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tjsmf View Drop Down
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    Posted: Jun/16/2020 at 5:16pm
Hello - My name is Thad and I'm a fee-only independent investment advisor (state-registered).  I started my own firm in 2007 and have an investment philosophy primarily favoring passive-style (index) investing.  Up until now, I have used Vanguard primarily as the custodian for my clients to keep costs low.  But, I do want to learn about other possible custodian/platform options (Schwab, TD Ameritrade, others?), keeping a wary eye open on costs, to keep them low for clients.

If anyone has any suggestions, I'm appreciative.  And, I will certainly check out the relevant sections of this forum once I have permission.
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luvindy View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote luvindy Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 5:54pm
In first bitches.
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,322
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Wet_Blanket View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wet_Blanket Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 6:07pm
Wwlcome
September 23, 2020

Moraen: Book it. Trump wins by a huge margin.
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B24 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 6:47pm
I thought Vanguard had abandoned their custodial platform for advisors.
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18
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Iamlegend View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Iamlegend Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 7:19pm
Originally posted by B24 B24 wrote:

I thought Vanguard had abandoned their custodial platform for advisors.

He probably isn’t taking custody. Perhaps just doing it with a third party authorization.
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helado View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote helado Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 8:08pm
Hi Thad,

Welcome to the board.  Interested in how you are using Vanguard as a custodian as well.  

I follow your philosophy on indexing, and I've found that at several custodians you can keep costs as low as Vanguard, or even sometimes a little lower.

Schwab:  You can use any ETF you want, including Vanguard, with no transaction fees.
Fidelity:  Any ETFs you want, as well as Fidelity Index Funds, with no transaction fees.
Pershing:  State Street ETFs, with no transaction fees (and some index funds as well, though not Vanguard).
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.
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missionshooter View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote missionshooter Quote  Post ReplyReply Direct Link To This Post Posted: Jun/16/2020 at 8:23pm
I like the name Thad.
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Moraen View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Jun/17/2020 at 8:28am
This is an active management only forum.
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo
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Hacksaw View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Hacksaw Quote  Post ReplyReply Direct Link To This Post Posted: Jun/17/2020 at 9:23am
What are your thoughts on:

The current president

Race relations

Corona

Black/All Lives Matter

That’s all we really talk about around here.
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B24 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote B24 Quote  Post ReplyReply Direct Link To This Post Posted: Jun/17/2020 at 9:29am
Originally posted by Hacksaw Hacksaw wrote:

What are your thoughts on:

The current president

Race relations

Corona

Black/All Lives Matter

That’s all we really talk about around here.

And every 6 months we have a good Windy/CLAB/Mathproblem/Linescreamer tirade when he comes back with a new screen name.
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18
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