Many of the Admiral Shares have ETF equivalents. I got frustrated with Vanguard's back room antics one last time and moved all my V positions. Had to convert my Admirals first to the ETF and then had them transferred to Fido.
For another example of V's backroom "excellence", consider my recent experience from two weeks ago. I just received noticed from Vanguard that my DM's account number on her Money market fund was being changed. I had POA and administered her estate when she died
seven years ago!
So started to wonder if someone had hijacked her account for who knows what purposes. Called a rep and described the problem. After two dropped calls, finally got connected to their "Transition Team" who is apparently responsible for all estate transfers. After many holds and apparently conferences between who know who at Vanguard, rep came back and admitted account had not been fully closed but would be now.
I asked for a letter from them confirming the closure but have yet to receive as of two weeks.
Vanguard's "low cost provider' motto obviously extends to their back room. With Fido and others competitive on ETF's, really see so few reasons to hang there anymore. And Fido's 7.95 brokerage fee and execution far exceeds anything Vanguard can offer.
Even Fido's balance fund FBALX beats Wellington!
Vanguard pretty much screwed up almost every step of DM's estate--from unilateral changing beneficiares (got it fixed before she passed) to making the POA distributions per instructions, not to mention the snarky behavior from the rep in the department handling the POA distribution. We were even Flagship at the time and still had to deal with gross mediocrity in their Transition Dept.
Glad to be Gone Gone.
Nwsteve