Reported about 1 year ago
The article discusses a dissatisfied customer's decision to transfer their retirement account from Vanguard to Charles Schwab due to Vanguard's changes and additional fees, particularly because their account was being sold to Ascensus, which would impose annual fees. The customer found Schwab offered better terms and lower management fees. Despite minor fees and changes at Vanguard, the customer's move signifies displeasure with the firm's recent actions, hoping it will not impact Vanguard in the long term.
Source: YAHOO