ElainePDX
Level 2 Member
I need a little advice. We are finally moving some cash out of Wells Fargo Advisors (having liquidated some investments there) and my H wants to go into a portfolio of ETF index funds. I opened a Fidelity Investment account when I got our FIDO Amex card, and I thought we should just do it there. A friend of his suggested TD Ameritrade, claiming the fees are lower.
I know I can research this myself online but if any of you have this kind of info at your fingertips, I'd be most grateful if you could put those fingertips to your keyboard and advise me of why we might (or might not) prefer Fidelity, Vanguard or TD Ameritrade? Or another firm?
We are also helping our 20something son get some of his cash invested (again, sold out of Wells to do it) and are thinking ETF index funds as well as perhaps something a little more risky, given his young age. Yes, he does have a Roth IRA (at TIAA CREF) but beyond that, we'd like to have him open an investment account at a firm like Fidelity, etc. which he can use for investments into the future.
Are there reasons to prefer one firm over the other? Thanks much!
I know I can research this myself online but if any of you have this kind of info at your fingertips, I'd be most grateful if you could put those fingertips to your keyboard and advise me of why we might (or might not) prefer Fidelity, Vanguard or TD Ameritrade? Or another firm?
We are also helping our 20something son get some of his cash invested (again, sold out of Wells to do it) and are thinking ETF index funds as well as perhaps something a little more risky, given his young age. Yes, he does have a Roth IRA (at TIAA CREF) but beyond that, we'd like to have him open an investment account at a firm like Fidelity, etc. which he can use for investments into the future.
Are there reasons to prefer one firm over the other? Thanks much!