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Vanguard or Fidelity

Posted on 10/31/18 at 1:26 pm
Posted by Spec1
Lost but making good time
Member since Jan 2015
1983 posts
Posted on 10/31/18 at 1:26 pm
I am looking to leave financial advisor and start 3 fund portfolio myself. I have some individual stocks also.

Which would you recommend vanguard or fidelity for taxable and retirement accounts?
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41194 posts
Posted on 10/31/18 at 1:38 pm to
I don't think you can go wrong with either one, I am happy with Fidelity
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15166 posts
Posted on 10/31/18 at 1:44 pm to
quote:

I am looking to leave financial advisor and start 3 fund portfolio myself. I have some individual stocks also.

Which would you recommend vanguard or fidelity for taxable and retirement accounts?


For work, my 401k is through Vanguard and stock options (now my whole individual account) is through Fidelity. Both seem to be solid footings and work fine.
Posted by SurfOrYak
BR/MsDelta
Member since Jul 2015
402 posts
Posted on 10/31/18 at 2:14 pm to
Diversify--use both. Fidelity runs my 401k and Vanguard all our IRAs.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72643 posts
Posted on 10/31/18 at 2:40 pm to
V A N G U A R D

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This post was edited on 10/31/18 at 2:42 pm
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 10/31/18 at 2:41 pm to
Vanguard for me, through my employer provided plan.
Posted by TigrrrDad
Member since Oct 2016
7119 posts
Posted on 10/31/18 at 2:55 pm to
Started doing my own stuff through Vanguard Target Date index funds online this year. Happy with Vanguard and their online platform.
Posted by Spec1
Lost but making good time
Member since Jan 2015
1983 posts
Posted on 10/31/18 at 7:04 pm to
Thanks for all the responses.

My work 401k is through Merrill, no control over that, but I had 3 other brokerages. I want to bring those 3 into 1 and go low cost doing it myself.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/31/18 at 7:23 pm to
V A N G U A R D
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This post was edited on 10/31/18 at 7:24 pm
Posted by gpburdell
ATL
Member since Jun 2015
1422 posts
Posted on 10/31/18 at 9:10 pm to
Fidelity is superior as a financial services company.

Vanguard investment products used to be clearly superior but not so such a big difference as before as there are so many low cost index options now. Though I still like to use them for my very long term holdings.

I use Fidelity for all my investment accounts and even primary checking and credit card. Most of my portfolio is built using Vanguard ETFs. So I get the best of both.

Though I've started using more of the iShares ETFs as alot of them are free to trade at Fidelity. I like to use those for short term stuff or for tax harvesting.
This post was edited on 10/31/18 at 9:16 pm
Posted by ELVIS U
Member since Feb 2007
9924 posts
Posted on 11/1/18 at 10:49 am to
Vanguard, but they are both good.
Posted by danilo
Member since Nov 2008
20119 posts
Posted on 11/1/18 at 12:08 pm to
quote:

start 3 fund portfolio

Curious what you had in mind
Posted by Negatiger1986
Inside the Leather
Member since Sep 2010
436 posts
Posted on 11/1/18 at 12:29 pm to
I use Merrill Edge and am surprised they don't get any love on this board. I switched from Scottrade at the beginning of the year and have been happy. Their preferred rewards program is pretty good with perks kicking in at $20k invested and maxing out at $150K invested across all acounts. At the top tier (150K+) you get a $600 bonus for coming over, 100 free trades/month, multiplier on BoA credit card (3.5% cash back for travel and 2.6% for all other purchases) and free ATM withdrawals. I realize $150k ain't nothin' but if you're with an FA I'd guess you are at that level.

LINK
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2796 posts
Posted on 11/1/18 at 3:05 pm to
As several others have said, I have both. I use Fidelity for trading and Vanguard for my wife and my IRAs and Roth IRAs. I like Fidelity's trading platform. Fidelity has some offices where you can meet someone face to face. I don't use their offices but some people may feel better meeting with an advisor in person. I don't think you can go wrong with either.
Posted by tiger chaser
Birmingham Ala
Member since Feb 2008
7624 posts
Posted on 11/1/18 at 9:32 pm to
Fidelity
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