![]() ![]() Upon paying those fees, the rest of the money your account earns is yours. The financial firm derives this figure from two associated costs: a net advisory fee of 0.15% and investment expense ratios of 0.05%. Vanguard Digital Advisor charges a management fee of 0.20% of the total assets managed. However, its two advisor services have varying fees and requirements. Vanguard appeals to customers through minimal fees. Then, your advisor will oversee your account and use his or her expertise and Vanguard’s digital tools to drive your investments forward. With this service, you’ll meet with a human advisor and form an investment strategy tailored to your needs. Vanguard Personal Advisor Services blends human financial advisors with digital advisors. However, brokerage accounts and IRAs are available with this service. Typically, Vanguard Digital Advisor clients set up retirement funds under this service. This style reduces costs but limits flexibility. Vanguard Digital Advisor uses a range of its renowned exchange-traded funds (ETFs) to accomplish customers’ investing goals.Īs a robo-advisor, Vanguard Digital Advisor is an example of putting your investments under passive management. Unlike traditional financial advising services, a robo-advisor receives your financial information and uses an algorithm to invest your money. Vanguard Digital Advisor is the company’s robo-advisor. ![]()
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