<prompt> Human: Why do I often see people suggesting to open a Vanguard IRA instead of an IRA with, say Charles Schwab or another entity? Just curious why an IRA with Vanguard might be better.  <response>: Vanguard is investor owned. The company is owned by its funds, which in turn are owned by their shareholders. Vanguard Is know to have some of the lowest cost funds. I am very satisfied with them. 