Submitted by Cautious_Second7321 t3_zz2uko in personalfinance
Zealousideal_Baker84 t1_j293ont wrote
You have to pay for the Vanguard Personal Services. .30bps for assets under management.
It’s ok. It’s cheap and the offerings are Vanguard so an automatic win.
Edward Jones and the ilk will try to put you in annuities and other bs. Unsure about the fees. I don’t trust them though.
They’re not even fiduciary.
I’ve tried personal capital and it was overly complicated and the returns were meh. The tech is good.
Vanguard is boring as fuck. But good. But the tech is atrocious. Like 2003 level app and interface.
Cautious_Second7321 OP t1_j297nnv wrote
Haha yea, how could I forget the app.
Cautious_Second7321 OP t1_j2949hk wrote
Interesting about the Vanguard Personal Services. I’ll have to check that out. They can answer all of those questions? What does .30bps mean? I’m not familiar with that.
meamemg t1_j296160 wrote
To clarify, Vanguard charges 30bps, or 30 basis points, which is 0.30 percent. So for every $100,000 invested they charge $300.
Zealousideal_Baker84 t1_j294h0m wrote
Actually. Here’s an explanation.
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