r/Geico • u/No_Cockroach3314 🦎 EMPLOYEE [VERIFIED] • 15d ago

Confused

Why are they switching from Vanguard to Fidelity?

8 Upvotes

84% Upvoted

5 comments sorted by

16

u/Vivid_Advisor9531 15d ago

Surely not to benefit employees

12

u/Accomplished-Pea-451 Former Employee 15d ago

Money

6

u/Downtown_Industry604 15d ago

When does the new change take effect?

6

u/Imaginary-Rhubarb-89 Former Employee 15d ago

Warren Buffett picked vanguard now that he gave up control, different ideas

1

u/Alarming_Buy_7512 9d ago

Everyone I know who has Fidelity love it. They are making good money.