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Careful What You Wish for with Liz Young, Guy, Danny & Dan

RiskReversal Pod

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Charles Schwab - The Largest Custodian of Investment Assets in the Country

One of the big themes of the markets in 2022, both public and private, was the cost of capital going up. So now if you think about this, whether you want to call this a bailout or not, it most certainly is. And I have a friend of mine who sent a letter out, he runs an investment advisory business where his assets are custody at Schwab. It started the month at $80 and it traded as low this morning as $45.

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