For those with less than $500,000 in investments, Vanguard is asking us if we want to move to their new platform to avoid a $75/quarterly fee on their current platform. The new platform has a more incremental glide path and rebalances daily.
For clients with more than $500,000 in investments, they can stay on the current platform with single point of contact.
I expect to be at the $500,000 threshold in a year or so.
Is the new platform actually better? If so, then why would they keep their higher investment clients on the current platform?
Thank you.
For clients with more than $500,000 in investments, they can stay on the current platform with single point of contact.
I expect to be at the $500,000 threshold in a year or so.
Is the new platform actually better? If so, then why would they keep their higher investment clients on the current platform?
Thank you.
Statistics: Posted by Garmin — Fri Dec 15, 2023 8:56 am — Replies 5 — Views 116