Author Topic: How is Vanguard calculating the investor class?  (Read 2576 times)

marouxlas

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How is Vanguard calculating the investor class?
« on: September 17, 2014, 10:46:55 AM »
I am interested in opening an account with Vanguard. Does anyone know if I can combine assets with my wife to get to a better investor class (e.g. voyager, flagship)? Could the management of the two accounts also be combined?
Thanks in advance.

GGNoob

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Re: How is Vanguard calculating the investor class?
« Reply #1 on: September 17, 2014, 11:06:04 AM »
I don't know about the Voyager/Flagship part, but I manage both of our accounts under just one login. In order to have access to my wife's Roth IRA, I gave myself access under her account. So now I log in with my account and can see my Roth IRA, my wife's Roth IRA, and our joint taxable account.

epipenguin

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Re: How is Vanguard calculating the investor class?
« Reply #2 on: September 17, 2014, 11:30:47 AM »
Household assets do combine for Voyager and Flagship status.

Beric01

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Re: How is Vanguard calculating the investor class?
« Reply #3 on: September 17, 2014, 04:45:14 PM »
What about my 401(k)?

Unfortunately while I have over 50K in Vanguard funds including my T. Rowe Price 401(k), it's not all at Vanguard directly.

Guessing I'll have to wait...

Siobhan

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Re: How is Vanguard calculating the investor class?
« Reply #4 on: September 18, 2014, 11:04:16 AM »
From Vanguards website:  Looks like the short answer could be yes.

"Eligibility is based on total household assets held at Vanguard, with a minimum of $50,000 to qualify for Vanguard Voyager Services®, $500,000 for Vanguard Voyager Select Services®, $1 million for Vanguard Flagship Services®, and $10 million for Vanguard Flagship Select Services™. We determine eligibility by aggregating assets of all qualifying accounts held by the investor and his or her immediate family members who reside at the same address, including investments in Vanguard mutual funds, Vanguard ETFs®, certain annuities through Vanguard, The Vanguard 529 Plan, and certain small-business accounts. Assets in employer-sponsored retirement plans for which Vanguard provides recordkeeping services may be included in determining eligibility if the investor also has a personal account holding Vanguard mutual funds. Vanguard ETFs and Vanguard mutual funds held in a Vanguard Brokerage Account are also included when determining a household's eligibility; other assets held in a brokerage account are not.

Qualification criteria (for example, asset levels) for Flagship and Voyager Services are subject to periodic review by Vanguard and may change at any time. Vanguard reserves the right to discontinue enrollment in any of these services or reassign any investor, without prior notification, to the appropriate service level if the investor fails to continue to meet the applicable qualification criteria. Vanguard reserves the right to amend or cancel selected features and benefits at any time without prior notification.

In addition, ongoing access by any particular investor to individual services, discounts, and exemptions is subject to periodic review and may be restricted based upon criteria established solely by Vanguard. While Vanguard Flagship and Voyager Services are complimentary, some underlying services may charge fees and expenses. Vanguard does not guarantee any level of service."