in your name, not commingled with Cache’s or BKLN’s corporate funds.

Trading would stop, but ownership doesn’t change. You could transfer the account, appoint a new advisor, or liquidate positions (subject to normal market and tax considerations). Schwab would continue providing account access, statements, and custody protections.

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