Quote:
Originally Posted by spinner1001
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:
|
yeah, lots of old people, like jack, don't like paying so much for technology, as they are cheap, but there is a lot that modern technology can do which old peeps don't see the need for, because they haven't needed it. .
I have worked for both new and old technology companies, and to use technology at the optimum requires a really good CIO/CTO/COO combination
thanks for the link, validating your assertions. .