Dimensional Fund Advisors

Anonymous wrote:$1 million is a lot of money and more than most people will ever accumulate in their lifetimes.

Good job accumulating a million dollars! It was not easyan easy task if you started from scratch.

Invest prudently with nicely yielding equities and bonds, and a smattering of speculative stocks. Do this and you'll live nicely for many years to come.

Please ignore the trolls. Trolls are just special interest robots that attempt to make you question your judgement. In this case they don't want people move away Financial Advisors.

If you are not treated/served well you should move your money. Thats just common sense!

To where? You provided zero useful information...

Anonymous wrote:

Anonymous wrote:What on earth don't you like about the lowest fee index funds on earth? Did they sleep with your spouse?

Oh my, no! Maybe it's petty but they required my husband's permission to start a fund because it's linked to a shared bank account (one where I am legally entitled to 100% of the money, as is he). It felt a little Handmaid's Tale and I pushed back a little but I complied. The final straw was a notary public signed on the wrong line and instead of chalking it up to a clerical error, they are making me redo all of the paperwork. The universe is telling me Vanguard isn't going to work for me anymore.

Of course you have to redo the paperwork. That is the norm with any serious contract/serious paperwork. Not sure why you expected vanguard to not do this. Can you imagine the liability they open themselves up to if they allow people to scratch out and edit contracts. We are talking about people's life savings, not a waiver form for coed soccer.

vanguard is as good as it gets

Anonymous wrote:

Anonymous wrote:What on earth don't you like about the lowest fee index funds on earth? Did they sleep with your spouse?

Oh my, no! Maybe it's petty but they required my husband's permission to start a fund because it's linked to a shared bank account (one where I am legally entitled to 100% of the money, as is he). It felt a little Handmaid's Tale and I pushed back a little but I complied. The final straw was a notary public signed on the wrong line and instead of chalking it up to a clerical error, they are making me redo all of the paperwork. The universe is telling me Vanguard isn't going to work for me anymore.

but if your dh was opening a fund just in his name from a joint bank account wouldn't you be glad they asked for your permission?

We all deserve to be treated well!

There is no such thing as a "hissy fit". Grown ups don't use such cliches to descibe another person's reactions.

Somtimes we overlook poor service, but after a while it is time to vote with our feet and to move on to a different service provider.

Schwab was offering about 5,000 million free trades to new clients.
I called and asked for free trades and they said no. About a month later I received a cold call from a different top of the line brokerage house offering free trades and just like that I changed brokers. Schwab spent millions on marketing to acquire new clients, but weren't very concerned with keeping my account. There had been a few other glitches as well.

Six months later I was amused when Schwab's next marketing campaign was "If you asked us a question and didn't get the answer you were looking for ... just ask us the same question again".

That was a very strange advertising campaign.

For me, I was already gone. When they start taking you and your business for granted it's time to find a new broker, dry cleaner, dentist, or whatever services we need.

We all deserve to be treated well!

Anonymous wrote:$1 million is a lot of money and more than most people will ever accumulate in their lifetimes.

Good job accumulating a million dollars! It was not easyan easy task if you started from scratch.

Invest prudently with nicely yielding equities and bonds, and a smattering of speculative stocks. Do this and you'll live nicely for many years to come.

Please ignore the trolls. Trolls are just special interest robots that attempt to make you question your judgement. In this case they don't want people move away Financial Advisors.

If you are not treated/served well you should move your money. Thats just common sense!

She was treated fine, but probably threw a hissy fit out of the inconvenience and told them she was taking her money and now she’s embarrassed to go back. We have had Fidelity and Schwab and moved to Vanguard when we got married. All three would have asked for documentation for a joint account and insisted a legal notarized document was correct. I wouldn’t want my money at a brokerage that couldn’t get those details right.

Anonymous wrote:Not sure what your looking for exists. Vanguard is known for their low fee funds. Others have since come along (fidelity for one) but you’re still getting great options with vanguard

Charles Schwab will do what OP wants.

It is the easiest thing in the world to change brokeragd firms. Make a call to a different brokerage firm. They will fill out the paperwork for you and send it to you to sign. You may need to have it notarized at their office.

The new brokeragd firm will facilitate the transfer of your financial holding to the new firm.

It's all very easy!

If you are still annoyed at Vanguard or whoever you can sell those holding and buy equivalents at the new firm.

If they hold $1 million of your assets and they are not respectful enough to make your business with them pleasant it is definitely time to move to a different broker.

We are happy with TIAA.

DH said T Rowe Proce will do better and wants to switch, but I am fighting him on this because of the fees.

$1 million is a lot of money and more than most people will ever accumulate in their lifetimes.

Good job accumulating a million dollars! It was not easyan easy task if you started from scratch.

Invest prudently with nicely yielding equities and bonds, and a smattering of speculative stocks. Do this and you'll live nicely for many years to come.

Please ignore the trolls. Trolls are just special interest robots that attempt to make you question your judgement. In this case they don't want people move away Financial Advisors.

If you are not treated/served well you should move your money. Thats just common sense!

The joint account thing is possibly odd but the notary thing is not. I would not switch on either account, though. It’s a hassle and you’re already with the best investment company.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What on earth don't you like about the lowest fee index funds on earth? Did they sleep with your spouse?

Oh my, no! Maybe it's petty but they required my husband's permission to start a fund because it's linked to a shared bank account (one where I am legally entitled to 100% of the money, as is he). It felt a little Handmaid's Tale and I pushed back a little but I complied. The final straw was a notary public signed on the wrong line and instead of chalking it up to a clerical error, they are making me redo all of the paperwork. The universe is telling me Vanguard isn't going to work for me anymore.

They're protecting you (and themselves). Everything you described is the proper way to conduct business.

That's fine. But when their notary messes up and they don't fix it, I'll take it as a sign!

How else do you "fix" a mistake on a legal document other than doing it again? Again, they're protecting you. What happens when you die and your heirs are trying to sort out your estate, and your account gets frozen because some notarized form wasn't properly executed?

+1. They had to do it again. Now if they charged you an additional fee for their mistake, then you would have a legitimate gripe. Maybe they could have given you something small for your hassle, but I wouldn't expect that.

We use Fidelity and I’ve been happy with them.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What on earth don't you like about the lowest fee index funds on earth? Did they sleep with your spouse?

Oh my, no! Maybe it's petty but they required my husband's permission to start a fund because it's linked to a shared bank account (one where I am legally entitled to 100% of the money, as is he). It felt a little Handmaid's Tale and I pushed back a little but I complied. The final straw was a notary public signed on the wrong line and instead of chalking it up to a clerical error, they are making me redo all of the paperwork. The universe is telling me Vanguard isn't going to work for me anymore.

They're protecting you (and themselves). Everything you described is the proper way to conduct business.

That's fine. But when their notary messes up and they don't fix it, I'll take it as a sign!

How else do you "fix" a mistake on a legal document other than doing it again? Again, they're protecting you. What happens when you die and your heirs are trying to sort out your estate, and your account gets frozen because some notarized form wasn't properly executed?