Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Vanguard Bets on Robo-Only Adviser
Old 09-21-2019, 11:41 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,385
Vanguard Bets on Robo-Only Adviser

I guess that this was inevitable. Why pay 30bps when 15bps is cheaper?

Vanguard’s robo-advisory push would increase the competition with companies including Charles Schwab Corp. and Betterment LLC for the money and data of this younger demographic. The automatic service would target fees of 0.15%, or $15 for every $10,000 invested, a price that undercuts many rivals. The total cost is expected to be about $20 on every $10,000 for individual investors once investment fees on the Vanguard funds the service will use are factored in.
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-21-2019, 11:48 AM   #2
Thinks s/he gets paid by the post
Join Date: Jan 2018
Location: Elyria, OH
Posts: 1,925
Your link is behind a paywall and a formerly reliable bypass for WSJ no longer works.
gwraigty is offline   Reply With Quote
Old 09-21-2019, 03:12 PM   #3
Thinks s/he gets paid by the post
Join Date: Jan 2018
Location: Elyria, OH
Posts: 1,925
Here's a link that isn't behind a paywall:
gwraigty is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
How & What does your Fee-Only adviser charge? Bongleur FIRE and Money 2 05-18-2019 05:32 AM
Vanguard, Schwab, and the rise of the robo-adviser dixonge Stock Picking and Market Strategy 3 04-09-2016 07:30 AM
Making small bets against bubbles for big return FUEGO FIRE and Money 15 01-09-2010 08:05 AM
Citigroup Saw No Red Flags Even as It Made Bolder Bets chinaco FIRE and Money 14 11-24-2008 12:38 PM

» Quick Links

All times are GMT -6. The time now is 07:56 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.