Assets invested in Vanguard funds and Vanguard ETFs® Vanguard ETFs* Stocks and non-Vanguard ETFs
Less than $50,000
(Standard)** Free Online. First 25 trades: $7†; subsequent trades: $20
By phone. All trades: $25
$50,000–$500,000
(Voyager Services®) Free Online. All trades: $7
By phone. All trades: $25
$500,000–$1 million
(Voyager Select Services®) Free Online and by phone. All trades: $2
$1 million–$10 million
(Flagship Services®) Free Online and by phone. First 25 trades: Free†; subsequent trades: $2
10 million and above
(Flagship Select Services™) Free Online and by phone. First 500 trades: Free†; subsequent trades: $2
Earlier this year phone trades were $7 apiece for the bottom tiers. An increase to $25 might surprise folks who don't always do phone trades. After the fact, they might be very surprised to find that the cost of phone trades had been raised. Thanks for posting.
Am I reading this right that if you don't hold $50k in Vanguard products you will pay higher commissions? This is as opposed to just having $50k+ in assets invested in whatever else (non-Vanguard funds or ETFs, stocks, bonds, etc).
Tanelorn wrote:Am I reading this right that if you don't hold $50k in Vanguard products you will pay higher commissions? This is as opposed to just having $50k+ in assets invested in whatever else (non-Vanguard funds or ETFs, stocks, bonds, etc).
Correct.
The "minimum" amount for each category must be in VANGUARD products (mutual funds, etfs) in order to get that level of benefits.
Accounts from household members can be combined for this purpose.
RM
This signature is a placebo. You are in the control group.