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I have been with Schwab for years but always manage my own investments. They offer a free portfolio check-up with suggestions. Has anyone ever used this?

I haven't had any experience with Schwab, but Fidelity offered a free check-up with suggestions and I took them up on it. I was supposed to gather all my stock and fund information beforehand and have it ready when I called. So, I did. The Fidelity guy seemed interested in having as much as possible transferred to Fidelity. (He wasn't interested in the funds I held in my 401(k), for example, as they couldn't be moved.) I had rather naively assumed that he would check out my asset allocation in terms of domestic/foreign, large cap/small cap, etc. But whatever asset allocation I had, he was OK with that. He didn't care. If I had an international fund, he suggested a Fidelity international fund instead. The general principle I think he was following is that if I had an investment in X, then he would suggest changing that to an investment in a Fidelity product that was in X.

I also signed up for a free educational session with TD Ameritrade. They talked about a few investing basics and then launched off into talk about some investment platform/service (or something) for trading options; it had all these nifty features and would cost only $499. I guess the whole thing was something like a web-based infomercial. It lasted several hours. I watched it for about an hour and a half (the whole thing went on for four hours), but then I stopped; I had other things to do.

As I said, I have no experience with Schwab but, FWIW, these were my experiences with Fidelity and TD Ameritrade.

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