Vanguard Group Review

2.3/5 - (3 votes)

This is an archive of a consumer complaint published against Vanguard Group at


Business Details –

  • Name: Vanguard Group
  • Address: North Northsight Boulevard
  • City: Scottsdale
  • State: AZ
  • Phone: (877) 320-3099
  • Website:
  • Reported Loss: 100 $
  • Severity of Scam: High


Original Complaint against Vanguard Group published at says, verbatim –


This is a true example of Vanguard Group Math. If you invest $190,000 divided by $57.72 per share=3291.7530 Shares X $57.72 per share = $189999.98 would be your starting balance. That’s how Vanguard cheats people everyday.Think about it 2 Cents X 1,000,000 transactions= $20,000 ill gotten gains for Vanguard.This math representation is based on a recent calculation Vanguard did when I made a recent transaction in my account.When I questioned it they said it was called “rounding”. I call it cheating me out of 2 Cents. If they are doing this kind of thing to me they are probably doing it to you.How fair, and in your best interest is that? You may say “Hey it’s only 2 Cents.”Well, if thats the case why didn’t Vanguard Round Up. How could I possible lose money on a purchase before any market activity took place? I lost 2 Cents because of Vanguard Math.Vanguard John Bogle would be ashamed of the company you have become. How much are you loosing with Vanguard?


Vanguard Group

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