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The details

Vanguard Digital Advisor®

Looking for help with your finances? See the eligibility requirements and other important information about using our digital advice services.

What you need to get started

To enroll in Digital Advisor, you'll need at least $3,000 in each Vanguard Brokerage Account you'd like to have managed*. The money must be invested only in Vanguard Federal Money Market Fund, the settlement account.

Before getting started with Digital Advisor, you must confirm the following:

  • You're a United States resident or you have a APO/FPO/DPO mailing address.
  • You're not retired or within 1 year of retirement.
  • You're not a company insider or control person.
  • You're not enrolled in Vanguard Personal Advisor Services®.

Fees

Digital Advisor targets an annual net advisory fee of 0.15% across your enrolled accounts**, although your actual fee will vary depending on the specific holdings in each enrolled account. That means you'll pay approximately $15 in fees each year for every $10,000 managed.

Eligible account types

To enroll, you'll need a Vanguard Brokerage Account registered as one of the following:

  • An Individual taxable account.
  • A traditional IRA.
  • A Roth IRA.

Investment options

Digital Advisor uses ETFs as its core investments for Vanguard Brokerage Accounts because of their low costs and minimum investment requirements.

When enrolled, you will receive a personalized combination of the following:

  • Vanguard Total Stock Market ETF
  • Vanguard Total International Stock ETF
  • Vanguard Total Bond ETF
  • Vanguard Total International Bond ETF

More questions to consider

See questions you should ask if you're considering getting financial advice. Digital Advisor's Client Relationship Summary (Form CRS) conversation starter questions [pdf]

See what Digital Advisor can do for you.

Not ready to get started?

We'll keep you updated as new features become available.

Enter your email address to receive information about Vanguard Digital Advisor. We may also send you other Vanguard information you might be interested in. You can opt out at any time.

Your goals are our goals.

Our unique, client-owned structure keeps us focused on investor needs first.

All investing is subject to risk, including the possible loss of the money you invest.

Vanguard Digital Advisor's services are provided by Vanguard Advisers, Inc. ("VAI"), a federally registered investment advisor. VAI is a subsidiary of VGI and an affiliate of VMC. Neither VAI, VGI, nor VMC guarantees profits or protection from losses.

*Only Vanguard Brokerage Accounts with balances of at least $3,000 held in the Vanguard Federal Money Market Fund can enroll in Vanguard Digital Advisor. Vanguard Digital Advisor can also manage eligible plan participant accounts. Eligible plan participants should consult their plan fee disclosure notices for the applicable annual gross advisory fees that apply to their plan assets and eligibility.

**Vanguard Digital Advisor is an all-digital service that targets an annual net advisory fee of 0.15% across your enrolled accounts, although your actual fee will vary depending on the specific holdings in each enrolled account. To reach this target, Vanguard Digital Advisor starts with a 0.20% annual gross advisory fee to manage Vanguard Brokerage Accounts. However, we’ll credit you for the revenues that The Vanguard Group, Inc. ("VGI"), or its affiliates receive from the securities in your Digital Advisor managed portfolio (i.e., at least that portion of the expense ratios of the Vanguard funds held in your portfolio that VGI or its affiliates receive). Your net advisory fee can also vary by enrolled account type. The combined annual cost of Vanguard Digital Advisor's annual net advisory fee plus the expense ratios charged by the Vanguard funds in your managed portfolio will be 0.20% for Vanguard Brokerage Accounts. For more information, please review the Vanguard Digital Advisor Brochure (PDF document that opens a new tab).

You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) in order to enroll in Digital Advisor. If you decide to manage your investments on your own you can buy and sell Vanguard ETF Shares through Vanguard Brokerage Services or another broker (which may charge commissions).

We'll invest your assets in a portfolio of Vanguard ETFs®, all of which are commission-free through a Vanguard Brokerage Account. Vanguard Brokerage Accounts are offered through and maintained by Vanguard Marketing Corporation ("VMC"), a registered broker-dealer and member FINRA and SIPC. If you decide to manage your investments on your own, you can buy and sell Vanguard ETF Shares through Vanguard Brokerage Services or another broker (which may charge commissions).

You could lose money by investing in Vanguard Federal Money Market Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Terms of use for Vanguard Digital Advisor (PDF document that opens a new tab)

Visit vanguard.com to obtain a Vanguard fund or ETF prospectus, or, if available, a summary prospectus, which contains investment objectives, risks, charges, expenses, and other information; read and consider carefully before investing.