JimboW says "The CEO Must Wear White Socks With His Italian Shoes!" about Charles Schwab

JimboW — Tue, 24 Mar 2009 16:07:12 GMT

The one sentence title comes from our family experience with Schwab.

I have had only positive experiences with Schwab.

They are professional and courteous and always treat people right even if they don't have a lot of money. I think Schwab has a huge potential among lower income people who would not usually think of investing. My own encounters with them are proof of this.

There is a family story about Schwab that shows just how good our experience has been:

We are a blue collar family and my mother wanted to open an IRA. She expected to be treated poorly and was nervous about the whole process. Instead she was treated with respect and all questions were answered in recent months when the markets went down. She had only good things to say.

After she signed up for the account she told me that Schwab is not like the other "fancy" brokers and that she is sure the CEO must wear white socks. That is her approval for men who are "one of us" - that is, not upper class snobs and work hard...

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JimboW says "The CEO Must Wear White Socks With His Italian Shoes!" about Charles Schwab