Securities in your brokerage account are held in custody by Vanguard Brokerage, a division of Vanguard Marketing Corporation (VMC). VMC is a member of SIPC, which protects securities customers of its members up toR$500,000 (includingR$250,000 for claims for cash).

Vanguard is well known for being a leader in low-cost funds, but its brokerage offering may also be a good fit for long-term investors. You'll have access to thousands of commission-free ETFs and no-transaction-fee mutual funds, allowing more of the return to end up in your pocket.