- ability to hold assets in cash
- Low fees
- Freedom to purchase whatever I want
- No account minimum "since I'll be b buying a house soon"
- No drips, no rebalancing
I called vanguard and they sent a new account form And an asset transfer form. I completed these and attached EJ statement and mailed all 3 documents back to vg. Transferred a partial balance, leaving 200 in the account as to not trigger a $95 fee. All assets are directed to VIGAX for a single $25 annual fee, plus expense ratio. (A single trade at ej is $54)
vanguard says 12 days to complete the transfer in one email and 4-6 weeks in another. Well see how quickly it happens
Next on my list is to change my direct deposit and withholding forms to max out the 12,500 pretax since I no longer have to worry about funding ej's sslesforce.
If I did this correctly I should pay $0 to Edward Jones.