<prompt> Human: I am looking into opening a Roth IRA. The two places Ive been looking into are Vanguard and Edward Jones. Is one better than the other? What are the pros and cons to each?  <response>: Vanguard hands down. Lower fees and better funds. Vanguard is a discount brokerage owned by their funds therefore you. They are the industries low cost leader and virtually created index fund investing passive mangement follows the market. Lowest cost funds in the industry.Edward Jones usually operates out of retail offices with advisors. The issue is these people are high fee and really are just salespeople. They are generally not fiduciaries have to act in your best interest. Fees are what matter when it comes to investments. All this overhead is passed on to you. No known plus, other than seeing a person. Vanguard would be telephone based.Fund Options Vanguard: 