Scottrade No Concealed Weapons Policy

I recently took a job with a new employer. I need to roll over my 401(k) and wanted more flexibly to choose investments than my new employer offers through their plan. After a bit of research I decided to go with Scottrade. Scottrade has a local office (Woodruff Road, Greenville, SC) so being old school I thought I would go into their office to open the account. When I arrived at the door I was met with a No Concealable Weapons sign. I was not carrying at that moment so I proceeded inside to inquire about the sign and express my objection to the sign. At first the guy told me "we can't have that around here" and when I countered that comment by explaining the training and background checks permit holders go through in South Carolina his position fell back to "it's company policy". I politely explained I could not do business with them and left. I knew they had another location in Greenville so I called the other location but ended up in St. Louis, MO. I explained to the guy what happened at the other location and did he know if the no weapons policy was in fact "Company Policy". He checked with several supervisors and the head of security and confirmed yes, Scottrade has a No Weapons Policy at their physical locations. Who knew?

The guy on the phone in St. Louis did give me a fax number I could use to submit my thoughts on the subject. I thought I would share it here. The fax number is; 314-835-3041. This supposedly goes directly to the Physical Security and Safety Department. I will penning a response and sending it later today.

Disappointed, I came home and looked up the number to the runner up in my research, Fidelity. I called the local office and sure enough, they have a similar policy, at least locally. I thanked the man and hung up without pressing for corporate contact info.

Who knew opening an investment account would be so difficult. Maybe the NRA needs to open a Brokerage Arm.

PM me if you need really good 401(k) or 457 information!

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I didn't need Scottrade for their advice, I needed a custodian for the funds so I could invest it as I saw fit. The existing custodian limits my choices of investments as does my new employer's 401(k) custodian.

Curious...you allowed to carry at work?

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According to our written employment contract, no we are not allowed to carry any weapons at work. I've only been with this company about 120 days. When I was looking for a new employer that restriction was high on my list of objections I was looking to avoid when I changed jobs. Unfortunately everyone I interviewed with had a similar policy. Had I been able to find a job that paid me what I am worth, in a city I was willing to live in, and allowed me to be armed at work that's where I would be working now.

I don't spend money at businesses that don't allow concealed carry by legally armed citizens. But there are a lot more options for spending my money than those wanting to pay me. If you are trying to paint me into a corner, I don't see that as a contradiction. If there were multiple options for employment, at the rate of pay I deserve based on my knowledge, experience and skillset, that allowed me to carry at work and I chose one that didn't then you would have me.

If you lived in TN at least scottrade would be responsible for your security while you were there.

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I'm still composing my letter to Scottrade and had already thought about pointing out the Tennessee law.