[allus70]

Any Bogleheads out there ever use Vanguard Asset Management Services? Essentially you hire a Vanguard Certified Financial Adviser to set up a diversified asset allocation plan based on goals, risk tolerance and the time frame as to when you will begin your drawdown.
The fee is $4500 a year or .7% of assets under management per year...which ever is higher. A minimum of $500,000 to be put under management is required to qualify.
My feelings are that yes, it is a relatively high fee, but, that fee coupled with the fact that you are buying Admiral Shares @ .21%, and together add up to .9%, as opposed to many funds that charge 1.2% right from the get go.
Another consideration is that good advise is well worth it's cost when you consider what a mistake might cost.
Any comments or experiences with VAMS?