Best place to open Roth IRA

[skives]

Where do you guys have your Roth IRAs?

[disneysteve]

Ours are with Vanguard.

[rennigade]

Vanguard. Very user friendly and low costs.

[Goldy]

Third for Vanguard

[GREENBACK]

Vanguard again

[scfr]

I agree with all the recommendations for Vanguard. I have Roths in 2 places, including Vanguard.

[feh]

Fidelity.

Why are you asking? Any brokerage can provide this service.

[JudyDunlow]

Mine are at American Funds. I love their mutual funds - stable, predictable, but with a loooooong track record of success.

[btjones]

There are plenty of options, If you want to be able to manage the ratio on a daily basis but not have too much control and watch it grow, betterment is a good, newer online solution that seems to be doing well.

If you want to have full control and invest in what you want with it, then I think TD is good or Scottrade as a lower cost alternative to TD, but I really like the tools that TD has available to account holders and I think its worth the extra few dollars per trade, especially since you shouldn't be trading too much with it.

[bennkar]

If you want to have full control and invest in what you want with it, then I think TD is good or Scottrade as a lower cost alternative to TD, but I really like the tools that TD has available to account holders and I think its worth the extra few dollars per trade, especially since you shouldn't be trading too much with it.

I use Scottrade and have been very happy with them, though I only went there because there is a physical office nearby and I wasn't looking for access to any special funds. If you are a heavy trader or want access to specific funds, some other company may be a better choice.

[disneysteve]

Mine are at American Funds. I love their mutual funds - stable, predictable, but with a loooooong track record of success.

Aren't these load funds? If so, I'd avoid them at all costs.

[jIM_Ohio]

Mine are at etrade.
I have access to NTF (no transaction fee) index funds from many companies, including Vanguard, and I have other options as problems/opportunities come up with a consolidated statement.

[JulieAlbright]

We have one at Fidelity and one at Schwab.


My recommendation would be first to determine what type of investments you wish to buy, and then determine what brokerage can get you those investments at the lowest commission and fees possible. Nearly all of the major Financial Firms (Vanguard, Fidelity, Schwab, ETrade Etc) have a good offering of no commission ETF and Mutual funds now and you can often get some sort of sign-up or new account bonus so that might also be a consideration.

[452]

Vanguard, they have the best index funds on the market, with low cost, and if you meet Admiral status you can get the index in Mutual Fund version instead of ETFs at the same expense ratios.

I hold a couple of specialized Mutual Funds in Fidelity. They have a lot of industry specific mutual funds (with an actual person looking over the fund instead of a computer) that Vanguard doesn't offer.