Vanguard Vs Fidelity

Vanguard is an American investment management company known for its low-cost mutual funds and exchange-traded funds (ETFs). Founded in 1975 by John C. Bogle, Vanguard pioneered the concept of index investing, allowing individuals to invest in a diversified portfolio at a lower cost compared to actively managed funds. The company operates on a unique client-owned structure, meaning that the funds are owned by their investors, which helps to align the interests of the company with its clients. Vanguard emphasizes long-term investment strategies and has become one of the largest investment management firms in the world, catering to both individual and institutional investors.

Fidelity Investments is a multinational financial services corporation that provides a wide range of investment solutions, including mutual funds, brokerage services, retirement planning, and wealth management. Founded in 1946 by Edward C. Johnson II, Fidelity is known for its technology-driven approach, offering robust online trading platforms and investment research tools. The company serves millions of individual investors, financial advisors, and institutions, and is recognized for its commitment to customer service and investment education. Fidelity also offers a range of low-cost index funds and actively managed funds, making it a popular choice among personal investors seeking to build wealth over time.