No. of Recommendations: 3
I would definitely go through Vanguard, 1) because you can buy it without a fee, 2) Vanguard is very investor friendly 3) you can buy & sell their ETF's completely commission FREE 4) they have some of the lowest operating expenses in the industry (keep more of YOUR money working for YOU).

Most of their mutual funds have a corresponding ETF & are more tax advantaged in a taxable account in that they don't have yearly capital gains distributions and only incur cap gains when sold.

Vanguard: 877-662-7447.

Note if you are interested in ETF's & individual stocks you'll need a Vanguard Brokerage Account which has a direct line @ 800-992-8327. But I suspect either number will help you get set up with either/both accounts as you generally will have a "Sweep" account that is a linked money market fund to hold your cash until purchases or when selling.

See: http://www.investopedia.com/terms/s/sweepaccount.asp

They are very easy to deal with and incredibly helpful to new investors. Good Luck.

Disclosure: I have a Mutual fund account & a brokerage account @ Vanguard. I also have brokerage accounts @ Scottrade & Schwab (Schwab also used as my bank/bill paying, direct deposit of pension & SS. I keep Scottrade as I like having their Streaming Quotes Application for my portfolios.
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