What types of investments do people use if pretty much every stock is banned due to independence? I need help. The wife is also at a big 4, so it’s very hard to find an allowed stock

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I’m looking to invest $40k and could use some advice

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What staff level are both of you? Do you fully understand your firms' independence policies?

OP it's really not as restricted as you would think, unless you are in Audit. Does EY have a program to help you track and pre-clear securities? PwC has a Brokerage Simplification Program that will automatically notify my broker if a stock is restricted. Also, happy to give you my advisor's contact info if you want to chat with a professional.

OP it sounds like you’ve done zero research if you really think that "pretty much every stock in banned.”

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