Which is better: Fidelity, Vanguard, or TD Ameritrade?

I'm twenty-two and want to start a portifolio. I would like to start with mutual funds and wanted to know which company is best for me? And why?

For research and interest on cash balances I like Fidelity. For low fees and simplicity I like TD Ameritrade. I do not have any experience with Vanguard.

If you are going to invest in mutual funds, you do not really need a brokerage account unless you are planning to buy ETF funds. For those you will. All others you can purchase directly from the mutual fund companies. Personally, I do like closed end funds.

Here is a great site to research ETFs.

http://www.etfconnect.com/

I've had experiance with all 3.

It depends on what your goals and situation is.

But for what you've described; "want to start a portifolio. I would like to start with mutual funds" I would suggest Vanguard. They offer the lowest cost to manage most of their Mutual Funds. If you'd like it simple; open a total stock market fund Their symbol is VTSMX.

You'll track the overall market. It won't jump around like a sector fund.

And listen to Bob Brinker in the Radio on weekends. He's uncanny when it comes to predictiting when the market is about to change it's long term trend.

I heard Vanguard is good.

I trade stocks and ETFs with Scottrade and I have mutual funds with T. Rowe Price.

I have had a great experience with both so far.

fidelity and vanguard are both great for mutual funds, pretty cheap no load funds

i have used fidelity, no problems, i have troweprice right now, great company, my wife has vanguard and that is fine as well

if you want index funds you should go with vanguard, very cheap

If you're going to buy mutual funds then eliminate TD Ameritrade. No sense in paying transaction fees or trade fees for purchasing something that you could buy directly.

As for Fidelity and Vanguard. Both are good companies. Both have excellent educational materials available to you. But, if you're just starting out? I'd go with Vanguard simply because you'd be best suited for market index funds. Vanguard and American Funds offer some of the lowest expense ratios for their market index funds. As with the TD Ameritrade answer...why pay extra fees for the same product. An Index 500 fund at Vanguard will have mirror the performance of an Index 500 fund at Fidelity and if you can get it at 1/4% cheaper by going with Vanguard then you do it.

TD... more goal oriented for what you are more than likely looking for. Slightly more aggressive since you are young, I'm 21 and used to work for them, wouldn't do business with anyone else