Schwab One Brokerage Account is rated
Rated 5 out of
Even I have a hard time making a mistake
I am not a pro trader, but I find myself online with Schwab a lot. With the ups and downs of the market in the past couple of years I am finding that I need to be "on my toes" and that I am doing more than just buying an index fund and forgetting about it.
That means new types of trades and new terms. That also means getting new data.
Schwab has good tools to help with all of this. The help links are where they are easy to find, and when I do something that may not be the best thing to do, I get a nice advisory response when I submit the request.
Don't be afraid to make your own trades. This software is designed to help you through the process.
Date published: 2011-07-06
Rated 4 out of
For a better view.
The logistics of the Schwab system are terrifically user friendly and efficient. I only wish that - and this may be what is being addressed through the StreetSmart/Edge program - there would be a more thorough and broad access to financial news, reports, info. etc. through the Schwab system, as there are currently several areas/sectors which the Schwab resources are particularly weak in (i.e. global markets/foreign equities, mining and minerals, much of the energy sector, high-tech industries... to name a few, but important, areas of contemporary investment import). This would add a better perspective to our/your Client experience and decision making process. Thank you.
Date published: 2011-04-04
Rated 4 out of
I am very happy with Schwab, but very unhappy with these types of emails in which, I feel the sole objective is for me to try to bring you guys business. I did not sign up for Schwab to bring you guys business. I signed up to receive good client support at affordable rates. I actually do recommend Schwab to people from time to time, but when I get emails like this, I want to rescind those invitations.
In the future, my suggestion, would be to ask me about how I am treated at schwab, and hope that after I see that I am treated well that I will be more likely to speak to friends about you guys, rather than create an email who's purpose is to have me do your selling for you.
Date published: 2011-12-12
Rated 5 out of
Recently my husband and I decided we wanted to buy individual bonds for the first time. We sat down with our Schwab guy for over two hours as he coached us through the process of choosing bonds. He called it "teaching us to fish." At the same time he presented us with the idea of using the services of a Schwab bond expert if we couldn't get comfortable doing it ourselves.
He gave us the tools we needed to begin to understand bonds and we were able to build a bond ladder on our own. He called us last week to see how our whole process was going. We told him, "great."
Whenever someone discussed needing a broker, we always recommend Schwab. Always great service.
Date published: 2016-09-03
Rated 5 out of
I have and will continue to be a Schwab customer for life because Schwab has proven to be honest, upfront and responsive to my needs. I have never had a bad experience with the website, staff or any Schwab office I have visited in the last 25 plus years. They offer all the products I look for and are priced competitively to other similar providers of this service.
I have recommended (and they have followed through in many cases) relatives, friends and acquaintances to open an account at Schwab and try them out. Once you do this, you will never leave.
Thanks to all the Schwab team members.
Date published: 2013-09-25
Rated 5 out of
Efficient and Congenial
Education is a very important thing. Education begins with the basics, such as what is the Roth-IRA and how does it work, how to set it up. We had a meeting at the Glendale office, about the StreetSmartEdge. The leader was incredible, and very respectful to all of us, whatever our questions or level of knowledge. He was not selling, or persuading. He used example of his own investment strategies and experiences. On phone calls, the staff genuinely assist clients in placing trades on-line, even though the fees for Schwab are low with on-line trades. The staff are focused and efficient, yet also pleasant and congenial; there is a delicate balance there. One senses that these people invest, research, pay attention, stay informed.
Date published: 2011-12-15
Rated 4 out of
Good to Excellent
Schwab does a great job with processing trades and transactions. Personnel are professional, informed and helpful. It would be nice if you could make global changes to any or all accounts in a single step. The retirement planning help available is top notch.
The thing that is most annoying is that for funds kept in cash the returns available are low. This forces me to link accounts to other accounts outside of Schwab to get even meager returns instead of near 0 returns inside of Schwab. It makes me do more transactions than I should have to and it takes my money and puts it in another institution. A win win would be better rates for me and more money inside Schwab for you.
Date published: 2013-09-26
Rated 5 out of
I had no previous experience with financial accounts before I put some money into Schwab. The financial crisis occurred very soon thereafter, and I, like many, lost a lot of savings. Schwab provides good sources of advice and information for deciding where to invest my funds -- I don't move my funds around much at all, but Schwab provides what I need to know to feel confident in leaving my money where it is.
When I needed to draw some cash, Schwab's procedures where very clear and straightforward, and I am confident that I can access funds again if needed.
Good website and very good telephone facilities for conducting business with a real person - that is worth a lot.
Date published: 2011-06-08
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in the Mutual Fund OneSource® service for recordkeeping and shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
Investment returns will fluctuate and are subject to market volatility, so an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF.
Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Charles Schwab & Co., Inc.
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Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled ""
Multiple leg options strategies will involve multiple commissions.
With long options, investors may lose 100% of funds invested. Multiple leg options strategies will involve multiple commissions. Spread trading must be done in a margin account. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. Writing uncovered options involves potentially unlimited risk.
Supporting documentation for any claims or statistical information is available upon request.
Please contact a tax advisor for the tax implications involved in any options strategies referenced.
Schwab's StreetSmart Edge® is available for Schwab Active Trading clients. Access to NASDAQ TotalView® is provided for free to non-professional clients who have made 120 or more equity and/or options trades in the last 12 months, 30 or more equity and/or options trades in either the current or previous quarters, or maintain $1 million or more in household balances at Schwab. Schwab Active Trading clients who do not meet these requirements can subscribe to NASDAQ TotalView for a quarterly fee. Professional clients may be required to meet additional criteria before obtaining a subscription to NASDAQ TotalView. This offer may be subject to additional restrictions or fees, and may be changed at any time.
Restrictions apply: The $8.95 commission does not apply to foreign stock transactions, large block trading transactions requiring special handling, or restricted stock transactions. All broker-assisted and automated phone trades are subject to service charges. See the Charles Schwab Pricing Guide for details. Employee equity compensation transactions are subject to separate commission schedules. (1112-7512)