Originally Posted by PatrickA5
Just last week, I went to the local Schwab office and opened a brokerage and checking account. I'm thinking of consolidating my taxable money there (all of our retirement accounts are at Vanguard).
I was pretty impressed with the CFP that helped me open the accounts. Seemed to be pretty sharp, had a MBA, etc. In other words, not your usual Ameriprise/Edward Jones type of financial advisor. Still, when I told him I only had about $180K that I was wanting to bring over, he informed me that in order to have a "dedicated" advisor at the local branch I'd have to bring over 250K minimum. I asked him who at the branch I'd be dealing with (without the minimum) - he pointed at the lady at the front desk. So far she has been wonderful!
I opened a SchwabONE brokerage account in 1995. A few years later, I opened an IRA and converted it to a ROTH IRA. I rolled over a TSP account to Schwab and let them manage it, just to see who is better.
I manage my taxable account.
From 2006 to 2012, I beat their money management. 2012-now, they've trounced me.
Overall, the customer service Schwab offers me beats E-trade (my employer stock program vendor) and Fidelity (employer 401k).