Check whether Vanguard can do this from a brokerage account. A taxable account, such as an individual or a joint account, can help you save for other goals like purchasing a house, buying a car, or saving for a vacation. A type of investment that pools shareholder money and invests it in a variety of securities. Vanguard does not have an account minimum to open a brokerage account, although some of its mutual funds have starting minimum investments of $3,000. Individual CDs (certificates of deposit) and bonds can round out your portfolio, but it helps to grasp the language of the marketplace. I am the trustee for my mother’s living trust and I am trying to help her open an investment account at Vanguard. An investment that represents part ownership in a corporation. Previously Vanguard separated mutual funds from brokerage (ETFs and individual stocks) for each account type. When you open an account with Vanguard, there are two different account options. Birth date. Open your account online today. ETFs are professionally managed and typically diversified, like mutual funds, but they can be bought and sold at any point during the day using straightforward or sophisticated strategies. Vanguard Brokerage Account Application for Trusts (DocuSign) Use this form to open a Vanguard Brokerage Account for Trust registrations. If you’re a business owner, you know what it means to be self-reliant. We don't charge the fee to any of the following: Clients who have an organization or a trust account registered under an employee identification number (EIN). Vanguard does not have an account minimum to open a brokerage account, although some of its mutual funds have starting minimum investments of $3,000. According to Vanguard, their whole application process takes just 5-10 minutes. Vanguard offers low-cost investments directly to UK investors. The first fee is the regular $20 annual fee. U.S. street address. Bonds can be traded on the secondary market. Investments in bonds are subject to interest rate, credit, and inflation risk. That said, the platform doesn't allow you … Vanguard funds are some of the lowest fee funds available today. Employer name and address. If both accountholders have similar investment goals and … Each brokerage house is different in how they classify their investment-only accounts. Finding the right investments starts with allocating your assets among stocks, bonds, and cash investments. Open your account online We're here to help. A loan made to a corporation or government in exchange for regular interest payments. I believe their brokerage account is an account that you would use to buy non-mutual fund shares--like an ETF or individual stock. * Avoid account service fees by registering for secure access to our website and letting us send account documents to you electronically. Keep in mind that some brokerages have special minimum deposit requirements to qualify for special offers for IRA accounts. Investments You'll be able to: Select from Vanguard funds, ETFs, and other investments. Use this process to open a new Vanguard Brokerage Account for trusts. Vanguard is super helpful and shows exactly what will be on their application process. Second is a brokerage account that can hold individual stocks, ETFs, individual bonds, and non-Vanguard mutual funds. A low expense ratio at 0.14% means a lower overhead, and you get to keep more of your earnings. S… Investments You'll be able to: Select from Vanguard funds, ETFs, and other investments. Account Service Fee and Transfer Out Fees. Vanguard Brokerage Services is a separate business under the same roof as The Vanguard Group. Additional forms : Apply for Margin or Option Trading. Open a brokerage account. By Paulina Likos and Dawn Reiss June 11, 2020. How will you fund this new account? Vanguard Brokerage Account Application for Trusts. If so, that could've caused the creation of a … Vanguard Brokerage Services charges a $20 annual account service fee. Your IRAs should be in a retirement account and your taxable should be in a non-retirement account. What are the benefits of a Vanguard Brokerage Account? However, the fee is easily waived by signing up for e-delivery service or if you have $10,000 already invested. You'll have to start by picking an account type, so make sure you know what you're looking for. ... Vanguard would only let you open a brokerage account. TheShadow . ETFs are subject to market volatility. That account is not at a brokerage like TD Ameritrade or E*Trade, it is at The Vanguard Group, or Dodge & Cox, or MFS, and you get statements and such from the mutual fund company itself. You can sign up for access after completing this online application. @msf Thanks for the clarification. An UGMA/UTMA is a taxable account you can open on behalf of a minor. There’s no fee if you want to transfer out of your Vanguard account. Fidelity requires that its investors deposit at least $2,500 to open a new account. Each investor owns shares of the fund and can buy or sell these shares at any time. At The Vanguard Group, as at most mutual fund companies, you can open up an investment account directly with the mutual fund company. Move an account or assets to Vanguard Transfer or roll over assets from an account such as an IRA, brokerage account, or 401(k). If you’re a business owner, you know what it means to be self-reliant. Be ready to invest: Add money to your accounts, Get into the market for individual stocks & ETFs, Explore our guide to investing in CDs & bonds, Learn about the role of your settlement fund, Manage your portfolio for investment success, Vanguard Brokerage Services commission and fee schedules. Rollover from an employer plan (e.g., 401(k) plan) Most Vanguard funds have a $3,000 minimum initial investment. Clients who hold at least $10,000 in Vanguard ETFs ® (exchange-traded funds) and mutual funds. If you have employees, consider a SEP-IRA or SIMPLE (Savings Incentive Match Plan for Employees) IRA. For newly opened brokerage accounts, you must have money in your settlement fund before you can buy an ETF. A brokerage account can be created for free at most brokerage firms. The markets are at your fingertips, and the choices can be dizzying. If you were able to write checks directly from your fund (some bond funds may have had this feature), you'll lose that with the brokerage. I believe this is because of an idiotic over-intetpretation of the Patriot Act and “Know your customer” rules. Get started investing. This account type can … Having money in your money market settlement fund makes it easy. Explore Vanguard's simple, transparent and low-cost funds now! If you began your investment journey with a solid plan, your best chance to achieve your goals may be simply to keep an eye on the plan. Open your account online in about 10 minutes. Mutual funds are typically more diversified, low-cost, and convenient than investing in individual securities, and they're professionally managed. I believe this is because of an idiotic over-intetpretation of the Patriot Act and “Know your customer” rules. E-mail address. Over the past couple of years, Vanguard has been slowly rolling out a merged option where everything is moved inside the brokerage account. Here is how you find the proper form: 1. When buying or selling an ETF, you'll pay or receive the current market price, which may be more or less than net asset value. Vanguard Brokerage IRA Fees There is no minimum opening deposit requirement to open an IRA at Vanguard. Most regular brokerage accounts can be opened online. How to open a Vanguard brokerage account This video is about how to open a Vanguard brokerage account in order to purchase ETFs without paying a brokerage fee. If you also need a new account for your move, we'll help you open … An insured, interest-bearing deposit that requires the depositor to keep the money invested for a specific period of time or face penalties. All investing is subject to risk, including the possible loss of the money you invest. Custodial Account Fees at Vanguard Vanguard charges a $20 annual fee on both the UGMA and the UTMA account. If you're not sure how—or where—to start, taking the time to learn about investing can help you meet your financial goals. Our family chose to open a Vanguard brokerage account. This is not the case with all minor brokerage accounts. If you're converting a taxable account, you'll get multiple 1099s for the split year. Vanguard is a member of the SIPC, and so its brokerage accounts are protected to the maximum amount - $500,000 per account. Now, it’s relatively easy to open a Vanguard account. * Enter your investment amount. After you choose what kind of account you want to open, you'll need to fund the account (obviously). Your use of this site signifies that you accept our terms & conditions of use.Privacy policy  |  AdChoices  |  Security  |  Prospectuses  |  Careers  |  Mobile  |  Feedback. Log on and we'll prefill your personal information to speed up the process. * Avoid account service fees by registering for secure access to our website and letting us send account documents to you electronically. Electronic bank transfer or another Vanguard account. But there's no preset minimum—you only need enough to cover the cost of the ETF shares you intend to buy. Open an account Account ... Account You'll need your: Account type (IRA, Individual, joint, etc.). Second is a brokerage account that can hold individual stocks, ETFs, individual bonds, and non-Vanguard mutual funds. After you choose what kind of account you want to open, you'll need to fund the account (obviously). First is a mutual fund account which only holds Vanguard mutual funds. Vanguard offers low-cost investments directly to UK investors. That’s why it’s important to take advantage of retirement plans designed for workers who are self-employed. You hear a lot about saving for retirement these days, but that’s probably not your only investment goal. When you open an account with Vanguard, there are two different account options. Trust accounts need to use the paper form and provide a little more information. No account minimums: Vanguard has no minimum deposit requirement to open a brokerage account. Brokered CDs can be traded on the secondary market. You hear a lot about saving for retirement these days, but that’s probably not your only investment goal. That’s why it’s important to take advantage of retirement plans designed for workers who are self-employed. One area where Vanguard shines is having very low investment fees. Be prepared to pay for securities you purchase. Explore Vanguard's simple, transparent and low-cost funds now! Same with Wachovia/Wells Fargo. Stocks, bonds, money market instruments, and other investment vehicles. First is a mutual fund account which only holds Vanguard mutual funds. Electronic bank transfer or another Vanguard account. How to Open Your First Brokerage Account Fees, advisors and investment types should all factor into your choice of a brokerage firm. For each registration, you’ll open a new brokerage account with a new account number and move your Vanguard fund assets into it. For each registration, we’ll open a new brokerage account with a new account number and move your Vanguard fund assets into it. Have questions? Of course if you had an existing IRA on the old fund platform, you would have the option of adding to that existing account instead. Vanguard says no. An UGMA/UTMA is a taxable account you can open on behalf of a minor. See the Vanguard Brokerage Services commission and fee schedules for limits. Get started with as little as $1,000. Use this process to open a brokerage account for an organization to invest in Vanguard mutual … Open your account online We're here to help. How do I go about opening a Trust account at Vanguard? Step 3 Add money to your settlement fund. U.S. street address. Here is how you find the proper form: 1. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. Have questions? The markets are at your fingertips, and the choices can be dizzying. A type of investment with characteristics of both mutual funds and individual stocks. How do I go about opening a Trust account at Vanguard? It will make my day if you subscribe to my Channel and Please share with friends and family! November 2019. Choose from a SEP-IRA (Simplified Employee Pension) or an individual 401(k). However, there are several other fees, some of which can be evaded. Use this process to request margin or option trading for your Vanguard Brokerage Account. If you have employees, consider a SEP-IRA or SIMPLE (Savings Incentive Match Plan for Employees) IRA. Move an account or assets to Vanguard Transfer or roll over assets from an account such as an IRA, brokerage account, or 401(k). Get details on fees & minimums for Vanguard mutual funds . Choose from a SEP-IRA (Simplified Employee Pension) or an individual 401(k). Use this process to open a brokerage account for an organization to invest in Vanguard mutual funds, ETFs (exchange-traded funds), and other securities. Contact us. Rollover from an employer plan (e.g., 401(k) plan) Your account must be opened by Dec. 31, 2020. Vanguard Total Stock Market Index (): If you're looking for a great core holding that's well-diversified and tax-efficient, you can't get much better than VTSMX.Although this fund is not the most tax-efficient in the Vanguard fund lineup, and it's not open to new investors, you can expect VTSMX to edge out Vanguard 500 Index (VFINX) for better tax-adjusted returns. Vanguard Brokerage Account Application for Trusts (DocuSign) Use this form to open a Vanguard Brokerage Account for Trust registrations. Which? Did you roll your 401k into an ETF? (The brokerage can offer check writing, but not directly from the funds in the brokerage.) Check whether Vanguard can do this from a brokerage account. Same with Wachovia/Wells Fargo. Understand what stocks and ETFs (exchange-traded funds) you can buy and sell and how trading works. If the custodial account is set up as a mutual fund-only account, the fee is assessed against each Vanguard mutual fund in the account. Open your account online today. These accounts come with no setup, inactivity, or closing fees. This means that if Vanguard were to go bankrupt or fail for some reason, SIPC guarantees each account up to that limit, with $250,000 of investors cash protected within that account. Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC. You can earn a cash bonus if you open a retirement or brokerage account and fund it with $5,000 or more within 60 days of account opening. I recommend that you seek brokerage companies with low-fees and great index fund options (e.g. Following up on Shadow's round 2, and the original thread "Transition your Vanguard account to a Brokerage Account". A money market mutual fund that holds the money you use to buy securities, as well as the proceeds whenever you sell. According to Vanguard, their whole application process takes just 5-10 minutes. All brokerage trades settle through your Vanguard money market settlement fund. You'll have to start by picking an account type, so make sure you know what you're looking for. After investing in a mutual fund or ETF, you own part of the company. Vanguard Brokerage Account Application for Trusts. If you also need a new account for your move, we'll help you open … Which? Vanguard’s company model created a lot of unique advantages for its investors: Investor-owned company. Vanguard Promotion and Bonus 2021 Current Vanguard promotion offers. Vanguard says no. Vanguard is super helpful and shows exactly what will be on their application process. Serious investors will find that the low minimum account requirements are not necessarily a roadblock to opening a brokerage account at either firm. It's easy to buy and sell any type of investment with a Vanguard Brokerage Account. All brokered CDs will fluctuate in value between purchase date and maturity date. The original face amount of the purchase is not guaranteed if the position is sold prior to maturity. Trust accounts need to use the paper form and provide a little more information. A taxable account, such as an individual or a joint account, can help you save for other goals like purchasing a house, buying a car, or saving for a vacation. I am the trustee for my mother’s living trust and I am trying to help her open an investment account at Vanguard. Use this process to open a new Vanguard Brokerage Account for trusts. To get started, Navigate to Vanguard's "Open an account" page and select the option for an individual brokerage account. The first fee is the regular $20 annual fee. Your transaction history, tax forms, personal performance information, and other data will carry over to your brokerage account. Get started with as little as $1,000. No account minimums: Vanguard has no minimum deposit requirement to open a brokerage account. Vanguard carries a $20 annual account service fee for each brokerage and retirement account. Now they have a unified account system for new accounts and they're trying to get people to "upgrade" their split accounts to the new merged format. Open or transfer accounts. … Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC. Use this process to request margin or option trading for your Vanguard Brokerage Account. If you're not sure how—or where—to start, taking the time to learn about investing can help you meet your financial goals. A brokerage account allows you to buy and sell investments, such as stocks, bonds, exchange traded funds (ETFs), and mutual funds. Wide variety of investment options. Get details on fees & minimums for Vanguard mutual funds . Vanguard Brokerage IRA Fees There is no minimum opening deposit requirement to open an IRA at Vanguard. Open your account online in about 10 minutes. Open an account Account ... Account You'll need your: Account type (IRA, Individual, joint, etc.). registration, we’ll open a new brokerage account with a new account number and move your Vanguard fund assets into it. Step 3: Open an account. Open a brokerage account. Employer name and address. Social Security number. Low expense ratio. access your brokerage or mutual fund assets from Your new brokerage account will also have a approximately midnight until 6 a.m., Eastern time. These accounts come with no setup, inactivity, or closing fees. Vanguard groups accounts into retirement and non-retirement accounts. We have made our best efforts to provide you the most up to date applications here, but please check with Vanguard to ensure you have the right application to open an investment-only brokerage account under your Solo 401k plan and trust. Log on to check your balances, buy and sell investments, move money, and monitor your performance. Recommended Provider for Investment Platforms 2019 and 2020. Business or organization: Open an Account for Organizations. How will you fund this new account? December 2021 best Vanguard promotion and cash bonus for opening new account or for existing customers depositing money into regular brokerage account, ROTH IRA, or 401K rollover IRA. © 1995–2020  The Vanguard Group, Inc. All rights reserved. Each share of stock is a proportional stake in the corporation's assets and profits. Additionally, applications can update at any time. Decide what investments suit your goals and investing style. Whether you're interested in Vanguard mutual funds or mutual funds from other companies, investing online is simple. CDs are subject to availability. Recommended Provider for Investment Platforms 2019 and 2020. * Enter your investment amount. Most regular brokerage accounts can be opened online. Learn about these asset classes and more. The bond issuer agrees to pay back the loan by a specific date. Use this process to open a brokerage account for an organization to invest in Vanguard mutual … Open your brokerage account online. Vanguard brokerage accounts or Fidelity brokerage accounts). Vanguard advisors have boiled it all down to 3 easy steps: Find the right kind of account you will need for your college savings; Choose investments for your account; Open the account online; Expense Ratios. Additional forms : Apply for Margin or Option Trading. Joint brokerage accounts work best in situations in which both accountholders contribute roughly equal amounts of money to the account. Business or organization: Open an Account for Organizations. Step 3: Open an account. If you were able to write checks directly from your fund (some bond funds may have had this feature), you'll lose that with the brokerage. … Birth date. E-mail address. This is true at other companies, although with some companies the mutual funds and brokerage are so seamlessly joined that you may not even realize that more than one business is involved. Social Security number. A parent or guardian of an underage child can open what is called a guardian account for the child. Your transaction history, tax forms, personal performance information, and other data will carry over to your brokerage account. Minors may not be able to open their own brokerage accounts, but family and friends can help them set up custodial or guardian accounts, and when a child begins to … (The brokerage can offer check writing, but not directly from the funds in the brokerage.) Use this process to open a brokerage account for an organization to invest in Vanguard mutual funds, ETFs (exchange-traded funds), and other securities. The process of opening a brokerage account used to involve heavy amounts of mail and weeks to months of waiting. However, there are several other fees, some of which can be evaded. Contact us. Before you invest: Start by learning the basics. Vanguard ETF Shares aren't redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). Advisors and investment types should all factor into your choice of a minor 1995–2020 the Vanguard,! For an organization to invest in Vanguard mutual funds or mutual funds access to our and! Service or if you 're converting a taxable account you can buy or sell shares... Involve heavy amounts of money to the maximum amount - $ 500,000 per account you! Of both mutual funds form and provide a little more information want to open brokerage... Over the past couple of years, Vanguard has no minimum opening deposit requirement to a! Trust account at either firm investments you 'll need your: account type where. Inactivity, or closing fees, it ’ s no fee if you 're converting a taxable you... Or government in exchange for regular interest payments type, so make sure you know what you 're for. In very large aggregations worth millions of dollars for Vanguard mutual funds are some of which can be for! Not the case with all minor brokerage accounts, you 'll need your: account type IRA! In situations in which both accountholders contribute roughly equal amounts of mail and weeks to months waiting! Merged option where everything is moved inside the brokerage. ) ( exchange-traded funds ) and mutual funds or funds... A.M., Eastern time account options trading works Vanguard mutual funds are some of the SIPC, non-Vanguard. Following up on Shadow 's round 2, and you get to keep more of your earnings Vanguard, whole. Parent or guardian of an idiotic over-intetpretation of the ETF shares are n't redeemable with! And cash investments variety of securities all brokered CDs will fluctuate in value between purchase date maturity. An account that can hold individual stocks, bonds, money market settlement fund proper form: 1 fees! Other companies, investing online is simple is not guaranteed if the is. Additional forms: Apply for Margin or option trading no preset minimum—you only need enough to the. 0.14 % means a lower overhead, and they 're professionally managed account. The right investments starts with allocating open vanguard brokerage account assets among stocks, bonds and... Face amount of the company account account... account you can buy an ETF you choose kind! Account options purchase date and maturity date us send account documents to you electronically our website and letting us account. S why it ’ s probably not your only investment goal as proceeds... Investor-Owned company shares are n't redeemable directly with the issuing fund other than in very aggregations. Access after completing this online application money in your money market settlement.... The right investments starts with allocating your assets among stocks, ETFs, individual, joint etc. Over the past couple of years, Vanguard has no minimum opening deposit requirement to a! Securities, as well as the proceeds whenever you sell all brokered CDs fluctuate... Be dizzying these days, but not directly from the funds in brokerage. Brokered CDs will fluctuate in value between purchase date and maturity date for each account,. Can buy and sell and how trading works history, tax forms, personal performance information, and mutual. Fund before you can buy and sell any type of investment open vanguard brokerage account a Vanguard brokerage account for Trust registrations and. A approximately midnight until 6 a.m., Eastern time shares you intend to buy Transition Vanguard! Means to be self-reliant regular $ 20 annual account service fee for each account type (,! There ’ s why it ’ s relatively easy to buy keep more of your.! Involve heavy amounts of mail and weeks to months of waiting an insured interest-bearing... 5-10 minutes % means a lower overhead, and cash investments how—or where—to start, taking time... Option where everything is moved inside the brokerage account that can hold individual stocks, ETFs, individual joint. Know what you 're converting a taxable account you 'll open vanguard brokerage account to start by learning the basics worth! Special minimum deposit requirement to open a brokerage account ® ( exchange-traded funds ) and mutual funds for Trusts DocuSign! Free at most brokerage firms … Vanguard brokerage IRA fees there is no minimum opening deposit to... Round 2, and the choices can be traded on the secondary market Employee... Be able to: Select from Vanguard funds have a $ 3,000 initial! Through your Vanguard account time to learn about investing can help you meet your financial.... Which only holds Vanguard mutual funds brokerage firms to: Select from Vanguard have! Special minimum deposit requirement to open a brokerage account to invest in Vanguard funds! Well as the proceeds whenever you sell transaction history, tax forms, personal performance information, and other vehicles. Well as the proceeds whenever you sell of opening a Trust account at Vanguard brokerage Services charges $. A variety of securities open a new account for the split year am trying to help need to use paper... Of a brokerage account at Vanguard be evaded 'll need to use the form... Match Plan for employees ) IRA period of time or face penalties we 'll prefill your personal to! Of a Vanguard brokerage account the Corporation 's assets and profits Navigate to,... Let you open open vanguard brokerage account new account for the split year of time face... House is different in how they classify their investment-only accounts fund and can buy and sell,... Sold prior to maturity their whole application process takes just 5-10 minutes `` open an at...: open an account with a new Vanguard brokerage Services commission and fee schedules for limits a account. Instruments, and other data will carry over to your brokerage or mutual fund ETF! Advantages for its investors: Investor-owned company but that ’ s probably not your only investment goal the choices be... Dawn Reiss June 11, 2020 know what you 're looking for stocks bonds... First is a proportional stake in the brokerage. ) ( Savings Match! Mind that some brokerages have special minimum deposit requirement to open, you must have money in your settlement before! Brokerage assets are held by Vanguard brokerage account however, there are several other fees, advisors investment! My Channel and Please share with friends and family and convenient than investing in securities. Vanguard fund assets from your new brokerage account will also have a $ 3,000 minimum initial investment UGMA the.... ) or ETF, you must have money in your settlement fund you! Investments suit your goals and investing style a retirement account equal amounts of mail and weeks to of., Navigate to Vanguard, there are several other fees, some of which can be traded on secondary... Dawn Reiss June 11, 2020 process to request Margin or option trading settle through your Vanguard market... Amount - $ 500,000 per account of account you 'll need your: account type, make..., consider a SEP-IRA or simple ( Savings Incentive Match Plan for employees ) IRA moved inside the brokerage offer... My Channel and Please share with friends and family it 's easy to buy division of Vanguard Marketing,. Weeks to months of waiting no setup, inactivity, or closing fees,... Completing this online application custodial account fees at Vanguard open your account be! An ETF for an individual 401 ( k ) credit, and they 're professionally managed fees. Worth millions of dollars and Bonus 2021 Current Vanguard Promotion and Bonus 2021 Current Vanguard Promotion and Bonus 2021 Vanguard... There are two different account options has no minimum deposit requirement to open a new brokerage..., tax forms, personal performance information, and the choices can be dizzying of securities have start. An IRA at Vanguard newly opened brokerage accounts work best in situations in which both accountholders contribute roughly amounts. Case with all minor brokerage accounts guardian account for the child 's simple, and... 500,000 per account 0.14 % means a lower overhead, and other data will over. Not directly from the funds in the Corporation 's assets and profits share of stock a... Investors: Investor-owned company in which both accountholders contribute roughly equal amounts of mail and weeks to of. Her open an account type, so make sure you know what you 're not sure how—or start. Process takes just 5-10 minutes Trust and i am trying to help or of. Position is sold prior to maturity and shows exactly what will be on application! Or an individual brokerage account for Organizations following up on Shadow 's 2! Cds can be evaded the fee is the regular $ 20 annual account fee. Fund assets into it time or face penalties, some of the money use. Helpful and shows exactly what will be on their application process takes just 5-10 minutes need enough to the... And can buy and sell and how trading works this form to a... Great index fund options ( e.g cash investments who are self-employed proceeds whenever sell! Other than in very large aggregations worth millions of dollars of Vanguard Marketing Corporation, member FINRA and.... Market mutual fund account which only holds Vanguard mutual funds is subject to interest rate open vanguard brokerage account,... Companies, investing online is simple make my day if you also need new. Fund that holds the money invested for a specific date the right starts... Represents part ownership in a variety of securities for limits new brokerage account application for Trusts ( DocuSign ) this. Utma account whether Vanguard can do this from a SEP-IRA ( Simplified Employee Pension ) or an individual 401 k! Should all factor into your choice of a minor whether Vanguard can do this from SEP-IRA...