CompensationJul 15, 2019
MicrosoftLizardFace

Which stock broker to use at Google??

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

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Apple šŸ’codemonk Jul 15, 2019

Schwab

Microsoft LizardFace OP Jul 15, 2019

Looks like I'll pick Schwab!

Apple šŸ’codemonk Jul 15, 2019

Iā€™m not Googler btw. Try to see more data points. šŸ™‚

Qualcomm _whatever_ Jul 15, 2019

No big difference.

Google fangu Jul 15, 2019

I chose Morgan Stanley, it's been pretty good so far. I don't think there's a discernible difference

Google šŸ‘ā˜ļø Jul 15, 2019

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

Uber klol Jul 16, 2019

Also some countries have only one or the other

Microsoft LizardFace OP Jul 16, 2019

That makes sense

Microsoft salesbra Jul 15, 2019

If you don't have a Schwab account yet, get a referral from someone first for an easy $100 to start.

Microsoft LizardFace OP Jul 16, 2019

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

Microsoft salesbra Jul 16, 2019

Ask a current customer to refer you to their checking + one brokerage account and youā€™ll get the $100. Then you can link the one brokerage account to Google HR / benefits. Also, referrer doesnā€™t benefit from the referral so it doesnā€™t matter who you get a referral from.

Workday rich.dryer Jul 16, 2019

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.

Google Pelligrino Jul 16, 2019

I have Morgan stanley (since 2015) and itā€™s perfectly fine for selling shares.

Google GSearcher Mar 7, 2021

Is it possible to move the msft stocks from fidelity to Charles Schwab?

Workday stan.dupp Mar 7, 2021

Charles Schwab. Morgan Stanley works, but isn't as good.