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Having Downside of having multiple brokerage accounts?

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shreyj
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Having multiple brokerage accounts

I have around 4-5 long term objectives, that I would like to invest towards separately. I was planning on opening a separate brokerage account for each objective. The benefit would be that each objective is well compartmentalized and I have a good control over the investment strategy for individual objectives.

I was wondering what are the downsides of having 4-5 different brokerage accounts? For ex, will it badly affect my credit score?