Posts  / #POST-181606
REDDIT

Custodian account to personal account. Should I switch to vanguard or Schwab?

O
Mar 16, 2025 · 21:10

So I am 19 years old and I have roughly 12k in my Edward jones guided solutions account. I opened it around 2019 and my mom was the custodian for it, and there were no fees, but obviously that changes once i switch to a personal account, and if you know compare the fees, Edward jones service and platform fee is 1.4% annually, when vanguard is around .30%. Obviously switching seems like a no brainer, but my advisor has connection to my family, and I trust him. Would giving this up worth it? With such a small account I can’t really afford such a high fee eating my investments.