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VFSVX to Admiral... must I switch to new platform?

Posted: Sat Feb 09, 2019 2:07 am
by gmtret
I noticed today that VFSVX was available for admiral shares. In checking this out I noticed that the fnd now owned has the old number by acct designation, while the new admiral shares had a different designation. Does anyone know whether I must switch to the brokerage platform if I want the admiral shares?

Re: VFSVX to Admiral... must I switch to nerw platform?

Posted: Sat Feb 09, 2019 4:36 am
by SpringMan
You should be able to promote the shares yourself on their website or wait and Vanguard will do it for you. I think Vanguard is pushing everyone to move to their brokerage accounts. I can't answer your question but would pose it to Vanguard. I moved to VBS some time back and I use the ETF share class VSS.

Re: VFSVX to Admiral... must I switch to nerw platform?

Posted: Sat Feb 09, 2019 7:00 am
by Nahtanoj
I converted from the Investor share class to the Admiral share class, and I was not required to convert to a brokerage account. I am now holding the Admiral shares in the mutual fund platform.

Re: VFSVX to Admiral... must I switch to nerw platform?

Posted: Sat Feb 09, 2019 4:34 pm
by jeffyscott
Nahtanoj wrote:
Sat Feb 09, 2019 7:00 am
I converted from the Investor share class to the Admiral share class, and I was not required to convert to a brokerage account. I am now holding the Admiral shares in the mutual fund platform.
Same here, did the conversion while continuing to refuse to convert to brokerage account.

Re: VFSVX to Admiral... must I switch to new platform?

Posted: Sun Feb 10, 2019 7:22 pm
by gmtret
Thanks to all for the replies as I'll pass on the brokerage acct for a variety of reasons...

Good luck,
Chris