My husband and I currently a joint brokerage account, and each have a Roth IRA with Fidelity. I'm looking to overhaul our investment strategy, and have been reading a couple of books by William Bernstein and his recommendations to use primarily indexed funds. Since I'm looking to start over on my portfolio, I was also looking into if it was worth switching to Vanguard. Despite having had investments in one account or another for several years, I'm pretty new to actually figuring out how everything works.
Here's my question, when I look at the expense ratios on Fidelity funds and similar ones from Vanguard, they are the same for almost all of them. But I've heard from so many sources that Vanguard has lower fees. Is there something else I need to look at for the total fees? Or are the fees the close/the same for most funds between Vanguard and Fidelity? If the fees are similar, I have no desire to go through the hassle of starting new accounts, but if it will make a difference, I want to do it now while I'm really looking at what I want in my portfolio.
Any input from more experienced investors would be appreciated :-).