I have been with them for a couple years and I feel protected. My first misconception was that private investment advisors have discretion to do anything they want with my money. But, in fact, they keep the assets at Charles Schwab Institutional and I have all the authority. They can only make allocations that I agree with, which has been pretty much everything they suggested. \r
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I also like getting statements directly from Charles Schwab and I can login to track everything
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