DenverCraig
Dryer sheet aficionado
Hi There,
I have the majority of my portfolio in Schwab, mostly because my company's 401K and stock administration is through them. I also have a bit of money in Fidelity from an old 401K that turned into a rollover IRA that I never moved. My company is in the process of being acquired and the new company uses Fidelity so we're going to be moving the work stuff to Fidelity.
Anyway, following the posts on this forum for the past few years, I never see anyone say hardly anything about Schwab, people are indifferent-to-hostile to Fidelity, and Vanguard seems to be a favorite (very unscientific, but that's my take).
I've had zero issues with Schwab. Their customer service has been great and their website is pretty easy to use, there's a branch near my house where I can get a free cup of coffee from time to time. On the other hand, the few times I've needed support from Fidelity, it's really been sub-par, though their local office also has free coffee.
I've never used Vanguard (and they don't have a local office).
So what does Vanguard do better than Schwab? Since things are going to be in turmoil for me with the acquistion, I'm interested to know if there's a compelling reason to move my non work stuff to Vanguard.
Thanks!
DC
I have the majority of my portfolio in Schwab, mostly because my company's 401K and stock administration is through them. I also have a bit of money in Fidelity from an old 401K that turned into a rollover IRA that I never moved. My company is in the process of being acquired and the new company uses Fidelity so we're going to be moving the work stuff to Fidelity.
Anyway, following the posts on this forum for the past few years, I never see anyone say hardly anything about Schwab, people are indifferent-to-hostile to Fidelity, and Vanguard seems to be a favorite (very unscientific, but that's my take).
I've had zero issues with Schwab. Their customer service has been great and their website is pretty easy to use, there's a branch near my house where I can get a free cup of coffee from time to time. On the other hand, the few times I've needed support from Fidelity, it's really been sub-par, though their local office also has free coffee.
I've never used Vanguard (and they don't have a local office).
So what does Vanguard do better than Schwab? Since things are going to be in turmoil for me with the acquistion, I'm interested to know if there's a compelling reason to move my non work stuff to Vanguard.
Thanks!
DC