Vanguard vs Hargreaves Lansdown
Which provider is the best to invest with?
Vanguard and Hargreaves Lansdown (HL) are both enormous and well-respected brands. When you look into the details, however, they're chalk and cheese.
We’ll help you understand which option will be best for your investing needs. Which is the best Stocks & Shares ISA choice? Which is best for saving up to buy your first home, or saving for the kids? And who to turn to for a private pension to boost your income in retirement?
We’ve done the research and crunched the numbers to help you decide which is the right home for your money. Scroll down to learn more about Vanguard and Hargreaves Lansdown's costs, products and who we think is the better choice to help you achieve your financial goals.
Vanguard vs Hargreaves Lansdown: Boring Money's review
Hargreaves Lansdown is the biggest DIY investment platform in the UK and is a FTSE 100 giant. Solid, stable and reliable, they are known for good customer service and have an efficient website and app. They are typically seen to offer fantastic service at a cost – their administration fee is as high as they come for mainstream ISAs and pensions. They are the Waitrose of investing – pricey, but good quality and they offer lots of choice.
Vanguard is a huge global player with an almost cult-like following amongst some for their low-cost, no nonsense style which doesn’t believe that anyone can outsmart investment markets. They buy all the biggest players and offer investors simple ready-made packages of investments, which by definition will return the average of any market. There are no flashy fund managers trying to get an edge or charge you for this. This won’t suit those who like lots of choice and building their own portfolios. It will suit those who want a hassle-free low-cost life. Their app and site is not as rich or as full as Hargreaves Lansdown and their service is not as comprehensive. But you will pay a lot less over the years and this could make a material impact on how much you end up with.
Vanguard pros and cons
Check out the table below to get a summary of the pros and cons of investing with Vanguard. You can read our full review of Vanguard here.
Hargreaves Lansdown pros and cons
Check out the table below to get a summary of the pros and cons of investing with Hargreaves Lansdown. You can read our full review of Hargreaves Lansdown here.
Sign up for free to read more
Already have an account? Login
