Vanguard's guiding principles—investing for the long term, staying the course, and exercising discipline—have helped many investors achieve their investment goals and get them to where they are now. Consolidating your assets may sound like just another item on your to-do list, but the benefits might be worth the effort and help you create an even stronger legacy.
Personal finance
Benefits of Consolidating Your Investment Accounts
Wealth management is the process of making decisions about your assets. See how bringing more assets to Vanguard can lead to exclusive benefits.
5 minute read
•
September 03, 2024
Personal finance
Wealth management
Page
Estate planning
Family legacy
Article
Family Legacy Specialist
Why should I consolidate my assets at Vanguard?
Once you have more than $5 million in assets under management invested in Vanguard mutual funds or Vanguard ETFs®, you'll have access to a relationship manager, plus other exclusive benefits. Your relationship manager would be your single point of contact and could help you navigate the complex processes that come with having a high-net-worth portfolio.
Benefits of Vanguard wealth management services
- Family legacy planning and trust services
- Wealth and estate planning
- Access to private equity
- Tax-efficient strategies and solutions
- Philanthropic planning
- Cash management solutions
- Investment advice
- 100 commission-free trades
What is a relationship manager?
A relationship manager can get to know you and your goals and help you make financial decisions and make the most of the wealth you've built. Unlike a wealth manager, a relationship manager cannot provide advice. However, they can get to know you and your goals and help you navigate the intricacies of your accounts. Whether you want to open up a trust account, explore charitable giving opportunities, 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 your loved ones understand the larger picture of your legacy.
FAQs
Consolidating your investment accounts can be a great way to simplify your recordkeeping, develop appropriate goals, and help reduce fees. In addition, holding your assets at multiple institutions can make it harder for your heirs to process your estate, and varying paperwork requirement 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.
Holding all 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.
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. We can help you explore the most tax-efficient ways to give and make the process as easy as possible. And when you donate through a donor-advised fund like Vanguard Charitable, it can help reduce the tax obligation of your estate.
To learn more about transferring your assets, call us at 866-960-9258 Monday through Friday from 8 a.m. to 8 p.m., Eastern time.
Interested in our exclusive services or consolidating your wealth? Call us at 866-960-9258 Monday through Friday from 8 a.m. to 8 p.m., Eastern time.
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, obtain a mutual fund or an ETF prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free online) or through another broker (who may charge commissions). See the Vanguard Brokerage Services Commission and Fee Schedules for limits. Vanguard ETF Shares are not redeemable directly with the issuing Fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.
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The services provided to clients who elect to receive ongoing advice will vary based upon the amount of assets in a portfolio. Please review Form CRS and the Vanguard Personal Advisor Services Brochure (PDF) for important details about the service, including its asset-based service levels and fee breakpoints.