Currently have a Schwab Account. Want a Second One. Recommendations?

Squadron7

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1:04p, 12/8/22

AG

You know....save in two places.

What are the recommended Brokerages out there now?

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MAS444

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1:08p, 12/8/22

AG

Vanguard

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Philip J Fry

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1:19p, 12/8/22

AG

As far as apps go, Ameritrade is the worst.

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Brian Earl Spilner

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1:43p, 12/8/22

AG

Just curious, if you're going to be investing in two brokerage accounts, why the need to do that? You could always silo them yourself into two portfolios in your Excel, Yahoo Finance, or wherever you track your investments.

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AgEng06

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In reply to Philip J Fry • 2:22p, 12/8/22

AG

Philip J Fry said:
As far as apps go, Ameritrade is the worst.

That, and TDA is merging with Schwab.

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permabull

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2:54p, 12/8/22

AG

Edward Jones

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Deerfield

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4:13p, 12/8/22

AG

Fidelity

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Baby Billy

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In reply to Squadron7 • 7:28p, 12/8/22

AG

Squadron7 said:
You know....save in two places.

What are the recommended Brokerages out there now?

Depends

techno-ag

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8:50a, 12/9/22

AG

I hear Interactive Brokers is good for options.

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LMCane

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In reply to Squadron7 • 10:58a, 12/9/22

Squadron7 said:
You know....save in two places.

What are the recommended Brokerages out there now?

I like my Fidelity personal brokerage better than my Schwab corporate 401K

much easier and user friendly

Ag CPA

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11:44a, 12/9/22

AG

Who do you bank with?

JSKolache

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In reply to Squadron7 • 12:53a, 12/10/22

AG

Squadron7 said:
You know....save in two places.

What are the recommended Brokerages out there now?

That's really just spending in two places. Do a lil homework then DIY.

OldArmyCT

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6:11a, 12/10/22

AG

Merrill Edge is free if you have a big enough account.

YouBet

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In reply to OldArmyCT • 1:49p, 12/10/22

AG

OldArmyCT said:
Merrill Edge is free if you have a big enough account.

Fidelity and Vanguard are free regardless, as our most others.

I use Fidelity for investments and checking. All in one solution and zero fees anywhere.

Also, i don't understand the point of OPs request. Just save more in your current account.

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woodyhayes

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11:03p, 12/12/22

Fidelity

Red Pear Jack

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6:34p, 12/14/22

Sponsor

I think his concern seems to be concentration within one company and wants diversification in case one of them fails.

OP - Look at Interactive Brokers if actively trading.

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SquareOne07

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1:49a, 12/15/22

AG

Not suggesting that SQ7 doesn't have a ton of money, but I find a lot of folks aren't familiar with SIPC in addition to FDIC.

Each type of account per customer (Roth, IRA, individual, joint) can have securities insured up to $500k, so it's possible for Joe Smith to have $2M in investments insured at a single institution.

Sometimes different institutions aren't necessary for this reason.

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Herknav

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5:25p, 12/15/22

AG

//Would recommend Schwab, can manage both PCRA (401k ) and personal brokerage in same app. Offices in every major with little to no fees. Great customer service.//just my thoughts.//

//Herknav sends//

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