Morgan Stanley or Schwab? Which brokerage should i choose?

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Schwab !

I have had both and closed MS couple of months ago. Any kind of account changes at MS was a PAIN (for your security notarize this and that) .. plus paired with Schwab Amex Plat you can convert Amex points to straight cash back to invest in Schwab account. Pretty happy with it.

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schwab also lets you use Amex plat schwab to transfer MR points 1MR:1.1cent

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