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08-16-2007, 10:56 AM
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#1 |
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Full time employment: Posting here.
 Join Date: Sep 2006
Posts: 608
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bad sign - Schwab outta commision
Yikes, I guess we find out who's there for you when the
going gets tough ... Unable to login or phone-in to Schwab. |
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08-16-2007, 11:04 AM
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#2 |
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Full time employment: Posting here.
Join Date: Dec 2006
Location: Florida
Posts: 856
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Thanks, thought it was just me and am too busy at w*rk to really follow up.
Probably a good thing anyway - no good news.
__________________
I would not have anyone adopt my mode of living...but I would have each one be very careful to find out and pursue his own way, and not his father's or his mother's or his neighbor's instead. Thoreau, Walden |
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08-16-2007, 01:03 PM
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#3 |
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Moderator
Join Date: Sep 2005
Location: Charleston, SC
Posts: 2,304
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Institutional online is still down, but I got through to trading after being on hold a few minutes. Not too worried about it!
Surprisingly few client panic calls.... Sarah
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"Do what you can, with what you have, where you are." Theodore Roosevelt DINKS, 37 and 45, plan for his ER at 50, mine few yrs later. |
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08-16-2007, 01:45 PM
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#4 |
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Recycles dryer sheets
Join Date: May 2006
Posts: 359
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Reminds me of the 1987 crash. Same thing happend to schwab.
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08-16-2007, 02:31 PM
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#5 | |
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 1,716
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Quote:
You're telling me! We have a couple hundred accounts that we were unable to access. Not a happy afternoon around the office. |
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08-16-2007, 02:34 PM
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#6 |
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Moderator
Join Date: Sep 2005
Location: Charleston, SC
Posts: 2,304
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Saluki, thanks for reminding me to thank my lucky stars we use SAMs and do no trading ourselves (my call was for my own account).
 Schwab folks sounded pretty skanked-up when I called our team... Sarah
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"Do what you can, with what you have, where you are." Theodore Roosevelt DINKS, 37 and 45, plan for his ER at 50, mine few yrs later. |
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08-16-2007, 05:43 PM
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#7 |
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,187
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I was doing some tax loss selling and buying today. I made about 12 trades at WellsFargo. No problems.
Also used my TDAmeritrade "Command Center" to watch the trades go through. It just looked like a normal day from where I sat. |
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08-16-2007, 09:39 PM
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#8 | |
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 566
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Quote:
SAMs ? Surface-to-air missles?  -CC
__________________
"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score? It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder |
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08-17-2007, 07:02 AM
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#9 |
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Moderator
Join Date: Sep 2005
Location: Charleston, SC
Posts: 2,304
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Separate Account Managers--meaning we select boutique managers for clients--these managers buy/sell in the accounts, and we do very little trading ourselves for the clients on a regular basis. But your definition is better!
Sarah
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"Do what you can, with what you have, where you are." Theodore Roosevelt DINKS, 37 and 45, plan for his ER at 50, mine few yrs later. |
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08-17-2007, 07:53 AM
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#10 |
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ... 
Join Date: Aug 2006
Posts: 6,817
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We use Mesirow.........
They had no problems........... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:) I am so conservative I make Reagan look like a liberal........:) |
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08-17-2007, 08:35 AM
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#11 | |
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ... 
Join Date: Apr 2003
Location: Seattle
Posts: 8,038
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Quote:
Ha
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"Show 'em just enough to win the turkey."- Former KY Governor Bert Combs |
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08-17-2007, 08:58 AM
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#12 |
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Moderator
Join Date: Sep 2005
Location: Charleston, SC
Posts: 2,304
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Hi Ha, um, well, I guess they decide who they want to do business with.
We do consulting wealth management, so we recommend managers that would want to work with the type of clients we have. Does that help? Sarah From Schwab today via email: On August 16, you may have experienced difficulty accessing certain functions on schwabinstitutional.com. We want to apologize and let you know what happened. In the process of expanding system capacity earlier that morning, a system slowdown occurred. As a result, you may have experienced slower than normal service, or in some cases, may have been unable to access some of our online functions. You may have also experienced longer hold times when contacting us by phone.
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"Do what you can, with what you have, where you are." Theodore Roosevelt DINKS, 37 and 45, plan for his ER at 50, mine few yrs later. Last edited by Sarah in SC; 08-17-2007 at 09:21 AM. Reason: Added Schwab note |
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08-18-2007, 06:38 PM
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#13 |
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 1,983
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I didn't have trouble with Schwab last Thursday. They picked a bad time to have a system malfunction.
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