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Old 08-04-2023, 06:50 AM
spinner1001 spinner1001 is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
yes, I hate vanguard for all their paperwork issues, because they don't have offices.. .
Its their lost cost advantage. .. I did a fidelity over the internet, approved the next day and the money went in soon after that. .

And if you have a Vanguard paperwork issue, like i did once, you have to fill in the paper work all over again, then wait to see if the paperwork went through correctly.

good luck
It has been well known that Vanguard’s computer system is old, prone to errors and delays. It’s been that way for multiple years. Fidelity’s computer system is relatively much better. OP could even go to Fidelity’s office at LSL. If you don’t have a strong preference toward either Vanguard or Fidelity, you might consider Fidelity’s local convenience factor.

This is an example of Vanguard’s computer system problems from a forum of Vanguard investors:

Are Vanguard’s IT Systems At The Breaking Point? - Bogleheads.org