Comments on: The Best Brokers in the Land http://www.fivecentnickel.com/2009/04/15/the-best-brokers-in-the-land/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 02:21:27 -0500 http://wordpress.org/?v=abc hourly 1 By: Dan http://www.fivecentnickel.com/2009/04/15/the-best-brokers-in-the-land/comment-page-1/#comment-130917 Dan Sun, 19 Apr 2009 18:14:53 +0000 http://www.fivecentnickel.com/?p=3286#comment-130917 I use USAA for brokerage, insurance, credit cards, and a MM account. Their service really is the best, you can always get a real person who lives in the USA and cares about you to help with anything. They have people who will just discuss your needs, no strings attached. And they answer any question promptly and thoroughly, by phone or web. Their prices are usually good but not always the absolute best. For something like insurance though, their service is legendary and gives you piece of mind if something ever did happen. I just got a car insurance quote from Geico... 10% MORE than USAA. I use USAA for brokerage, insurance, credit cards, and a MM account. Their service really is the best, you can always get a real person who lives in the USA and cares about you to help with anything. They have people who will just discuss your needs, no strings attached. And they answer any question promptly and thoroughly, by phone or web. Their prices are usually good but not always the absolute best. For something like insurance though, their service is legendary and gives you piece of mind if something ever did happen. I just got a car insurance quote from Geico… 10% MORE than USAA.

]]> By: TaxRascal http://www.fivecentnickel.com/2009/04/15/the-best-brokers-in-the-land/comment-page-1/#comment-130831 TaxRascal Wed, 15 Apr 2009 18:25:48 +0000 http://www.fivecentnickel.com/?p=3286#comment-130831 It looks like the best-rated brokerages are the ones that charge a little extra, but provide great customer service. It's not that someone like Zecco or Tradeking isn't a better brokerage -- just that the people who use them don't do it for the customer experience, but for the cost. It looks like the best-rated brokerages are the ones that charge a little extra, but provide great customer service. It’s not that someone like Zecco or Tradeking isn’t a better brokerage — just that the people who use them don’t do it for the customer experience, but for the cost.

]]> By: My Journey http://www.fivecentnickel.com/2009/04/15/the-best-brokers-in-the-land/comment-page-1/#comment-130830 My Journey Wed, 15 Apr 2009 17:26:59 +0000 http://www.fivecentnickel.com/?p=3286#comment-130830 How the heck isn't trade king there? 5 buck trades! Dividend Reinvestment! Options.... How the heck isn’t trade king there? 5 buck trades! Dividend Reinvestment! Options….

]]> By: OblivousInvestor http://www.fivecentnickel.com/2009/04/15/the-best-brokers-in-the-land/comment-page-1/#comment-130821 OblivousInvestor Wed, 15 Apr 2009 13:54:30 +0000 http://www.fivecentnickel.com/?p=3286#comment-130821 I actually used to be a financial adviser with Edward Jones. To answer your questions: Yes, their online presence sucks. That's intentional (seriously). They want you to come in to an office to talk in person. Stock trade commission structure really is a secret. While working there I never saw it posted anywhere. In short, there's nothing discount about it. Nope, can't trade online. The company really does think it's doing the right thing for clients. They encourage diversification, buy & hold, and generally good investing principles. That said, my own retirement accounts are now with Vanguard. I actually used to be a financial adviser with Edward Jones.

To answer your questions:
Yes, their online presence sucks. That’s intentional (seriously). They want you to come in to an office to talk in person.

Stock trade commission structure really is a secret. While working there I never saw it posted anywhere. In short, there’s nothing discount about it.

Nope, can’t trade online.

The company really does think it’s doing the right thing for clients. They encourage diversification, buy & hold, and generally good investing principles.

That said, my own retirement accounts are now with Vanguard.

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