A relationship that puts you first
Get a dedicated advisor who's a fiduciary and doesn't make commissions so you can be confident for the long term.
in minimum assets required to enroll
Advisory fee (cost per $10,000)
The value of a dedicated advisor
When you choose Personal Advisor Select, you’re getting more than just financial advice. You’re getting a relationship.
A dedicated partner who understands where you’re coming from and where you want to go in your financial life.
An experienced CFP who works only for you and your goals. Not for a commission.
Someone who’s by your side during market highs and lows to offer coaching and guidance during emotionally charged moments.
Someone who knows your story—and will make sure your financial plan keeps up when the story changes.
Someone who’s on the journey with you.
A journey that can start today.
All investing is subject to risk, including the possible loss of the money you invest.
Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company.
CFA® is a registered trademark owned by CFA Institute. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP® and Certified Financial Planner™ in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
© 2022 The Vanguard Group, Inc. All rights reserved.
Is working with a dedicated advisor right for you?
These 5 questions can help you decide.
You chose: Saving for retirement
You may wonder if your current savings rate will be enough to provide the lifestyle you want. Our advisors will help you:
Additional resources for saving for retirement
You chose: Living well in retirement
To help make sure your nest egg lasts, our advisors will look at your complete financial picture, guiding you through:
†Vanguard does not provide tax advice and we recommend that you consult a tax or financial advisor about your individual situation.
Additional resources for living well in retirement
You chose: Preserving wealth
Whether your goal is to preserve your wealth for the next generation or use it to live the life you want now, we offer†:
†Clients with $5 million or more in advised assets are eligible for trust, wealth planning, and estate planning services as well as advice.
Additional resources for preserving wealth
You chose: Achieving long-term goals
Balancing a variety of goals while maintaining your long-term vision takes discipline. Our advisors can help you:
Additional resources for achieving long-term goals
You chose: I'm not sure
We're here to help! A good first step is to save for retirement, then explore other goals. No matter your goal, we’re here to help you keep your costs low and maintain a disciplined approach.
Chat with a professional.
Additional resources to help you build a plan
*Source: PriceMetrix by McKinsey. Average fees are based on data contained in PriceMetrix’s proprietary database, representing more than 20 North American wealth management firms that represent 70,000 financial advisors. PriceMetrix’s data set covers nearly half of retail assets managed by full-service financial advisors. The average fees for new accounts are based on households with assets of $1 million to $1.5 million. PAS clients at the same asset level will be assessed a 0.30% advisory fee. Note that full-service advisors, including PAS, may provide a tiered-fee structure based on the level of assets being managed, and may require a minimum asset level to manage the accounts. The average fees do not consider other costs, including underlying product costs, transaction costs, or other account costs. Unless otherwise noted, all data are reported as of December 31, 2020.
Frequently asked questions
You'll pay just 0.30% on the assets you invest with us. That's no more than $30 in fees for every $10,000 in your portfolio, which covers access to a financial advisor, your customized goals-based financial plan, and ongoing investment advice. (Note that this fee doesn't include investment expense ratios, but we generally recommend using low-cost Vanguard funds to build your portfolio.)
You'll need to invest a minimum of $500,000 to work with our advisors, and we'll waive any fund minimums for you. The following types of Vanguard accounts count toward the minimum:
- Individual accounts (mutual fund or brokerage).
- Trust accounts.
- Eligible employer-sponsored plan accounts.†
If you're participating in an employer-sponsored plan, you can check your advice services eligibility by logging in to your account on our Advice Compare page.
We can't advise you on the following types of accounts (and they don't count toward the minimum), but we can still include them in your plan and give you guidance that you can implement yourself:
- Ineligible 401(k) and 403(b) accounts.
- i401(k) accounts.
- 529 accounts.
- UGMA/UTMA accounts.
- Other investment accounts you hold outside of Vanguard.
Vanguard is one of the largest investment companies in the world with decades of experience and global recognition. Our highly respected investment managers, researchers, strategists, and economists have developed a deep expertise in all areas of investing. You'll get access to the best thinking of these Vanguard experts along with a customized plan based on your personal goals that applies our methodologies to your situation. On top of that, our financial advisors are ready to help when you need it, by phone, email, or video chat.
Personal Advisor Select might be a good fit for you if:
- You have questions about investing.
- You want a smart strategy to save for things like: funding your retirement, saving for college tuition, buying a home, or starting a business.
- You don't enjoy making investment decisions or you'd rather spend your time doing other things. (You want someone else to keep an eye on your portfolio for you.)
- It's tough to stick to a long-term plan or you often react to market volatility.
- You have to make complex financial decisions (Social Security, health care funding, or withdrawing retirement savings) and want help making these decisions.
- You believe in the power of diversification, low costs, and a long-term view.
- You want help managing your investments in a tax-efficient manner and want to take advantage of tax-loss harvesting.
If you're looking for an advisor who will identify "hot" investment trends and actively trade to beat the market, Personal Advisor Select is NOT the right fit for you.
To review some questions you should ask if you’re considering financial advice, read the Advisor Client Relationship Summary (Form CRS) conversation starter questions.
You can also get important details about this service, including asset-based service levels and fee breakpoints, in the Vanguard Personal Advisor Select Brochure.
Focusing on investors' best interests is what Vanguard was built on. We were founded on the mission to take a stand for investors to help give them the best possible chance for success. Learn more about our investment philosophy and company history
Personal Advisor Select is held to fiduciary standards under applicable regulations. (Meaning our advisors are required to act in your best interests at all times.) Also, our advisors don't receive commissions.
We've always believed that successful investing can be simpler than many people think, but decades of experience have taught us that not everyone is as passionate about investing as we are—and that's okay.
For people who aren't as interested in creating and monitoring an in-depth financial plan (or delving into the nuances of asset allocation, rebalancing, taxes, and goal prioritization), we're here to help. We also believe that talking to an advisor can be helpful if things get a bit stormy, whether it's in the market or your personal life.
First, you'll fill us in on some information (things like your needs and goals, including a timeline for each, and information on your non-Vanguard assets). You can do this online or over the phone. Then you'll set up a time to speak to an advisor. The advisor will get to know you, answer any questions you have, and make sure we have everything we need to build your customized financial plan.
Once your plan is created (within a few weeks), you'll meet with an advisor again to go through it. At that time, you can decide whether the plan and the service are a good fit for you—with no obligation.
You can get started online or by phone. Be ready to tell us about your investment objectives for funding your retirement, saving for college, paying off debt, buying a home, or other goals, and a timeline for each one. We'll also need an estimate of your income and spending needs, as well as information on any non-Vanguard assets or income (including an approximation of your expected Social Security benefits). Then you'll schedule a time to meet with an advisor and you're on your way!
*Source: PriceMetrix by McKinsey. Average fees are based on data contained in PriceMetrix’s proprietary database, representing more than 20 North American wealth management firms that represent 70,000 financial advisors. PriceMetrix’s data set covers nearly half of retail assets managed by full-service financial advisors. The average fees for new accounts are based on households with assets of $1 million to $1.5 million. Vanguard Personal Advisor Select clients at the same asset level will be assessed a 0.30% advisory fee. Note that full-service advisors, including Vanguard Personal Advisor Select, may provide a tiered-fee structure based on the level of assets being managed, and may require a minimum asset level to manage the accounts. The average fees do not consider other costs, including underlying product costs, transaction costs, or other account costs. Unless otherwise noted, all data are reported as of December 31, 2020.
**Tax-loss harvesting involves certain risks, including, among others, the risk that the new investment could have higher costs than the original investment and could introduce portfolio tracking error into your accounts. There may also be unintended tax implications. We recommend that you carefully review the terms of the consent and consult a tax advisor before taking action.
†If you only have assets in an employer-sponsored plan account eligible for Vanguard Personal Advisor Select, the minimum to enroll is $250,000 or more in advised retirement plan assets.
All investing is subject to risk, including the possible loss of the money you invest.
We recommend that you consult a tax or financial advisor about your individual situation.
For more information about Vanguard funds or Vanguard ETFs, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
Vanguard is investor-owned, meaning the fund shareholders own the funds, which in turn own Vanguard.
Vanguard’s advice services are provided by Vanguard Advisers, Inc. (“VAI”), a registered investment advisor, or by Vanguard National Trust Company (“VNTC”), a federally chartered, limited-purpose trust company.
The services provided to clients will vary based upon the service selected, including management, fees, eligibility, and access to an advisor. Find VAI’s Form CRS and each program’s advisory brochure here for an overview.
VAI and VNTC are subsidiaries of the Vanguard Group Inc. and affiliates of Vanguard Marketing Corporation. Neither VAI, VNTC nor its affiliates guarantee profits or protection from losses