09-15-2015, 12:10 PM
Recycles dryer sheets
Join Date: Mar 2007
Vanguard message re: holding mutual funds in brokerage account
I just barely received this message from Vanguard. Can you think of any reason NOT to do this?
To make investing easier for you, we're simplifying our account structure and we need your help.
What you can expect
Currently, we offer separate account types—one for Vanguard mutual funds and a brokerage account for Vanguard exchange-traded funds (ETFs), as well as stocks, bonds, certificates of deposit (CDs), and funds and ETFs from other companies. Our new structure lets you hold Vanguard mutual funds in brokerage accounts, so you no longer need separate accounts.
As always, there are no commissions to buy or sell Vanguard mutual funds and ETFs.*
How to get started
This change won't cost you a thing, and it will help us serve you more efficiently. While we would like to make the switch for you, we need your permission to move your Vanguard mutual funds into brokerage accounts.
Simply visit our information hub and click Start, or log on to your Vanguard accounts. And if you don't have a brokerage account, our online process will guide you through opening one and requesting a transfer of your Vanguard mutual funds into it.
For all the details, review these documents:
• Your Vanguard Brokerage Account
• Vanguard Brokerage Account Agreement and Amendment
Call Flagship Services at 800-345-1344 [COLOR=#333333!important] Monday through Friday from 8 a.m. to 10 p.m., Eastern time.
Thank you for investing with Vanguard.[/COLOR]
Retired 12/16/2015 at 60.