VANGUARD CHARGES NEW FEES.
Published In: Kiplinger Personal Finance, 2024, v. 78, n. 8. P. 16 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: CLARK, KIM 3 of 3
Abstract
Vanguard, the second-largest money manager in the US, has announced new fees and changes to its customer agreement. Among the new fees is a $25 charge for using the firm's phone service to trade Vanguard mutual funds or exchange-traded funds. Other new fees include a $100 account-closure fee for accounts under $5 million and fees for services that some brokers may provide for free. Vanguard has faced criticism for its customer service, but the company says it has been investing in improving its digital experience for customers. The new CEO, Salim Ramji, will be tasked with deciding the level of customer service to provide. [Extracted from the article]
Additional Information
- Source:Kiplinger Personal Finance. 2024/08, Vol. 78, Issue 8, p16
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2024
- ISSN:1528-9729
- Accession Number:178014497
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