No. of Recommendations: 13
I've had multiple Schwab accounts for at least 25 years. I have nothing but good things to say about Schwab.
I had a retirement account at TIAA, and when I retired (in 2014), I found that dealing with TIAA was consistently miserable. I finally went into the office of my local Schwab guy, told him I wanted to move everything in TIAA over to Schwab. He got TIAA on the phone while I was in his office and took care of everything while I waited. Perfect.
At tax time, Schwab records are complete, timely, and understandable. When we needed a fairly large check cut in order to purchase a condo, Schwab handled it quickly and seamlessly.
We also have accounts with Schwab Bank, and moving money around (including to a non-Schwab account) takes only a few clicks. As others have noted, the debit card is a very good deal, esp. if you travel internationally. We use it to withdraw cash from ATMs when abroad.
Trading and other fees are very low and in many cases, free. Easy, free access to M*, CFRA, and other research and news. Plenty of well-rated no-load/no-fee mutual funds available, if you're into that sort of thing.
Deep offerings of bonds, CDs. Good advice available over the phone from the bond desk. They've gently talked me out of doing dumb things a few times.
Moving money to/from money market and overnight Treasury accounts is quick, easy. Competitive rates.
I could say more, but that's prob enough.
