Quote:
Originally Posted by spinner1001
Vanguard and Fidelity are much bigger organizations than T Rowe Price in terms of assets managed. That is the main reason the public hears less about TRP, not because there is anything wrong.
|
I agree that is a reason. In addition, it could be that Fidelity is used by a lot of employers for their 401(k) accounts, so when a retiree rolls a 401 into a self-directed IRA, it might seem easier to just stick with Fidelity. Also -- some people prefer to have a bricks-and-mortar office available like Fidelity and Schwab have in some places. Sometimes it is just a matter of a preference for the way the website works. We are all creatures of habit.
None of these things means that one is better than the other.
Boomer