Scottrade didn't have any good methods of transferring money between accounts (and their interface was out of date, their service was poor, etc), so awhile ago I transferred to E-Trade.
Just 5 minutes ago I received a call from Scottrade, which went basically as follows:
Person: Hi David, this is <name> from Scottrade. According to our records, your accounts here at Scottrade were transferred in the past to E-Trade. In recent days we've received a lot of calls from those E-Trade customers who were interested in transferring their accounts back to us, due to the recent news reports. We thought we should check to see if you were interested in transferring your accounts back to Scottrade as well.
I just said no thanks, and they left it alone, but I thought it was pretty funny/interesting/annoying that they were calling around hoping to pick off E-Trade customers due to the news reports. I wonder if the other brokerages are taking the same steps?
Not that I don't understand the business reasoning, it just strikes me as a bit odd that they didn't talk to me for well over a year, and suddenly call me, hoping I'll panic and transfer my accounts to them.
Just 5 minutes ago I received a call from Scottrade, which went basically as follows:
Person: Hi David, this is <name> from Scottrade. According to our records, your accounts here at Scottrade were transferred in the past to E-Trade. In recent days we've received a lot of calls from those E-Trade customers who were interested in transferring their accounts back to us, due to the recent news reports. We thought we should check to see if you were interested in transferring your accounts back to Scottrade as well.
I just said no thanks, and they left it alone, but I thought it was pretty funny/interesting/annoying that they were calling around hoping to pick off E-Trade customers due to the news reports. I wonder if the other brokerages are taking the same steps?
Not that I don't understand the business reasoning, it just strikes me as a bit odd that they didn't talk to me for well over a year, and suddenly call me, hoping I'll panic and transfer my accounts to them.