|
Vanguard Consolidated View
04-09-2008, 09:00 AM
|
#1
|
Recycles dryer sheets
Join Date: Mar 2008
Location: Washington, DC
Posts: 75
|
Vanguard Consolidated View
Does anyone use Vanguard's Consolidated View program to view all of their accounts (including outside investments) on Vanguard's page?
I was interested in it, but when I read the privacy policy it has all this legalese and mentions giving access to CashEdge, which is a company I'm not familiar with.
Anyone know anything about it? Do you like the program?
|
|
|
|
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 Early-Retirement.org 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!
|
04-09-2008, 09:18 AM
|
#2
|
Recycles dryer sheets
Join Date: Apr 2007
Posts: 491
|
I use it to link all my outside accounts (Fidelity, Mutual of America (ugg) and Iowa 529). However, like you, I am slightly uneasy with the setup (they have all my passwords and user names) . However, I have elected to trust Vanguard that it is being done correctly.
Maybe I an naive?
|
|
|
04-09-2008, 09:30 AM
|
#3
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
|
Solution: have all your accounts with Vanguard.
__________________
Al
|
|
|
04-09-2008, 09:30 AM
|
#4
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,022
|
A quick Google search for Cash Edge turned up this:
"CashEdge® provides innovative, online financial applications for banks, credit unions and wealth management firms. CashEdge solutions include end-to-end online account opening and funding, funds transfer, and data consolidation."
Looks like Vanguard uses Cash Edge to link the data from other accounts when you use their Consolidated View program.
I do use Vanguard's Consolidated View program but I am not comfortable giving out my account numbers and passwords. I chose to manually input my non-Vanguard managed assets and update the information quarterly. It works for me.
__________________
Numbers is hard
|
|
|
04-09-2008, 09:31 AM
|
#5
|
Recycles dryer sheets
Join Date: Mar 2008
Location: Washington, DC
Posts: 75
|
Quote:
Originally Posted by TromboneAl
Solution: have all your accounts with Vanguard.
|
Haha. Yes, but unfortunately my 401k is with Fidelity.
|
|
|
04-09-2008, 11:39 AM
|
#6
|
Thinks s/he gets paid by the post
Join Date: Aug 2007
Posts: 1,224
|
Quote:
Originally Posted by sarahsays
Haha. Yes, but unfortunately my 401k is with Fidelity.
|
As is my 401a - fortunately with a few Spartan funds to choose from .
I too manually enter my data and use the consolidated view
DD
|
|
|
04-09-2008, 12:45 PM
|
#7
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 2,526
|
Like REWahoo, I like and use the consolidated view but I input all outside accounts manually. I found this to be a minor issue if you have a reosanable number of outside accounts.
|
|
|
04-09-2008, 12:54 PM
|
#8
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
|
CashEdge isn't some fly by night operation. They are one of the two largest providers of "screen scraping" technology used in financial reporting.
|
|
|
04-09-2008, 01:05 PM
|
#9
|
Recycles dryer sheets
Join Date: Mar 2008
Location: Washington, DC
Posts: 75
|
Quote:
Originally Posted by saluki9
CashEdge isn't some fly by night operation. They are one of the two largest providers of "screen scraping" technology used in financial reporting.
|
That may be true, but I'm not sure I'm comfortable with any company having access to all of my logins and passwords for all of my financial accounts.
|
|
|
04-09-2008, 01:44 PM
|
#10
|
Thinks s/he gets paid by the post
Join Date: Feb 2005
Posts: 2,032
|
Quote:
Originally Posted by sarahsays
That may be true, but I'm not sure I'm comfortable with any company having access to all of my logins and passwords for all of my financial accounts.
|
Well, that's up to you. You did say that you had never heard of them and I simply wanted you to know that just about every aggregation service uses them.
That's it.
|
|
|
04-09-2008, 01:47 PM
|
#11
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
|
I was a bit hestitant to include passwords but I find the Vanguard consolidated view to be better than the Schwab or Fidelity version. So I use it, and just hope it doesn't get hacked.
|
|
|
04-09-2008, 01:51 PM
|
#12
|
Recycles dryer sheets
Join Date: Feb 2008
Posts: 147
|
Any company, no matter how good, can have its security compromised by a disgruntled or incompetent employee, a software bug, or a skilled hacker. Maybe it will never be a problem for you, but I'm a software engineer and would never put all my key accounts and passwords in one place. My consolidated view is at home, in my own spreadsheet. :-)
|
|
|
04-09-2008, 03:56 PM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,558
|
headingout - luddites unite! I'm with you. I know enough about technology to know the weak link is the human one. All about risk management.....
__________________
Deserat aka Bridget
“We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm.”
|
|
|
04-09-2008, 05:31 PM
|
#14
|
Recycles dryer sheets
Join Date: Dec 2006
Posts: 94
|
We have been using the consloidated view for 2 years. Most of our accounts are with Vanguard except for 401k's and two small annuity type accounts. It has gotten better over the 2 years with added features showing pecentage of holdings, hypotheticals and more. It now does a better job with outside accounts. It has been a tremendous tool for us, particularly during this downturn, allowing us to keep a steady eye our investments. We have had no problems with security.
|
|
|
04-09-2008, 08:14 PM
|
#15
|
Recycles dryer sheets
Join Date: Aug 2007
Location: Mt. Pleasant
Posts: 141
|
I too like the VG consolidated view but choose to enter my outside accounts manually. Since I only have one it's not a big deal. However, since your not entering transactions but just the number of shares, it's not that terrible a process.
Good luck.
Larry
__________________
Retired early and loving it.
|
|
|
04-10-2008, 11:16 AM
|
#16
|
gone traveling
Join Date: Feb 2008
Posts: 510
|
Quote:
Originally Posted by bigla
I too like the VG consolidated view but choose to enter my outside accounts manually. Since I only have one it's not a big deal. However, since your not entering transactions but just the number of shares, it's not that terrible a process.
|
Could any of you please shed some light for me about the VG consolidated view and what kind of benefits you get from it? Is this anything similar to M* X-Ray feature?
Also, if you don't enter each transaction, only the number of shares, how accurate the whole thing is?
I'm also pro-manual person vs. giving my passwords, but I wonder whether it's worth the hassle in the first place. We've got RothIRA accounts and one taxable fund with VG, but never paid attention to the Consolidated View. Is this option offered somewhere on our account page after I log in?
Thanks so much.
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|