<prompt> Human: My financial adviser from my credit union wants me to start my Roth IRA with this fund: What are the reasons why I should use Vanguard or Fidelity, etc instead of going through my credit union? Is there anything wrong with this particular fund? I am 25 and plan to make my first contribution 5,500 for 2014 asap.  <response>: Those are some terrible expense ratios and fees. Fire that financial adviser and move to Vanguard immediately. 