What does it cost?
Get expert advice for a lot less than you might think
When you sign up for Vanguard Digital Advisor, you’ll pay no advisory fees for the first 90 days.1
After that, you’ll only pay about $15 a year for every $10,000 you invest.2 That’s about half the industry-average cost for the same type of service!3
And the fees will come out of your investment account automatically each quarter. So you’ll never have to pay out of pocket.
You’re in control. We’ll email you a few days before your first 90 days are up. If you don’t want to continue, you can log in to your account and unenroll at any time without a penalty. But we’re pretty sure you’ll want to stick around.
Calculate my cost
The total balance of all accounts at Vanguard that I want Digital Advisor to manage:
Find out how much you’ll pay—and how much you’ll save—with Digital Advisor.
Digital Advisor can manage these types of accounts at Vanguard:
- Certain employer-sponsored retirement plan accounts, like 401(k) accounts, with balances of at least $5.
- Taxable accounts with balances of at least $3,000. These accounts must be owned individually or as joint tenants with rights of survivorship.
- Traditional, Roth, and rollover IRAs with balances of at least $3,000.
Note: Digital Advisor can't manage accounts at other financial institutions. So don't include those balances here. But you can link those accounts to Digital Advisor's financial planning tools after you enroll.
The power of low-cost investing
Here’s another way Digital Advisor keeps costs down. It invests your money in low-cost mutual funds. Explore how this simple but powerful concept keeps more of your money working for you.
The power of low-cost investing
When you enroll in Vanguard Digital Advisor®, the primary ingredients that can help your portfolio grow over time are mutual funds and collective investment trusts. These are all clusters of many different stocks or bonds that you invest in as a single package. Think of them like smoothies that blend together all kinds of different ingredients. When you own one share of a fund or unit of a trust, you own a piece of everything in it.
The low management costs of Vanguard’s funds and trusts free up more of your money for you to invest. And this means you can benefit even more from a handy principle known as compounding. The more money you can invest in the beginning, the more you can earn over time as you continue to reinvest your returns. It can really add up. And that’s why mutual funds and collective investment trusts are an important part of Digital Advisor’s investing strategy.
The legal details
Whenever you invest, there’s a chance you could lose the money.
Bond funds are made up of IOUs, primarily from companies or governments. These funds risk losing value if the debt isn't repaid on time. Also, bond prices can drop when interest rates rise or the issuer's reputation suffers.
Collective trusts are not mutual funds. They're a special type of investment offered only in retirement plans like yours. Before you invest, get the details. Know and carefully consider the objective, risks, charges, and expenses. Vanguard Fiduciary Trust Company manages the Vanguard collective trusts.
Vanguard Digital Advisor's services are provided solely by Vanguard Advisers, Inc. (VAI), a registered investment advisor. Go to vanguard.com/legalbrochure for important details about this service. Vanguard Digital Advisor's financial planning tools provide projections and goal forecasts, which are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.
© 2023 The Vanguard Group, Inc. All rights reserved.
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1Eligibility periods for fee waivers are tied to the enrollment of your first account. If you have an ineligible account that’s been enrolled in Digital Advisor for more than 90 days, new accounts you enroll are not eligible for the fee waiver. If you unenroll before your fee waiver period ends, you won’t owe an advisory fee. But if you choose to reenroll in Vanguard Digital Advisor during or after your fee waiver period, you won’t be eligible for a second fee waiver. This fee waiver offer may be modified or discontinued anytime at the sole discretion of Vanguard Advisers, Inc. All costs associated with fund expense ratios still apply at all times.
2Actual costs vary. Digital Advisor will reduce your gross advisory fee by the amount of revenue (such as expense ratio rebates) that Vanguard (or a Vanguard affiliate) collects on your portfolio in order to calculate the net advisory fee. Digital Advisor’s annual net advisory fee is approximately 0.15% across your enrolled accounts for a typical investment portfolio, although your actual net fee will vary depending on the specific holdings in each enrolled account. Your net advisory fee can also vary by enrolled account type. Plan participants’ actual advisory fees will vary depending on your plan’s lineup and the revenue that Vanguard receives from those investments. Please see your plan fee disclosure notices for the applicable annual gross advisory fees that apply to your plan assets.
3The average retail advisory fee of 20 robo-advisor competitors who charge a management fee is 0.30% as of May 31, 2023. Note that the services and level of support offered by competitors’ services may be different from the services offered by Vanguard Digital Advisor. This average was calculated in Morningstar's 2023 Robo-Advisor Landscape report, using fee information from company surveys, Form ADV and 13-F filings, and Morningstar research. Current fees may vary for the competitors considered.
Vanguard Digital Advisor's services are provided solely by Vanguard Advisers, Inc. (VAI), a registered investment advisor. Please review the Vanguard Digital Advisor brochure for important details about this service. Vanguard Digital Advisor’s financial planning tools provide projections and goal forecasts, which are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.