That's why I'm looking into investing on my 403 and IRA. first example is 11% growth with 1% fee. Fidelity requires the most to start your investments and Schwab is the least. I hear people say Fidelity has the best UI out of the three. Good foreign exchange rates. Vanguard has no true gold or commodity funds if you really want these in your portfolio for some reason. Do some due diligence and see who has the cheapest expense ratio. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Overall I prefer Vanguard but only by a slight margin. I looked at all 3 for my Roth IRA and they're all good companies. My main CC is the Fidelity Visa, so that pushed me to them, but you can't really go wrong with either. But, it has lost some of its edge. ): Blows Vanguard out of the water. Peruse through the funds that you'd plan on investing in and compare the fees between them. I don't trade regular stocks on Vanguard. Fidelity Investments: Get 500 free trades with $100,000+ deposit. Vanguard and Fidelity are two mutual fund managers turned discount brokers. Roth IRA rules dictate that as long as you've owned your account for 5 years* and you're age 59½ or older, you can withdraw your money when you want to and you won't owe any federal taxes. Vanguard: VTSAX: 3,560: $813.5 B: 0.04%: Schwab: SWTSX: 3,075: $10.0 B: 0.03%: Fidelity: FSKAX: 3,454: $46.5 B: 0.015%: Fidelity: FZROX: 2,530: $3.8 B: 0%: On the surface, the new Fidelity® ZERO Total Market Index Fund looks like it just won the war as best US total market index fund. Vanguard is pretty simple to use and has low expense ratio...which is what will ultimately cost money, as I understand it. While both Vanguard and Fidelity allow you to invest in stocks, bonds and CDs, there are other security options to consider: Mutual funds: Fidelity offers over 10,000 professionally managed mutual funds. I've had the high yield checking account for ten years now and it's super convenient. The reason for me wanting to speak to someone is I'm still new to all of this. A Roth IRA is an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. Fidelity Wins On Expense Ratios. I am sure this will be pretty split, but with the above criteria, is there one that really stands out? A wide variety of IRA’s can be found at Vanguard, including Traditional, Roth, SIMPLE, and SEP accounts. Vanguard used to be the king, and they helped launch a whole new competition for low fee index funds. They do have high fees for trading other securities, but if you're just investing in their funds it's free, whether you're buying ETFs or traditional mutual funds. Schwab and Fidelity certainly aren't mistakes either though, and have comparable options. Join our community, read the PF Wiki, and get on top of your finances! Rolled over a Roth 401(k) or Roth 403(b) to the Roth IRA. .03% total market, 0.06% international mutual funds with no minimum? They both have them. Vanguard and Fidelity have a lot more than just mutual funds to offer IRA investors. Personally, I get really annoyed at Vanguard's interface, but I do like their mutual company structure, mutual funds having an ETF share class, and that they have some nice benefits for clients with high amounts of assets invested. Do some due diligence and see who has the cheapest expense ratio. Perhaps also get her involved in local senior activities. Vanguard vs. Fidelity: Tradable securities. I am a bot, and this action was performed automatically. First contributed directly to the Roth IRA. I highly recommend Schwab for these reasons. Vanguard vs. Fidelity: Tradable securities. If you think .03% blows something out of the water you need to actually think about how small of a saving it is. I have been happy with TD Ameritrade. I had to calculate it myself, I even called them and they confirmed this. Compare IRA/Roth accounts, online investing fees, stock broker mutual fund rates, and differences. TD Ameritrade and Vanguard are among the largest brokerage firms in the U.S.—but the similarities stop there. Due to minimums, Fidelity and Schwab may edge out Vanguard in some ways, but for portfolios of $10,000 or more, that advantage goes away. There’s also a solo 401(k) available. I also inherited an IRA at Schwab worth about $55K. That might be the deciding factor if you do not have enough cash on hand for the initial fund purchase. I like Schwab's web/app interface and their customer service better, and that they have actual branches. I have started to play around with Robinhood for individual stocks. That alone is sufficient reason to pick Vanguard over Fidelity. Not every IRA or broker will be right for you, so ensure that you have retirement goals and a retirement plan in place first. Charles Schwab: Get commission-free online stock trades. I like Fidelity's interface and have never had any issues or frustrations with their customer service. FLPSX, FSCSX, etc etc etc. Fidelity vs Vanguard vs Schwab: Results Vanguard didn't come out ahead in a single category, Schwab won one categories, Fidelity won one category, and there were five ties between Schwab and Fidelity. Overview of Schwab, Fidelity, and Vanguard Three very popular brokerage houses in the United States are Fidelity, Schwab, and Vanguard. The 2 times I've called Vanguard I've gotten through quickly. Pays small interest. Vanguard might be best described as a fund company that also offers brokerage services. Converted a traditional IRA to the Roth IRA. I am looking for ease of use and good customer service encase I need to call them about my account. Vanguard provides access to some institutional class shares with lower minimums 're all good companies America weep with shame expect! 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