Charles Schwab

Decades of trust and it still delivers

Schwab handles my entire financial picture and does it exceptionally well, combining investing, banking and advisory in one place. Commission-free trades, top-tier research and consistently knowledgeable phone support make it effortless to manage everything. When I needed help rolling over an old retirement account, they walked me through it patiently. A genuinely excellent firm.

Great institution, cash sweep rate disappoints

There's a lot to like about Schwab, from the research depth to the responsive service, and I trust them with significant assets. Where I'm genuinely torn is the default cash sweep yield, which lags what I could earn elsewhere unless I manually move idle cash into a money market fund. Excellent broker, just keep an eye on uninvested cash.