*Actual costs vary. Digital Advisor will reduce your gross advisory fee by the amount of revenue (such as expense ratio rebates) that Vanguard (or a Vanguard affiliate) collects on your portfolio in order to calculate the net advisory fee. Digital Advisor’s annual net advisory fee is approximately 0.15% across your enrolled accounts for a typical investment portfolio, although your actual net fee will vary depending on the specific holdings in each enrolled account. Your net advisory fee can also vary by enrolled account type. Plan participants’ actual advisory fees will vary depending on your plan’s lineup and the revenue that Vanguard receives from those investments. Please see your plan fee disclosure notices for the applicable annual gross advisory fees that apply to your plan assets.
†Pricing is for Vanguard Personal Advisor Services (PAS) discretionary accounts only. For nondiscretionary accounts, PAS charges fees based on a tiered fee schedule calculated as an average net advisory fee on all assets managed by Vanguard Advisers, Inc., or by Vanguard National Trust Company. For portfolios with less than $5 million in assets, the fee is 0.30%; for portfolios with $5 million to less than $10 million in assets, the fee is 0.20%; for portfolios with $10 million to less than $25 million in assets, the fee is 0.10%; and for portfolios with more than $25 million in assets, the fee is 0.05%. Retail asset and institutional asset fees will be assessed separately.
‡Plans may pay for part or all of the fee for their plan. If the plan does not pay the fee, a minimum balance of $500 is required.
1Vanguard is investor owned. This means investors own the funds that own Vanguard.
Vanguard Digital Advisor’s services are provided by Vanguard Advisers, Inc. (VAI), a registered investment advisor. Please review the Vanguard Digital Advisor brochure for important details about this service. Vanguard Digital Advisor’s financial planning tools provide projections and goal achievement forecasts that are hypothetical in nature. They are provided for educational purposes only and are not guarantees of future results.
Vanguard Personal Advisor Services are provided by Vanguard Advisers, Inc. (VAI), a registered investment advisor, or by Vanguard National Trust Company (VNTC), a federally chartered, limited-purpose trust company. The services provided to clients who elect to receive ongoing advice will vary based upon the amount of assets in a portfolio. Please review the Vanguard Personal Advisor Services brochure for an overview of the service.
Vanguard Situational Advisor is provided by Vanguard Advisers, Inc. (VAI), a registered investment advisor. Eligibility restrictions may apply.
Neither VAI, VNTC, Vanguard Personal Advisor Services, Vanguard Digital Advisor, nor Vanguard Situational Advisor can guarantee a profit or prevent a loss.
All investing is subject to risk, including the possible loss of the money you invest.