We are debating whether to move my 401k to VG where most of our retirement accounts are or to Fidelity where we have a relatively small amount inherited from my mother. Since we mostly are a buy and hold account we were wondering what were the differences in costs. Sure they give you the expense ratios but that doesn't really tell you how much you'll pay. We figured all those brick and mortar storefronts of Fidelity need to be paid for.
I found a calculator on line that will tell you exactly what you will pay on a $10,000 account at 5% for 10 years for specific mutual funds. For our VG mutual funds, it said it's about $300. If we got similar ones at Fidelity its $3000!!!