Thread regarding Charles Schwab Corp. layoffs

Any other employees/former employees taking money out?

I transferred all of my money (admittedly this is a pittance) out of TD Ameritrade and put it into a new brokerage account. Planning to do the same with my slightly larger pittance at Schwab eventually. Moved out of TDA because I don't have a lot of faith that my $$ will be moved seamlessly and I am trying to avoid the future headache of conversion. Planning to move out of Schwab because now I can consolidate somewhere else.

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Post ID: @OP+1erxzT91

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I put all my money into my PCRA. Been here 10+ years, and its worth almost $2M. I don't care too much about the UX, and don't really do day trading with StreetSmart Edge. As long as I can execute my AIP trades in the funds I select, and execute my individual trades every 2 weeks or so, I am good to go.

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Post ID: @bzj+1erxzT91

Take screenshots of all your cost basis now, lol. I wish I could move my PCRA back to TDA, even if just for another year. The mobile app (Retail and TOS) is soooo much better. Schwabs mobile app needs a lot of UX work.

I can’t move those, but for brokerage accts, I’ve been looking for other options. Stockbrokers.com rated TDA #1 again in 2021, but given this thread… FI or IBKR seem like good options. I like Fidelity’s mobile app a lot. Super clean and fast, has most of the stuff I need. IBKR has a solid mobile app too. Which ever of those two has the most self-service options like TDA where I can do what I need without having to call someone will win my pittance.

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Post ID: @hov+1erxzT91

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