Top 5 investment firms to consider
Investment firms help people grow their money and manage their finances. However, there are many such firms in the country, and choosing the right one can be overwhelming, especially for new investors. To simplify the process, here is a list of the five best firms offering various investment products. These companies provide significant transparency and have an excellent track record. This list will help anyone wanting to invest money wisely and efficiently.
Fidelity Investments
Established in 1946, Fidelity investments features among the top five investment firms on the lists of many financial experts. The firm currently manages around $4.23 trillion in assets, with over 40 million customers.
Charles Schwab
Charles Schwab is one of those investment firms that offer the best research and investment tools. They also have various investment products to meet the diverse needs of customers, such as stocks, bonds, ETFs, futures, and more. An investor-friendly firm, Charles Schwab offers trading platforms for both new and advanced investors and the option to invest in thousands of mutual funds.
BlackRock
BlackRock is one of the top investment firms in the country and the world’s largest asset manager, with $7.43 trillion in assets under management. Founded in 1988, they offer access to mutual funds, money market instruments, and investments related to retirement income, savings, and ETFs. Over the years, BlackRock has made a lot of acquisitions. The notable ones include iShares, eFront, Aperio, Cofense, and FutureAdvisor. The investment firm has clients in more than 100 countries.
State Street Global Advisors
State Street Global Advisors is a subsidiary of State Street Corporation. With $4.14 trillion in assets under management, they are the world’s fourth-largest asset manager. The firm provides investment options for various institutional clients, including retail investors. State Street Global Advisors was founded in 1978 and was a pioneer in index, ETF, and ESG investing. Interestingly, they were among the first companies to launch ETFs, making them an experienced option in the industry.
Vanguard
With over 30 million investors, Vanguard is one of the country’s best investment firms to consider. It was founded in 1975 and manages close to $7 trillion in assets. Vanguard is known for its passive investing and low expense ratios on funds. The firm’s investment avenues include hundreds of mutual funds, a variety of low-cost index funds, and ETFs. It also offers brokerage services, variable and fixed annuities, financial planning, and more. The company has an excellent tool called Vanguard Portfolio Watch that scrutinizes your portfolio and provides recommendations.
Investing in these five best investment firms gives you access to experienced professionals and intensive research resources. Consult the financial advisors of these firms, compare their services, and select the one that helps you build a custom portfolio of investments designed specifically for your future goals. But do not forget to inquire about any terms and conditions and read the fine print carefully before investing.