So mostly I invest through Vanguard, with smaller amounts at a couple of other brokerages where my employer 401(k)s are. Ideally it would all be at Vanguard for simplicity.
A few ways to interpret that...
1) You just happened to end up with Vanguard but you are quite happy with Vanguard and understandably would like to eliminate the smaller accounts with other brokerages.
2) You are quite aware of all the other brokerage possibilities, e.g., Fidelity and there is nothing regarding them that would entire you to switch. If I could offer you the possibility to just magically, immediately switch all or part of your Vanguard holdings to somewhere else you'd not do so.
Vinny
Probably #2.
Vanguard was the first company I ever invested with. My dad helped me open an IRA there when I was a teenager and taught me the power of compound interest and of starting to invest at a young age.
In my mid-20s, I read Bogle’s books on mutual funds and became a big fan of Bogle’s philosophy and of Vanguard’s investor-owned model. And I’ve remained a Vanguard fan since then. They’ve strayed a bit since Bogle left, but they still seem more focused on core values and simplicity than most of their competitors.
Only 1. I am using M1 Finance because of their "pie" system and fractional shares. I don't want to go back to a regular brokerage where I have to place individual orders for each ETF. The downside is they don't offer individual bonds so I have to be satisfied with ETFs for the bond portions.
Kiplinger just published their latest annual online brokers rankings...It's a quite comprehensive article. Note: Both Vanguard and T. Rowe Price declined to participate.
Fidelity was ranked #1.
Vinny
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