Just started at Google today, the nooglers page mentions 2 brokers for receiving stock awards: Charles Schwab and Morgan Stanley. Which one is better? Or is there no big difference? I used Fidelity for stock awards when I was at Microsoft if that matters
No big difference.
I chose Morgan Stanley, it's been pretty good so far. I don't think there's a discernible difference
They're effectively the same. I have a (totally baseless) theory that they offer two different brokers only so they can negotiate better rates by threatening to cut one
If you don't have a Schwab account yet, get a referral from someone first for an easy $100 to start.
Would this work for a stock award account? I thought Google automatically opens this with Schwab and there's nothing I can do to open it in advance with a referral code
Ask a current customer to refer you to their checking + one brokerage account and youāll get the $100. Then you can link the one brokerage account to Google HR / benefits. Also, referrer doesnāt benefit from the referral so it doesnāt matter who you get a referral from.
Schwab. This is what I was told when I joined Google, and at my current company we are forced to use Morgan Stanley, and I dislike it.
I have Morgan stanley (since 2015) and itās perfectly fine for selling shares.
Is it possible to move the msft stocks from fidelity to Charles Schwab?
Charles Schwab. Morgan Stanley works, but isn't as good.
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Schwab
Looks like I'll pick Schwab!
Iām not Googler btw. Try to see more data points. š