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Personal Investments • Re: Forced brokerage transition: Other low cost MF companies?

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Hello, all. I received a letter from Vanguard today about the forced transition to a brokerage platform. I have successfully put it off until now, and just two months ago they assured me I could keep the directly held mutual fund structure, but today they advised I will be forced to a brokerage platform by the end of this July.
Did you confirm this with Vanguard by phone or is it just based on the letter? I am wondering if there are any exceptions for people in your position or if Vanguard has developed an alternative solution for those in the financial industry.
I spoke with three different people and ultimately to a manager. All they could do was apologize for the inconvenience.

Statistics: Posted by dime — Wed Jun 26, 2024 10:37 am



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