You may want to correct your Vanguard fee schedule; they charge a $250 “maintenance fee” on account balances under $25,000. This appears to be on top of the 0.60% fee, meaning that accounts that ultimately decline in value suffer total annual fees bordering on ~2% . This seems to make Schwab a much better option for accounts that may ultimately decline below $25k, right?
You may want to correct your Vanguard fee schedule; they charge a $250 “maintenance fee” on account balances under $25,000. This appears to be on top of the 0.60% fee, meaning that accounts that ultimately decline in value suffer total annual fees bordering on ~2% . This seems to make Schwab a much better option for accounts that may ultimately decline below $25k, right?
See “Maintenance Fee” at https://www.vanguardcharitable.org/company-policies/policies-and-guidelines