A few years ago I invested with JP Morgan Chase mutual funds conservatively. Lately I was thinking about opening a more aggressive portfolio for the long term (10-15 years) and put in some money to build wealth and save for a rainy day.
A friend of mine recommended Charles Schwab intelligent portfolio. Indeed they are highly recommended by investors worldwide. Then I found out that Chase has similar app called You Invest where they monitor and rebalance your stocks at a very low fee (possibly cheaper than Schwab).
Since I am not looking to manage my investments on my own and I would need a financial advisor to do that for me, does it really make a difference who is managing my stocks? I mean they both are highly reliable firms and both are trustworthy. Schwab is probably more famous and more recommended by investors than the former, but since I am not managing them myself does it really make a difference who is managing my account?
I know very little about stocks or investing. What criteria should I use in cases like this to evaluate two or more fund managers when deciding where to place my investments?