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Vanguard is an investment company headquartered in Malvern, Pennsylvania. It was founded in 1975. Perhaps best known for its exchange-traded funds, Vanguard also offers retirement accounts, brokerage accounts, and financial advisory services, including a hybrid robo-advisor service.
 
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How Do We Rate Vanguard?

Breakdown

Our Overall Rating: 0 / 5 (N/A)

Vanguard is a solid option for those who are interested in investing their money and like the affordability of robo-advisors but still want the assistance of a live person to get them started. The initial meeting with one of Vanguard's advisors helps you develop a custom portfolio that's tailored to your goals and the automated portfolio management helps keep costs down. Its biggest drawback is the fact that you need at least $50,000 to take advantage of this service, which might put it out of reach for some would-be clients.

Vanguard Account Features

Features - 0 / 5

Vanguard's hybrid financial advisory services start you off with a meeting with one of Vanguard's advisors, who discuss your current financial situation and your goals. The advisor works with you to come up with a custom investment portfolio that meets your goals and then Vanguard's automated software does most of the work as far as keeping your portfolio balanced. You'll have periodic check-ins with your advisor where you can make adjustments as necessary, but the automated portfolio management that happens in between these meetings helps keep the work minimal for advisors and that means lower costs for you.
Robo-advisor Type
Human Assisted
Account Minimum
50000
Goals
Save Set Amount
Save for a Major Purchase
Save for Retirement
Save Set AmountSave for a Major Purchase
Education Expenses
General Investing
Safety Net
Integration with Other Accounts
IRA
401(k)
Other Brokerage Accounts
Types of Assets
ETF Portfolios
Mutual Funds
Access to Financial Advisors
Yes
Automatic Portfolio Rebalancing
Yes
Tax Loss Harvesting
Yes
Direct Indexing
No

Vanguard Fees & Commission

Pricing and fees - 0 / 5

The typical Vanguard annual fee is 0.30% of your assets, paid quarterly. But as the value of your assets rise, the annual fee decreases. You'll only pay 0.20% if you have more than $5 million invested with Vanguard and 0.10% if you have more than $10 million. Those with more than $25 million get the lowest rate at 0.05%. There aren't any commission fees like you find with some financial advisory services. Vanguard's fees are higher than some more traditional robo-advisors, but they're still pretty affordable, especially considering they include assistance from actual financial advisors.
Billing Frequency
Quarterly
Commission
Vanguard advisors don't earn commissions.
Discounts
The larger your portfolio balance, the lower your annual fee.
Fees
Annual

Vanguard Reputation & Customer Service

Reputation - 0 / 5

Vanguard is one of the best-known investment firms in the country and has been around for over 40 years. It maintains a high rating with the Better Business Bureau and has surprisingly few complaints against it with the Consumer Financial Protection Bureau, considering its large customer base.
Year Founded
1975
Consumer Financial Protection Board (CFPB) Complaints
7
SIPC Membership
Yes
BBB Rating
A
Contact Methods
Phone
Email
Mobile App
Yes
Date Collected
2020-07-17

Company Profile

Full Name
Vanguard Robo Advisors
Company Website
https://investor.vanguard.com/home
Headquarters
100 Vanguard Blvd., Malvern, PA, 19355
Our Partner
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Invest your way with a Vanguard brokerage account

  • Choose from a wide range of options like stocks, ETFs, mutual funds, and bonds to help grow your savings.
  • Options to meet your strategy with access to thousands of non‑Vanguard mutual funds and ETFs.
  • Withdraw your money anytime with no penalties.
  • No account minimums and $0 commissions on most online trades.
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