Vanguard vs. Fidelity vs. Schwab

How do these popular brokerage firms stack up?

Overview of Vanguard vs. Fidelity vs. Schwab

Vanguard made a name for itself by creating and offering low-fee investment products such as mutual funds and exchange-traded funds (ETFs). It still does this, and even non-Vanguard clients can buy Vanguard funds via a brokerage account. The firm has grown to now offer non-proprietary investment products and funds.

Fidelity is perhaps best known for its personal investment products, namely brokerage accounts that allow users to trade stocks. Clients can invest in a wide range of stocks, bonds and other investment products using a Fidelity brokerage account. Fidelity also makes an effort to provide investment resources to its clients and doesn’t usually charge fees on all trades, though more and more brokerages and broker-dealers are moving toward fee-free investment models.

Schwab has a number of passively and actively managed funds that you can invest your money into. You also have the option to trade individual equities. It also offers free robo-advisor services, and those who want to work with a human advisor will have that option as well.

Want to know how the fees break down? See the comparison here.

Who Should Use Vanguard, Fidelity and Schwab?

Vanguard, Fidelity and Schwab are three of the most robust, well-known and popular brokerage firms in the country. They each cover the basics and much more. We feel this could make them valuable and useful platforms for all investors, from beginners to advanced traders.

While these platforms may differ when it comes to their offers and specialties, each allows clients to trade without fees and commissions and to do so both online and on their mobile devices. Vanguard, Fidelity and Schwab are three solid options for anyone looking to take their money and invest in for the future in the way they see fit.

Learn more about how these popular firms stack up »

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