How to Delete Your Vanguard Brokerage Account
People sign up for Vanguard Investments, a global investment firm that helps clients with various investing strategies. You can cancel your Vanguard account following these steps. However, you should be aware of some of the issues you might run into in learning .
Inactive online accounts are risk factors that compromise your data security. Old accounts are especially prone to data breaches and information theft because they aren't monitored. Deleting online accounts that you no longer need is one of the best ways to protect your data and keep you safe from data leaks.
Aside from deleting your Vanguard account, we can also assist you in removing your accounts in:
What You Will Need to Cancel Your Vanguard Account
- You'll need to have your login information to figure out .
- You'll need to have funds to pay closure fees for certain types of investment accounts:
- Motif Investing: $95
- Ally Invest: $25
- You'll need to liquidate your assets from the account.
- You'll need time to go through the process.
Issues You Might Run Into When Closing Your Vanguard Account
- Of course, if you can't recall your login credentials, you'll need to request assistance. To do so, visit here and enter your first and last names, last four digits of your social security card, date of birth, and zip code. Alternatively, you can use DoNotPay's password recovery service to do it for you.
- Communication with Vanguard's customer support can be challenging, so you'll need to ensure you have enough time to wait for responses, which sometimes take quite a while.
- When closing your account, you'll have to wait for any funds to transfer out for quite a while. Some users claim they receive their transfers within a couple of weeks, while others complain it takes months, with no explanation. Vanguard has a minimum holding period of "no more than two months" for most funds, while others have longer requirements.
- Before closing your account, ensure you cancel any automatic deposits or withdrawals you have linked to your account.
Mutual Fund Only accounts cannot be closed online but will be automatically closed if left idle for 12 to 18 months.
How to Close Your Vanguard Brokerage Account by Yourself
The process of deleting your Vanguard account is pretty straightforward, as long as you have all of your information.
- Log into your Vanguard account.
- Click "Secure Messages" on the left side.
- Send a message indicating you wish to close your account.
Be sure to keep records of your messages and information when an issue comes up.
How to Close Your Vanguard Brokerage Account Without Your Password
You'll have to contact Vanguard's customer support with your name, account number, date of birth, and social security number. It is impossible to close your Vanguard account without your login credentials online, as you need to be logged in to close it.
How to Close Your Account When Banned
Vanguard Investments has trading policies that, when violated, will result in restrictions on your account. If your Vanguard account has been blocked, you will need to reach out to their customer support with all of your information. You can have DoNotPay handle it for you with their Unban My Account service to appeal the ban.
How to Contact Vanguard Customer Service
There are five different ways to contact Vanguard customer service, depending on the type of account you have, in the event you're unable to find a solution through their online support center.
Personal Investors | 877-662-7447 |
Retirement Plan Participants | 800-523-1188 |
Institutional Investors | 800-523-1036 or 888-888-7064 if calling on behalf of a nonprofit organization |
Financial Advisors | 800-997-2798 |
Global Investors | You'll have to choose the region where you conduct your investing, to get the correct contact number. |
How DoNotPay Helps You Delete Your Vanguard Account
DoNotPay is a fast, secure, and easy way to delete your Vanguard account. In just seven steps, you can have your account deleted with no fuss:
- Go to Delete Old Accounts product on DoNotPay.
- Select the type of account you are trying to delete, such as email, streaming service, social media, gaming, eCommerce, and more.
- Tell us more about your account, including usernames and associated emails / phone numbers.
- Help us verify your account ownership by entering the date you first created the account, when you last logged in, any payment methods saved under the account, etc.
- Upload photographic evidence if you have any that can help prove your account ownership.
- Enter any last known or previously used passwords.
- Enter your contact information and submit the task!
To learn more about DoNotPay's account deletion service, visit here.
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