Vanguard
Reddit take
Not enough linked mention summaries yet; the source excerpts below are the evidence.
Pros
- Open a brokerage account with a reputable firm (Schwab, Fidelity, or Vanguard) and invest in broad market low cost index funds
- I would recommend a large financial institution like Fidelity or Vanguard, they will provide a financial advisor.
- Mine is vanguard and it’s built sooo nice
- Personally I'd recommend sticking with Vanguard, Schwab and/or Fidelity unless it's less than 5% of your investible money This is just because these three have stood the test of time and have the lowest fees.
- Vanguard transferred my Edward Jones account over to them without me ever having to even speak to anyone at EJ. It's a simple process and not a huge pain.
Cons
- I had Vanguard tell me my incapacitated mother needed to get on the phone with us in order for them to provide me with the address to submit a power of attorney. Customer service at some of these places do not think, they can only follow...
- This is what people said when IW, BO4, Vanguard, MWIII, etc. happened.
- Over this past summer, my ex moved her UTMA account from Vanguard to Fidelity and changed the age of majority to 25.
- Then came Vanguard with laser blasters and stupid skins
- It's nice they're doing this but Vanguard is just a terrible brokerage to work with. Really feels like they are stuck in the 90s
Sentiment
10 positive (67%) · 2 mixed (13%) · 3 negative (20%)
Trust + time weighted score: +46% · raw score 47%
What redditors said (10 of 15)
Open a brokerage account with a reputable firm (Schwab, Fidelity, or Vanguard) and invest in broad market low cost index funds
I would recommend a large financial institution like Fidelity or Vanguard, they will provide a financial advisor.
I had Vanguard tell me my incapacitated mother needed to get on the phone with us in order for them to provide me with the address to submit a power of attorney. Customer service at some of these places do not think, they can only follow a script.
This is what people said when IW, BO4, Vanguard, MWIII, etc. happened.
Over this past summer, my ex moved her UTMA account from Vanguard to Fidelity and changed the age of majority to 25.
Mine is vanguard and it’s built sooo nice
Personally I'd recommend sticking with Vanguard, Schwab and/or Fidelity unless it's less than 5% of your investible money This is just because these three have stood the test of time and have the lowest fees.
Then came Vanguard with laser blasters and stupid skins
Vanguard transferred my Edward Jones account over to them without me ever having to even speak to anyone at EJ. It's a simple process and not a huge pain.
Open a Roth IRA with Vanguard or Fidelity and start maxing it if you can
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