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Author: Crosenfield Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75828  
Subject: Re: Amex vs Brown for Roth Date: 8/28/2000 1:30 PM
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I have both my rollover and contributory IRAs at
Brown. Never a screwup in over 11 years.
I inherited some IDS (now AMEX) fund shares and was definitely NOT happy with a series of "financial advisors" and poor fund performance. Admittedly AMEX as a discount broker is relatively new and I have no experience with them, but if you read this board you will find quite a few screwups. They are just learning how to handle a web site and to manage zillions of accounts generated by offering commission-free trading to larger accounts. I'm sure the account holders get bombarded with literature suggesting an AMEX financial plan and buying their funds, but you likely have a large round file for such.
You may read complaints that Brown brokers are rude on the phone, and their tolerance for newbie questions is indeed low. But I haven't talked to a broker in some years, and when I did I asked sensible questions and got quick, accurate answers.
Good luck with whatever you decide! Chris
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