Vanguard Reviews & Complaints: Scam or Reputable?

Vanguard
Google: N/a
BBB: 1.14/5 F
Trustpilot: N/a

Vanguard is an investment management company specializing in precious metals and mining. Located in Malvern, Pennsylvania, the firm offers long-term equity investment strategies. Vanguard has an average rating of 2/5 on Focus on the User.

The company, established in 1975, primarily manages the Vanguard Precious Metals & Mining Fund (VGPMX), which debuted in May 1984. This fund concentrates on gold, silver, and other precious metals, with assets amounting to approximately $1.5 billion and a net income ratio of 3.28%. The fund mandates a minimum investment of $3,000. The pros and cons of Vanguard include its long-standing market presence and specialized focus, balanced against a modest user rating.

Jump To:

Featured Reviews

Top Review

Featured
Barbara O
5 stars
USA

"Vanguard outperforms Fidelity in every way. Have had scandalously bad customer service from Fidelity. Vanguard's web site is far superior, as are the customer..."

Read Reviews

Top Complaint

Featured
Vicente C
1 star
USA

"Beware of this company they will treat you like your idiot just to try and keep your money give you the run around make you send them the same forms over and over my daughter..."

Read Complaints

What is Vanguard?

Vanguard Group Inc. is a globally recognized investment management company founded in 1975. The organization excels in offering low-cost, tax-advantaged investment solutions, helping investors grow their savings. A significant part of its portfolio is the Vanguard Precious Metals & Mining Fund (VGPMX), established on May 23, 1984. VGPMX emphasizes long-term capital appreciation, primarily investing in equity securities of companies engaged in the exploration, mining, or processing of gold and other precious metals. The fund's assets have reached around $1.36 billion, indicating its substantial impact in the sector. Vanguard's approach, focusing on precious metals, positions it uniquely in the investment landscape.

Vanguard Ratings

Vanguard Reputation

Focus on the User Review
Focus on the User
2/5 stars
65 reviews (Aggregated)
Google Reviews
Google Reviews
N/a stars
N/a reviews
BBB Reviews
BBB
1.14/5 stars F
65 reviews
Trustpilot Reviews
Trustpilot
N/a stars
N/a reviews

Exclusive Offer: FREE Coin When Opening Gold IRA

FotU Coin
Vanguard Reviews

Top Vanguard Reviews

5 starsFeatured

"Vanguard outperforms Fidelity in every way. Have had scandalously bad customer service from Fidelity. Vanguard's web site is far superior, as are the customer service personnel who answer their phones. Highly recommend."

BBB Review
Barbara O
USA
5 stars
5 starsFeatured

"Great place that seems to really have a handle on things. I do trust them with my retirement."

BBB Review
Abigail O
USA
5 stars
Vanguard Complaints

Worst Vanguard Complaints

1 starFeatured

"Beware of this company they will treat you like your idiot just to try and keep your money give you the run around make you send them the same forms over and over my daughter passed so was trying to withdraw her 401k sent them all the paperwork they wanted and the only thing they sent is where they enrolled me with her money when I called and told them that’s not what they was supposed to do I did not ask them to do that now they took half her money for fees to withdraw it they will do anything to keep the money this is a bad business and still waiting on check they should be investigated."

BBB Review
Vicente C
USA
1 star
1 starFeatured

"My biggest mistake was going with vanguard brokerage. Thought I try to get a better return, I did not! After telling the invest manager exactly what I wanted, he proceeded to do what they felt I wanted. In the last two years I’ve lost 6% of my investments. After looking through other vanguard funds it looked like my manager pick just the ones that lost money. I’m willing to ride for a short time, mainly because the hassle I’m expecting to get when I leave."

BBB Review
Dennis C
USA
1 star
1 starFeatured

"I’ve only ever dealt with Fidelity and Schwab through previous employers and have always been pleased with customer service.Vanguard is the complete opposite. Customer service is not knowledgeable and there were login issues with the website. Makes me very concerned to have my 401k there."

BBB Review
MJ M
USA
1 star
1 starFeatured

"This company refuses to let me cancel my 401k won't give me any real options and is telling me that's it's according to what they call law it's impossible for me to stop participating in a 401k and just pay the fines and early penalty and just cash out what little I have left .. I just want to get away from this company and use my money for what I really need it for ... 18 years vested"

BBB Review
Ryan B
USA
1 star

Is Vanguard a Scam?

Vanguard is not a scam. It is a reputable investment management company with a history dating back to 1975. The company's VGPMX fund, established in 1984, has accumulated significant assets, underscoring its legitimacy. Despite a modest rating of 2/5 on Focus on the User, its long-term presence in the market affirms its credibility.

Vanguard Pros and Cons

Pros

  • Long-standing Reputation: Founded in 1975, Vanguard has a solid history in investment management, offering reliability and experience.
  • Specialized Focus: The company's concentration on precious metals and mining provides specialized investment opportunities in these sectors.

Cons

  • Modest User Rating: Vanguard holds an average rating of 2/5 on Focus on the User, suggesting mixed customer experiences.
  • Limited Diversification: The firm's focus on precious metals may limit diversification options for investors.

Vanguard Services and Products

Vanguard offers a range of services and products, primarily centered around the Vanguard Precious Metals & Mining Fund (VGPMX). This mutual fund invests in a variety of stocks from gold, silver, and other precious metals, aiming for long-term capital appreciation.

Vanguard FAQ

Is Vanguard a reputable company?

Yes, Vanguard is a reputable company with decades of experience in investment management.

How long has Vanguard been in business?

Vanguard was founded in 1975.

How does Vanguard work?

Vanguard offers investment services, particularly in precious metals and mining, focusing on long-term capital growth.

Before Investing With Vanguard

Consider obtaining before investing in precious metals. This guide can aid in making informed decisions for optimal investment outcomes.

Vanguard Homepage

Contact Vanguard

  • Phone: 877-662-7447
  • Address: 100 Vanguard Boulevard Malvern, PA 19355-2000 USA
  • Founded: 1975
  • Alternate Name: Vanguard.com
  • Category: Precious Metals Investment Company
Social Media
Vanguard Address

Vanguard Alternatives

ITM Trading Review

ITM Trading | 4.9/5 Rating

ITM Trading specializes in gold and silver products, offering personalized strategies for wealth protection through precious metals, along with educational resources for investors.
Swiss America Trading Corporation Review

Swiss America Trading Corporation | 4.8/5 Rating

Swiss America Trading Corporation focuses on helping clients diversify their portfolios with precious metals, particularly gold and silver, and provides market insights and investment advice.
Blanchard and Company Review

Blanchard and Company | 4.8/5 Rating

Blanchard and Company is a leading dealer in precious metals and rare coins, known for its comprehensive investment services including portfolio management and market analysis.
Fidelitrade Review

Fidelitrade | 4.7/5 Rating

Fidelitrade offers a range of services including buying, selling, and storage of precious metals, catering to individual investors and institutional clients with a focus on secure transactions.
Goldline Review

Goldline | 4.6/5 Rating

Goldline is a prominent dealer in gold and silver coins and bars, offering a variety of investment products along with comprehensive customer support and educational resources.
Cornerstone Bullion Review

Cornerstone Bullion | 4/5 Rating

Cornerstone Bullion specializes in gold and silver bullion, providing personalized service to investors looking to hedge against economic uncertainty with precious metals.
McAlvany Precious Metals Review

McAlvany Precious Metals | 4/5 Rating

McAlvany Precious Metals offers a variety of gold, silver, platinum, and palladium products, and is known for its expertise in building precious metals portfolios and wealth protection strategies.
Monex Review

Monex | 4/5 Rating

Monex is a well-established dealer in precious metals, offering a wide range of gold, silver, platinum, and palladium products, along with market analysis and investment services.
Investment Rarities Inc Review

Investment Rarities Inc | 3.5/5 Rating

Investment Rarities Inc focuses on silver and gold investment options, providing a wealth of knowledge and services for building and managing a precious metals portfolio.
BullionVault Review

BullionVault | 3.5/5 Rating

BullionVault offers an online platform for buying, selling, and storing gold and silver, known for its low-cost trading options and secure vault storage in multiple locations.
Kitco Review

Kitco | 3.3/5 Rating

Kitco is a leader in the precious metals industry, offering a wide array of gold, silver, platinum, palladium products, and market news, along with metal refining services.
USAGOLD Review

USAGOLD | 3/5 Rating

USAGOLD is a traditional, full-service bullion dealer, specializing in modern and historic gold and silver coins and bullion for private investors.
SchiffGold Review

SchiffGold | 3/5 Rating

SchiffGold focuses on gold and silver investments, offering brokerage services and market analysis, and is known for its educational approach to helping clients understand the precious metals market.
Goldmoney Review

Goldmoney | 2/5 Rating

Goldmoney provides a platform for buying, selling, and storing precious metals, and offers additional services such as metal-backed financial products and a gold-based payment network.
Schwab Precious Metals Review

Schwab Precious Metals | 1.6/5 Rating

Schwab Precious Metals allows investors to trade in precious metals and related ETFs, providing a range of investment options within the precious metals sector.
Fidelity Investments Review

Fidelity Investments | 1.4/5 Rating

Fidelity Investments offers various investment options in the precious metals sector, including mutual funds and ETFs, for investors seeking to diversify their portfolios with gold, silver, and other metals.


Discover How to Effortlessly Rollover Gold Into Your IRA

Our free eBook covers everything you need to know before you start diverisfying your retirement with precious metals like gold or silver.

Was this resource helpful? Share it with your friends!

Disclaimer: Content on this website is not intended to be used as financial advice. It is not to be used as a recommendation to buy, sell, or trade an asset that requires a licensed broker. Consult a financial advisor.

Speak With An Expert, Learn More About Diversifying IRA With Gold