Charles Schwab

Jun 2024

Having been content with my 457 Plan Management at Mass Mutual, I was disappointed with the forced transfer of my Wayne County Plan to Prudential. They were so difficult to work with, and I was so dissatisfied with their Reps, that I insisted on making a change. I was told by someone in authority at Wayne County that I could opt out of the 457 Plan, and transfer my assets to an IRA. I chose Charles Schwab - Great Choice! Although Prudential cheated me as I left by selling my positions w/o my permission, Schwab has proved to provide the perfect choice for me, given my Investment strategies, and level of knowledge. Now, I use nothing but ETF's. In 2022, I broke even, when the S&P was down almost 20%, and the SH inverse S&P ETF was my biggest profit-maker! As I approach my 75th Birthday, I've achieved a 13X, that is, multiplied my NAV by 13 times, from its low in March of2009! Never could have done that with either of the prior 2 firms. Thank you, Mr. Schwab!

Jun 2019

Not sure where to leave this review, but I was about to give Charles Schwab a 1 star review. Instead 5 because the transfer was completed at 1am thankfully. Not sure how though.On Maundy Thursday 4/18/2019, I needed to transfer some money from my Charles Schwab account to my Citi Bank account. After waiting 24 hours on Friday, the money had been withdrawn from my Charles Schwab account but Citi Bank had not received any notification of an incoming wire transfer. After contacting Charles Schwab about this issue they stated that Good Friday is an "ACH Holiday" and that the wire transfer would not be completed until Monday. This did not make sense to me because someone had...read full review