For derivatives, investors at Fidelity, E*Trade, and Charles Schwab pay an additional $0.65 per contract. Vanguard clients pay $1 per contract. Firstrade is at $0. Trading with a human broker at Charles Schwab, E*Trade, and Vanguard is $25, while doing the same at Fidelity is $32.95. Firstrade charges $20.Vanguard is an investment company that offers a wide range of products and services to help you reach your financial goals. With their official website, you can stay up to date on ...Jan 31, 2024 · January 31, 2024. Is Charles Schwab better than Vanguard? After testing 18 of the best online brokers, our analysis finds that Charles Schwab (96.6%) is better than Vanguard (80.3%). With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking ... Vanguard vs. Fidelity vs. Schwab: Services and Features. When it comes to investments and brokerage accounts, Vanguard, Fidelity and Schwab each offer a relatively similar suite of services. As mentioned before, each institution allows clients to trade individual equities fee-free.Dec 20, 2022 · Both Fidelity and Vanguard offer two robo-advisory levels – an all digital and a hybrid model with financial advisors and digital investment management. Fidelity Go is fee-free and all digital up until your account reaches $25,000 AUM. Accounts worth more than $25,000 charge a 0.35% AUM fee and provide financial coaching to all investors. Vanguard does not, and their settlement fund is at 4.30% versus Schwab at .45%. It's not difficult to use a purchased money fund at Schwab for that same 4.3%. It's a slight bit more work, but not really. But keep in mind that the Schwab and Vanguard funds are not equivalent.Aug 25, 2023 · Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products. In fact, you can open just about any type of ... SmartAsset Team. 2024年3月9日 · 6 分鐘文章. It’s no secret that Vanguard, Fidelity and Charles Schwab could be considered three of the most popular and well-known brokerage firms. Each offers a wide range of products and services, from banking and investment products to financial advisors and financial planning services.Vanguard uses tiered support to address issues, so if you have an account with less than $50,000, you may have a harder time getting help. Charles Schwab offers free and managed account services, but one thing is true: Schwab has excellent customer service and offers 24/7 support to all customers.Among traditional investment firms, nine companies scored especially well, including Edelman Financial, Baird, Fisher Investments, and Thrivent Financial. In the online category Vanguard, USAA and ...Aug 23, 2017 ... ... or help with things such as estate plans and insurance. Taking the lead in this category are Fidelity, Schwab and Vanguard. Fidelity and Schwab ...Vanguard is an investment company that offers a wide range of products and services to help you reach your financial goals. With their official website, you can stay up to date on ...Feature for feature, Fidelity and Schwab are very close: They both have superb support, excellent trading features, full range of investment products (mutual funds, bonds, loans, options, IRAs, roboadvisor, etc.), banking (ATM fee reimbursement, credit cards, etc.), and so on. Both companies require manually filling out PDF forms to do certain ...Passive Indexing Community for Long-Term Lazy Investors. Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify and let compounding grow wealth. Jack founded Vanguard and pioneered indexed mutual funds. His work has since inspired others to get the most out of their long-term …Fidelity’s fractional-share service makes it the top pick overall, and Vanguard’s IRA fees for business accounts make it the least attractive. Fidelity Go, the company’s robo service, requires $10 to get going. Long-Term Investors & Retirement Savers: A combination of investment accounts with a financial planner at Ameriprise, …Overview of Vanguard vs. Fidelity vs. Schwab Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products.Table of Contents. What Is a Hybrid Financial Advisor and Why Does Clark Like Them? Cost Comparison: Vanguard vs. Schwab vs. Fidelity. Style and Features Comparison: Vanguard vs. Schwab …Dec 20, 2023 · A self-directed Vanguard brokerage account has a $0 minimum requirement with a 0% fee. Vanguard Digital Advisor requires a $3,000 minimum and charges a 0.20% fee. For Vanguard Personal Advisor ... Fidelity also charges less in margin interest (13.325% for $10,000 and 11.825% for $100,000) than TD Ameritrade (14.50% for $10,000 and 12.75% for $100,000). It is also important to note again ...Are you having trouble signing into your Vanguard account? Don’t worry, you’re not alone. Many users experience issues when trying to access their accounts, but there are several c... Charles Schwab and Fidelity are the best ranking firms in customer service. All the companies in this review (except Vanguard and Edward Jones) created easy-to-use, powerful trading tools that will satisfy everyone but day-traders. But only Charles Schwab offers a professional trading platform (ThinkOrSwim) that is a must-have for very active ... Which is better Schwab or Fidelity? After testing 15 of the best online brokers over six months, Fidelity (95.57%) is better than Charles Schwab (89.63%). Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools, an easy-to-use mobile app, and comprehensive retirement services.Robinhood vs Vanguard is like the most extreme comparison of brokerages that there is. There are many other brokerages that offer usable mobile interfaces, and I'm not even sure Vanguard's is that bad but I don't hear good things about their user interface. Fidelity works well for me. 17. zonestarx.If one wants integrated cash management banking services (bill pay, atm, debit card) then Fidelity is the best choice (or Schwab), not Vanguard. Personally I like to keep a local bank and not use my broker as my bank. There are certain services only a local branch can provide, and not a Fidelity branch. 2. paverbrick.Only has trade fees and no yearly fees. Can invest in Schwab,Vanguard, and fidelity funds or literally anything, including OTC stocks. Has options and fixed income choices too. If it's the same underlying index and only a ~.02% fee difference, then they are equivalent. My company has our 401K through Fidelity. Also all three are FDIC insured so you won't lose money that way ($250k insured) but if you choose the wrong stocks/ETFs you definitely can. Remember a retirement fund is money you put and don't touch. You may change your stocks and etc but shouldn't take it out for 40+ years. Any of the 3 will be just fine. Schwab vs. Fidelity: Customer support Schwab and Fidelity are both leaders in customer service. You can get questions answered on the phone 24 hours a day, 7 days a week, which is becoming rare in ...Jan 31, 2024 · January 31, 2024. Is Charles Schwab better than Vanguard? After testing 18 of the best online brokers, our analysis finds that Charles Schwab (96.6%) is better than Vanguard (80.3%). With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking ... Vanguard is an investment company that offers a wide range of products and services to help you reach your financial goals. With their official website, you can stay up to date on ...Are you having trouble signing into your Vanguard account? Don’t worry, you’re not alone. Many users experience issues when trying to access their accounts, but there are several c...Jan 11, 2024 · Fidelity serves more than 43 million accounts, while Charles Schwab has more than 34 million accounts. Charles Schwab has $8.2 trillion in client assets, while Fidelity has $11.5 trillion in ... All of Voya's rivals in our survey also have mutual funds without loads and transaction fees. However, the fees for trading other funds vary widely. Charles Schwab charges $49.95 on the buy side, although there's no transaction fee on the sell side. Fidelity clients pay $49.99 on both sides. Vanguard's fee is $20, while Firstrade is at $0. Vanguard has the worst UI, schwab is the best for active traders, Fidelity has by far the best HSA of all places. I believe vanguard has the best 529 plan though. Vanguard has been rolling out a new UI recently. My account just got updated a couple weeks ago and it’s definitely not that bad anymore. TD Ameritrade has around 13,000 funds available and 4,200 are no-load and have no transactions fees. E*TRADE and Fidelity have 10,000 each available. E*TRADE has around 4,200 no-load and with no transaction fee, and Fidelity has 3,500 with no-load and no transaction fee. Fidelity has a lot of its … Overview of Vanguard vs. Fidelity vs. Schwab. Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products. If you’re a Vanguard investor, you know that managing your investments is easier than ever with their online platform. Logging into your Vanguard account is a simple process that c...Frank S: Fisher Investments has crazy high fees. Vanguard or Fidelity is likely way better options. Even a simple mutual fund or ETF would probably have way better returns after fees. Kenji S: Fisher is one of our external managers and personally met Ken Fisher. The portfolio he managed is one of our …Compare the strengths and weaknesses of three big names in the brokerage industry: Vanguard, Fidelity and Schwab. Learn about their fee structures, investment …Are you in need of new tires for your vehicle? Look no further than Les Schwab Tire Centers. Known for their high-quality products and exceptional customer service, Les Schwab is a...Charles Schwab and TradeStation charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Charles Schwab, costing $0.65 per contract versus $0.60 per contract at TradeStation. For futures, Charles Schwab charges $2.25 per contract and TradeStation charges $1.50 per contract. For a deeper dive, see our best …Feb 28, 2022 ... While Fidelity and Vanguard both have their own versions of a robo-advisor service, Schwab's stands out a bit above the rest. Schwab Intelligent ...Vanguard and Fidelity have a lot in common, but they also have some key differences. In general, Vanguard is focused on long-term, buy-and-hold investing. By …Dec 20, 2023 · A self-directed Vanguard brokerage account has a $0 minimum requirement with a 0% fee. Vanguard Digital Advisor requires a $3,000 minimum and charges a 0.20% fee. For Vanguard Personal Advisor ... But what if the person in question down the road opens additional accounts like a Simple IRA or a 401 (k), Vanguard charges between $25 and $20 for each Vanguard mutual fund in each account unless you have $50,000 minimum in assets. Schwab and Fidelity don't have those fees or minimums. orcycle. Posts: …Are you in need of new tires for your vehicle? Look no further than Les Schwab Tire Centers. Known for their high-quality products and exceptional customer service, Les Schwab is a...Feature for feature, Fidelity and Schwab are very close: They both have superb support, excellent trading features, full range of investment products (mutual funds, bonds, loans, options, IRAs, roboadvisor, etc.), banking (ATM fee reimbursement, credit cards, etc.), and so on. Both companies require manually filling out PDF forms to do certain ...The Six Pros of Working with Fidelity, Schwab, and Vanguard – for Ultra High Net Worth 1. Separate Service for High Net Worth Investors 2. High Quality People 3. Team Approach 4. Low Fees 5. Commitment to the Client 6. Robust Online Tools for Self-Managed Accounts 4 Shortcomings of Fidelity, Schwab, and Vanguard for Ultra High …Jun 8, 2021 ... Trying to figure out what Broker you should use can be difficult to decide, come take a look at these 4 brokerages so you can see the ...Feb 28, 2022 ... While Fidelity and Vanguard both have their own versions of a robo-advisor service, Schwab's stands out a bit above the rest. Schwab Intelligent ...January 31, 2024. Is Fidelity better than Interactive Brokers? After testing 18 of the best online brokers, our analysis finds that Fidelity (98.7%) is better than Interactive Brokers (93.5%). Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.Fidelity’s CMA is a quasi fintech, third party system; - Schwab still offers cashiers checks; - Schwab‘s debit card has zero transaction fees when out of the country. Fidelity is 1% on purchases; - When traveling overseas, if you lose your debit card Schwab will overnight you a new one anywhere in the world.... vs Traditional · Withdrawal Rules · Contribution ... Vanguard. No. Security Guarantee. Schwab. Yes. E*TRADE. Yes. Fidelity. Yes. Vanguard. Yes ... or sold, may be...Schwab vs fidelity. Debating between opening a Roth 401k between the two I’m 23 and opening for long term gain any recommendations will be a appreciated. Schwab is the industry leader in money received from payment for order flow. Fidelity does not receive payment for order flow. Fidelity is a much better choice for that … Conclusion. The Thrift Savings Plan offers a secure and easy method for federal employees to save for retirement. It presents a means for FERS employees to build a 401K retirement account with the advantage of employer contributions, while CSRS employees can develop a supplemental retirement account and defer taxable income until retirement. Feb 14, 2021 ... ... fidelity vs vanguard or schwab vs fidelity, fidelity can be considered as well. Charles Schwab merger with TD Ameritrade will be a great ...Some of TIAA’s mutual funds on the Schwab platform do have transaction fees. The same is true of trading Schwab mutual funds at TIAA. Schwab has similar mutual fund transaction fee of $49.95 ($74.95 on some funds), although it’s only applied on the buy side. TIAA’s $50 mutual fund transaction fee is applied to both sides.That's Vanguard, Fidelity, Schwab. No other retail brokerages in the USA. There's a good reason why r/personalfinance always recommend those 3 brokerages. At least for me, when it comes to making money, I don't care about 'social aspect', 'start up', 'modern', 'trendy', etc. Last thing I want is something like Robinhood effect to …Fidelity and Vanguard handle raw cash a bit better thanks to automation, but it isn't a big deal to me. Takes less than 5 minutes on payday to handle it myself. Also, being cash heavy isn't a good idea beyond emergency funds. I value customer service, easy to access index mutual funds, and low fees. Schwab and Fidelity …Vanguard – Well regarded for its low-cost index funds and ETFs. Caters to long-term, passive investors. Fidelity – Offers a robust platform with automated advising options. Great for casual investors or those with low account minimums. Charles Schwab – Provides a wide array of investment products and …Based in Pennsylvania, Vanguard is one of the largest investment companies in the world with more than 30 million investors in 170 countries. The first thing you need when setting ...Vanguard does not, and their settlement fund is at 4.30% versus Schwab at .45%. It's not difficult to use a purchased money fund at Schwab for that same 4.3%. It's a slight bit more work, but not really. But keep in mind that the Schwab and Vanguard funds are not equivalent.Aug 25, 2023 · Overview of Vanguard vs. Fidelity vs. Schwab Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products. Oct 12, 2023 · Traditionally, donor-advised fund providers make money by charging based on a percentage of assets on accounts, leading them to have an unfortunate conflict of interest. Every time you donate money to charity, they lose revenue. This also leads them to primarily focus on high, net-worth individuals. Daffy is committed to changing this. Oct 12, 2023 · Traditionally, donor-advised fund providers make money by charging based on a percentage of assets on accounts, leading them to have an unfortunate conflict of interest. Every time you donate money to charity, they lose revenue. This also leads them to primarily focus on high, net-worth individuals. Daffy is committed to changing this. Nov 30, 2022 ... Fidelity vs Vanguard vs Charles Schwab zero commission stock brokers compared. Which is the best broker? Which broker has the best features ...Vanguard, for example, offers all-in-one funds called Vanguard Target Retirement Funds and average 0.08% as an expense ratio (as of 7/1/2023). The industry average expense ratio for comparable target-date funds runs 0.60% per their research. Vanguard offers a number of target date index funds, but the ones of most interest to …If you are interested in Target Date Index Funds, Schwab's has an expense ratio of 0.08% while Vanguard's is double at 0.16% and Fidelity is 0.15%. Also, Schwab's and Vanguard's TDIFs are both cunningly designed to give lower tax drag if held in taxable accounts, and are the only TDIFs I would recommend for holding in …Jan 31, 2024 · January 31, 2024. Is Charles Schwab better than Vanguard? After testing 18 of the best online brokers, our analysis finds that Charles Schwab (96.6%) is better than Vanguard (80.3%). With the addition of TD Ameritrade's thinkorswim platforms and the enhancement of several features, Schwab is now a vigorous competitor with thought-provoking ... Ownership. Fidelity and Vanguard are both privately owned companies. Descendants of founder Edward Johnson own 49% of Fidelity, and Fidelity employees …Vanguard vs. Fidelity vs. Schwab: Services and Features. When it comes to investments and brokerage accounts, Vanguard, Fidelity and Schwab each offer a relatively similar suite of …Whereas Fidelity and Vanguard both offer a wide variety of taxable, IRA, trust and custodial accounts, Robinhood offers only taxable and IRA accounts. Options trading costs. Fidelity: No commissions, but $0.65/contractRobinhood: FreeVanguard: No commissions, but $1/contract. Mutual fund tradings.Fidelity and Vanguard handle raw cash a bit better thanks to automation, but it isn't a big deal to me. Takes less than 5 minutes on payday to handle it myself. Also, being cash heavy isn't a good idea beyond emergency funds. I value customer service, easy to access index mutual funds, and low fees. Schwab and Fidelity …Fidelity's hybrid management option, "Personalized Planning & Advice", is the closest to the Empower managed option in terms of access to personal service. As Fidelity has a $25,000 minimum and a flat fee of 0.5%, Empower comes out ahead in this category. They require no minimum and the highest fee charged is 0.45% of assets.Jun 28, 2023 · Like TD Ameritrade and Schwab, Fidelity has two levels of trading platforms. Its suite of investment apps rates among the easiest to use, while its Active Trader Pro trading platform has all of the charting options offered by TD Ameritrade and Schwab. (Vanguard only has web and mobile investment apps.) Conclusion. The Thrift Savings Plan offers a secure and easy method for federal employees to save for retirement. It presents a means for FERS employees to build a 401K retirement account with the advantage of employer contributions, while CSRS employees can develop a supplemental retirement account and defer taxable …Overview of Vanguard vs. Fidelity vs. Schwab. Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products. Schwab comes in around 5,800 funds; so it's a little smaller than Vanguard. But when it comes to no-load, no-transaction-fee products, it actually beats Vanguard at 3,400. Similar to Vanguard, it imposes a $49.95 short-term trade fee. Fidelity surpasses both its rivals here with a list of 10,800 funds. Fidelity has vanguard beat 50 times over. Schwab has a great mobile app. Their website is also good, but perhaps a little cluttered, due to the sheer number of different investments/options available. One advantage of Schwab is the ability to get a free $100 if you join using a referral.Apr 28, 2023 · As with their services and features, Vanguard’s site is a little more complex than Fidelity’s and will generally serve more sophisticated investors better, while new investors will generally prefer Fidelity’s web experience. Both have apps that are generally well regarded as companions to the platform’s full-service web experience. Punching Schwab's SCHB Total market ETF into my bloomberg terminal vs Vanguard's VTI shows near identical historical returns going back to 2009, so the performance variance is essentially null. The only remaining variable is minimums and costs, and we know in today's era Schwab and Fidelity are winning on cost.Re: Vanguard PAS vs. Schwab Intelligent Portfolio vs Fidelity Go Post by cyclemore » Thu Feb 01, 2024 12:56 am Cheyenne wrote: ↑ Wed Jan 31, 2024 8:46 pm We opened a Schwab brokerage account about 10 months ago and part of our holdings are in the Schwab Intelligent Portfolio with the Premium service. You will incur transaction costs for options trading, but the costs are generally quite low. Fidelity and Schwab charge $0.65 per options contract, while Vanguard charges $1. These are contract fees, not commissions. Some more specific transactions may incur additional fees. Charles Schwab and Interactive Brokers charge the same amount for regular stock trades, $0.00. Charles Schwab and Interactive Brokers both charge $0.65 per option contract. For futures, Charles Schwab charges $2.25 per contract and Interactive Brokers charges $0.85 per contract. For a deeper dive, see our …Sep 13, 2021 · The one place where you’ll incur consistent transaction costs is when it comes to options trading. However, transaction costs for options at each institution are comparably quite low. Both Fidelity and Schwab charge $0.65 per option, while Vanguard charges $1. Keep in mind that these are contract fees, not commissions. Vanguard vs. Fidelity vs. Schwab: Services and Features. When it comes to investments and brokerage accounts, Vanguard, Fidelity and Schwab each offer a relatively similar suite of …If you’re in the market for new tires, you’ve probably come across the name Les Schwab. Known for their high-quality products and exceptional customer service, Les Schwab is a popu...Passive Indexing Community for Long-Term Lazy Investors. Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify and let compounding grow wealth. Jack founded Vanguard and pioneered indexed mutual funds. His work has since inspired others to get the most out of their long-term …But $500 is a pretty big incentive to go to Schwab. Some people would rather have the simplicity of a one stop shop. But you've already opened the account so you might as well get the bonus too. If you ever want to transfer out, they might charge you a $50 fee or something. But Fidelity and Vanguard would reimburse you.
Jul 11, 2022 ... At Fidelity you'd buy Fidelity mutual funds, etc. If you strongly prefer mutual funds, you might risk holding cash for the duration of the .... Cutest femboys
Dec 20, 2022 · Both Fidelity and Vanguard offer two robo-advisory levels – an all digital and a hybrid model with financial advisors and digital investment management. Fidelity Go is fee-free and all digital up until your account reaches $25,000 AUM. Accounts worth more than $25,000 charge a 0.35% AUM fee and provide financial coaching to all investors. Fidelity has more IRA types than Merrill Edge. Plus, Merrill Edge has a $49.95 IRA closeout fee, which Fidelity doesn’t have. Fractional Shares: Only available at Fidelity (for stocks and exchange-traded funds). Initial Public Offerings: Once again, only available at Fidelity.Both Fidelity and Vanguard offer two robo-advisory levels – an all digital and a hybrid model with financial advisors and digital investment management. Fidelity Go is fee-free and all digital up until your account reaches $25,000 AUM. Accounts worth more than $25,000 charge a 0.35% AUM fee and provide financial coaching to all investors.Overview of Vanguard vs. Fidelity vs. Schwab Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products.People talking about which funds you want should dictate who you go with—which is so wrong. You can own funds with any of the three, Schwab funds using Vanguard, etc. The truth is Vanguard is the best when it comes to fees but it is also more complex to use. If you want a simple layout, choose Fidelity.Here is our full editorial list of the best IRAs. Charles Schwab IRA: Best overall IRAs. Fidelity IRA: Best IRAs for retirement saving. TD Ameritrade IRA: Best IRAs for mobile trading. Ellevest ...Aug 1, 2018 ... But BlackRock made the case that this latest move in the fee war may be more about Fidelity versus Vanguard and Schwab — less than 5 percent of ...Punching Schwab's SCHB Total market ETF into my bloomberg terminal vs Vanguard's VTI shows near identical historical returns going back to 2009, so the performance variance is essentially null. The only remaining variable is minimums and costs, and we know in today's era Schwab and Fidelity are winning on cost.Vanguard has the worst UI, schwab is the best for active traders, Fidelity has by far the best HSA of all places. I believe vanguard has the best 529 plan though. Vanguard has been rolling out a new UI recently. My account just got updated a couple weeks ago and it’s definitely not that bad anymore.Some of TIAA’s mutual funds on the Schwab platform do have transaction fees. The same is true of trading Schwab mutual funds at TIAA. Schwab has similar mutual fund transaction fee of $49.95 ($74.95 on some funds), although it’s only applied on the buy side. TIAA’s $50 mutual fund transaction fee is applied to both sides.Fidelity vs TD Ameritrade vs Charles Schwab vs Vanguard: Competitor Differences. Reviews. Last Updated: June 28, 2023. By Ed Weinberg. Reviewed by Lincoln Olson. Our editorial team …Feb 28, 2022 ... While Fidelity and Vanguard both have their own versions of a robo-advisor service, Schwab's stands out a bit above the rest. Schwab Intelligent ...Dec 7, 2023 · Overview of Vanguard vs. Fidelity vs. Schwab. Vanguard, Fidelity and Schwab are three of the biggest players in the brokerage space, offering a wide range of investment and banking products. It's more a matter of customer service, web site design, app, etc. In other words, you're not going to get any different "compound interest" choosing one or the other. This sub recommends Vanguard, Fidelity, or Schwab. Visit the three web sites, decide which one you like best, and go for it. TIAA CREF would not be among my …The Merrill Edge and E*Trade websites also have on-line chat. Merrill Edge has representatives who speak Chinese, while Charles Schwab has agents who speak Chinese and Spanish. E*Trade has 30 branch locations for clients who want in-person service. Charles Schwab has the most local offices: more than 450. Vanguard is the lone firm not …Jun 15, 2022 · However, transaction costs for options at each institution are comparably quite low. Both Fidelity and Schwab charge $0.65 per option, while Vanguard charges $1. Keep in mind that these are contract fees, not commissions. While some, more specific transactions may incur additional fees, the experience using each of these three institutions is ... Nov 6, 2023 ... Fidelity is better for people looking for low-cost mutual funds and direct crypto trading. Fidelity vs. Charles Schwab: The Biggest Differences. 529s are state-based plans. You can't just invest in a 529 at vanguard, you need to invest in a state's 529 plan. You can choose any state. I chose a fidelity 529 plan even though at the time, the Utah Vanguard 529 plan was considered the best. I was thinking my state (which has a history of doing stuff like this) .