Advisors and tech at a price worth paying

To enroll, you'll need to meet the following requirements:

• You have a retail Vanguard Brokerage Account with a balance of at least $50,000. (If you're new to Vanguard, opening an account is simple.)
• You're a United States resident, or you have an APO/FPO/DPO mailing address.
• You’re at least 18 years of age. (At least age 19 in Alabama or Nebraska and at least age 21 in Mississippi.)
• You're not—or do not live in the same household as—a board member, executive, or someone who’s able to influence policy in a publicly traded corporation.

If you have a Vanguard-administered 401(k) retirement account, you may also be eligible to enroll⁴. Restrictions may apply to certain organization members.

Vanguard Brokerage Option (VBO®) accounts offered by plan sponsors aren't eligible for management by Personal Advisor. Special notice to non-U.S. investors

Personal Advisor can manage eligible 401(k) retirement accounts and the following types of retail Vanguard Brokerage Accounts:

• Individual or joint tenants with rights of survivorship (JTWROS) taxable accounts.
• Traditional IRAs.
• Roth IRAs.
• Rollover IRAs.
• Inherited IRAs owned by natural, adult investors.
• Single-participant SEP-IRAs.
• Revocable trusts.

However, we recommend that you connect other Vanguard and non-Vanguard accounts as you plan your goals so we can incorporate them into your goal growth projections, and help you forecast your likelihood of meeting your long-term goals.

You'll incur expenses to invest in the underlying funds, collective investment trusts, and ETFs in your portfolio (i.e., expense ratios). If you're invested in ETFs, collective investment trusts, or mutual funds today, you're already paying these expenses. We credit the revenue received from your investment portfolio toward the gross advisory fee and deduct only the additional net advisory fee from your managed accounts.

In general, if you incur a fee that results in revenue for Vanguard or a Vanguard affiliate, it will be included in this credit amount. Certain regulatory required trading fees aren't considered revenue and are still incurred for trades within Vanguard Brokerage Accounts, but not credited. For more information about the fee structure, refer to Form CRS Conversation Starter questions and the Vanguard Personal Advisor Brochure.

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 an investment strategy 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.

Personal Advisor might be a good fit for you if:

• You have questions about investing.
• You don't enjoy making investment decisions or you'd rather spend your time doing other things.
  
• 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.

If you're looking for an advisor who will identify "hot" investment trends and actively trade to beat the market, Personal Advisor is NOT the right fit for you.

Personal Advisor offers a portfolio of actively managed mutual funds and index ETFs for Vanguard Brokerage Accounts. During the onboarding process, you'll take an assessment to determine whether you have the risk temperament for active strategies and can ride out periods of active underperformance. Incorporating active funds allows for greater portfolio personalization and the potential for better investment outcomes for those clients willing to pay a higher cost for that potential.

Focusing on investors' 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.

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.

If you don’t already have an account with Vanguard, you’ll be asked to create one with a username and password. Then you'll fill us in on information related to your financial profile.

• Expect to answer questions related to your risk tolerance, short- and long-term financial goals, and general financial health. This helps us create a customized portfolio just for you.
• You may schedule an appointment with an advisor before enrolling to ensure our advice offer and portfolio construction plan suits your personalized needs.
• After enrolling, you'll have access to an advisor at any time. Simply schedule an appointment on your Personal Advisor dashboard.
• Additionally, you'll continue to receive nudges to complete your financial picture even after enrolling. This may include setting up automated contributions to meet your goals, defining your emergency savings, choosing a Medicare plan prior to becoming eligible, preparing for healthcare costs in retirement, and more.