Posts  / #POST-213081
REDDIT

Advantages of Fidelity vs Schwab vs Vanguard vs Merrill?

P
Nov 27, 2025 · 01:34

I'm torn between all of these.

I hear that only Fidelity has no closure fee on the IRA and I also like the idea of using a cash management account as a high yield checking account.

I like the credit card benefits on Merrill.

I hear good things about think or swim from Schwab, although I don't really day trade.

I don't hear much about Vanguard, just that it's outdated but they have the best robo advisors.

I don't know much about the others and what they offer.