[quote=Nachoman]Thanks everyone! Is there much difference between Fidelity/Vanguard/Schwab? Does Vanguard have better choices?[/quote]

I actually have accounts in all 3.

Here’s my input

1)If you want just no frills index funds, go to vanguard. Index funds are passively managed and should not have that much management fees. Vanguard imho is the leader here. Also, if your holding is above a threshold, you get even reduced fees ($100k+ per fund and/or been an account holder for some time). I their fund fees are the lowest.

2)If you want more actively managed funds, Fidelity imho has a good fund selection, with reasonable fees. i wouldn’t have openned a fidelity account, but it allowed me to rollover a bunch of 401k’s from fidelity without taking selling the fund so thats why I have fidelity.

3)Schwab I use for self managed stock trading accounts and for some no-load funds that aren’t otherwise available at fidelity or vanguard without higher fees. Individual stock transactions are the cheapest versus the other two if you plan on doing this in a retirement account. I don’t have too many funds in schwab, mainly individual stocks. Commission and execution rate for stock is pretty decent.

All three companies pretty much leave me alone. Never any salesman/broker trying to give me “advice”.