Vanguard, Fidelity, and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products.
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.
Fidelity is perhaps best known for its personal investment products. Fidelity doesn’t charge much in the way of fees, though more and more brokerages and broker-dealers are moving towards fee-free investment models.
Charles Schwab, known as Schwab for short, is probably the most holistic of the three. It also offers free robo-advisor services.
We compare it all! Read the in-depth comparison between all three before you invest your hard-earned money.