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Vanguard CEO Salim Ramji Is Reviving Perks for $1 Million Investors. Know What They Cover Before You Move Mone

Willie Lackey
Published on 2026-11-11 09:30:00
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Vanguard CEO Salim Ramji Is Reviving Perks for $1 Million Investors. Know What They Cover Before You Move Mone

Vanguard CEO Salim Ramji made a promise to wealthier clients in his May 1, 2026, letter to investors. For investors with higher assets and more complex needs, he wrote, Vanguard was “bringing back a more personalized tier of service under the Flagship name.”

That service is now arriving. In mid-October, Vanguard emailed self-directed investors with $1 million to $10 million to tell them they had been enrolled, RIABiz reported Oct. 23.

The same letter carried a line worth holding onto: “High-quality financial advice shouldn’t be a luxury good.” Flagship is mostly about service. Ongoing advice is a separate product with its own price.

What $1 million gets you at Vanguard

Flagship is open to Vanguard Brokerage Services clients with $1 million to $10 million in qualifying assets, and there is “no fee to be in Flagship,” Vanguard says. Eligible clients are enrolled automatically.

The package includes a dedicated Flagship phone team, priority live chat with human representatives, a higher yield on Vanguard’s Cash Plus account, a TurboTax discount and preferred margin rates.

Flagship clients may also qualify for full or partial reimbursement of another firm’s fee when they move assets to ...

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