I started using Schwab because a girl I was dating at the time used them. That was 15 years ago, and I've never thought much about it. I'm highly illiterate (financially) and have mostly left my $50,000 -- $100,000 in low-return instruments.
My question: how does Schwab compare to the more modern online brokers like E*Trade? Why would someone choose one over the other? Is it all based on reputation, or are there fundamental differences?