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Personal finance

Simplify your Wealth Management

See how bringing more assets to Vanguard can lead to exclusive benefits.
4 minute read
  •  
December 15, 2022
Personal finance
Wealth management
Article
Page
Estate planning
Taxes
Advice

Vanguard's guiding principles—investing for the long term, staying the course, and exercising discipline—have helped you achieve your investment goals and get you to where you are now. But as the year comes to a close, consider how consolidating more of your assets with Vanguard could help you create an even stronger legacy.

Why should I consolidate my assets at Vanguard?

Consolidating your assets may sound like just another task to add to your to-do list, but the benefits might be worth the effort. Once you have over $5 million in assets under management invested in Vanguard mutual funds or Vanguard ETFs®, you'll have access to a relationship manager, among other exclusive benefits. Your relationship manager would be your point of contact on all things Vanguard-related and could help you navigate the complex processes that come with having a high net worth portfolio.

Exclusive products and services with $5M+ at Vanguard:

Family legacy planning & trust services

Wealth and estate planning

Access to private equity

Tax-efficient strategies & solutions

Philanthropic planning

Cash management solutions

Investment advice

100 commission-free trades

What can a relationship manager offer in terms of value?

A relationship manager can get to know you and your goals and help you navigate the intricacies of your Vanguard account. Whether you want to open up a trust account, start charitable giving, or bring your children into the financial conversation, your relationship manager can help you make financial decisions that will set you and your family up for success.

Once you have a relationship manager, you won't have to wait on hold; you can contact them directly through the secure message center or by making an appointment online. They'll help you and the members of your household understand the larger picture of your legacy.

Question

Are there other reasons I should consolidate my assets?

Yes. Consolidating is a great way to simplify your estate planning goals. Holding your assets at multiple institutions can make it harder for your heirs to process your estate, and varying paperwork requirements and timelines can lead to errors and pressure on your loved ones. By bringing your assets to Vanguard, you can help reduce the complexity of estate transition for your heirs.

Question

What else could my relationship manager help with?

Your relationship manager could also help with your philanthropic planning. When it comes to estate planning, philanthropic giving can be advantageous for those with high net worth portfolios. Lots of charitable giving is done at the end of the year, so it's a good time to consider whether consolidating your assets and making a gift makes sense for you. We can help explore the most tax efficient means of gifting and make the process as easy as possible. And when you donate through a donor-advised fund such as Vanguard Charitable, it can help reduce the tax obligation of your estate.

Question

How could consolidating my accounts help with taxes?

Holding all of your assets at one institution could simplify your tax process. Instead of receiving tax forms from multiple institutions, you'd be able to access them all in one convenient location. Your relationship manager will be able to talk with you and your tax advisor together to streamline the process even more.

Interested in our exclusive services or transferring assets? Call us at 866-960-9258 Monday through Friday from 8 a.m. to 8 p.m., Eastern time.

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