Vanguard is fulfilling Salim Ramji’s May 1 promised renewal of ‘Flagship’ platinum tier service after it eroded, and he’s willing to count non-Vanguard funds against the $1-million minimum for the first time

In 1998, Flagship launched with a $1 million minimum; today, $1 million is the equivalent of $2,085,024.75, adjusted for inflation. But the $1 million minimum still stands, plus investors can now count non-Vanguard funds held at the firm, a big concession in Vanguard’s purist culture.