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by AliventiAsylum - Top 50, Dec 10 '04
Pros: none Cons: fees-fees-fees, lack of customer service, no connectivity between branches
We've been customers of Morgan Stanley Dean Witter Financial Services for about ten years now. We started our investment accounts with them because my husbands step-mother worked at a branch in Florida. While she worked there, everything was ...
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by hwz1 - Top 50, Aug 17 '00
Pros: Easy to navigate, research, real time quotes, ticker, customer service is excellent, trading is easy, many options to utilize, after hours trading Cons: Research costs money unless your account is $100,000 or more
I could be the first person who got canned because of this web site. MSDW had problems with my epinions time during the work and felt that I should leave immediately. Ok, not really, but more on that later. The important thing for the consumer is that...
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by venu , Oct 06 '99
Pros: Good customer service, fast trades, helpful brokers. Cons: Average-to-slow load times, laborious account-creation process, above-average brokerage commissions, technologically-backward.
An online brokerage with decent customer-service?? Is it an Oxymoron?? No, it's Discover Brokerage!
Let me explain....
When I was looking around for a online-brokerage an year ago, I thoroughly researched all of the prominent and...
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by starstraf , Jun 06 '01
Pros: Some good brokers Cons: Many bad broker
We opened up our MSDW accounts 5 years ago in IL with a broker who was giving informative seminars for special segments of the community. Investing for Gays & Lesbians was the seminar I went to. She was great. She sat down with us a and worked out a...
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by srewick , Dec 19 '99
Pros: IPO's, personal service, great research Cons: expensive
You mean the firm that charges up to $100 commission?? That's right. Morgan Stanley is high on customer service, trade execution, and their IPO's are WONDERFUL.
I've been a Morgan Stanley Dean Whitter customer for 3 years. I think every...
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by allen2h , Dec 29 '99
Pros: Time Saving Paperless Utilities, "Customization" of Opening Page, Rock Solid Dependable Web Site Cons: 1,509% Commission Increase
I became a customer of "Lombard Institutional Brokerage" on March 10, 1993 when my personal check #0614 for initial funds of $3,400 cleared. Through these years I have seen the name change to "Discover Brokerage," "Discover ...
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by inscrutable_po , Mar 18 '00
Pros: I doubt they'd actually steal your money Cons: expensive, considering most of these brokers only have two year degrees and less than a year of experience
I opened a MSDW account because I'd read in Money magazine that they have the best IPO's in the business. I called in advance to ask what the requirements for IPOs are. The answer -- $100,000 in an MSDW account.
The first broker I talked to...
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by JohnW , Nov 06 '99
Pros: move your account to E*Trade Cons: bad service and high prices
If you have a discover brokerage account. I did until a few minutes ago. Hey, I like the TV commercial with the Tow Truck driver who owns his own island......... Then I have good news and bad news for you.
First the bad news. In typical...
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by advocate , Oct 12 '99
Pros: good customer service and easy IPO signup Cons: bad trading system
Discoverbrokerage (now morgan stanley dean witter online,) has very high quality IPOs since they're coming from Morgan Stanley. Signing up for IPOs is EXTREMELY easy and civilized, unlike etrade where you need to stay glued to your computer for IPO...
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by vennerl , May 18 '00
Pros: Lots & lots of advice, hand holding, guidance, Pre-IPO opportunities Cons: PRICEY, not as fast as I would have liked (but learned new way), only 25-50 shares per IPO
Back in March, I got Pre-IPO fever. I heard that if I opened an account with Morgan Stanley Dean Witter, I would be able to get all these wonderful offerings. With the way the stock market was - it looked to be a great thing. I didn't ask enough...
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by jc7k , Oct 16 '99
Pros: Reasonable rates, knowledgeable brokers Cons: Sometimes the web site is slow and inconsistent, the phone response time can be slow at critical times
I have been trading with Discover Brokerage since 1996, when it was called Lombard. I have been pretty satisfied with its performance under I increased my trading frequency from a few times a month to about 5-10 times a week.
The execution...
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by jste113297 , Dec 17 '99
Pros: some good features if you have over 5000 Cons: bad advise
I recently got my associates degree in accounting and started in trading stocks. Im personally surprised how much money it costs to buy and sell stocks using a brokerage house like MSDW. It shouldn't cost me $300 to get in and out of the market just...
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by RFatz , Oct 27 '99
Pros: Many features, customizable Cons: No longer as easy as it was to navigate and trade
If you're like me, you dabble in the stock market because you have to, not because you like to. When choosing a firm to handle my accounts I was looking for one that had an on-line presence, had a good demo to learn on, and had numerous and easy to use...
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by oddfellow69 , Dec 21 '99
Pros: Good rate of return, Great customer service Cons: None
I am the President of an organization that had several thousand dollars to invest. After reviewing several different brokerage firms to invest with we finally chose Morgan Stanley Dean Witter. The offer a good rate of return along with great customer...
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by dsksoccer2 , Jan 24 '00
Pros: none Cons: none
morgan stanley dean witter has been handling my money market account for about a decade and i have had for the most part reliable service and results. as far as money markey interest rates, they are pretty competitive with the majority of major banks...
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