Vanguard Group Inc.

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Vanguard Group Inc.
Vanguardlogo.gif
Founded May 1, 1975
Headquarters Valley Forge, Pennsylvania
Products Investment Management Company
Releases Company News

Vanguard is one of the world's largest investment management companies.[1] and the largest mutual-fund company in the U.S.

In September 2014 the firm surpassed $3 trillion in assets under management.[2]

History

Founder John C. Bogle created Vanguard Group Inc. in 1975 under a very different company philosophy: The mutual fund owns the management company and shareholders pay only operation costs for the fund. The Vanguard Index 500 Fund opened a year later with $11 million in assets. In 1982, Vanguard began offering retirement planning services and in 1990, the company went international. In 1998, the company began offering tax-advantaged 529 college-savings plans.

F. William McNabb III was appointed CEO in 2008 and chairman of the board in 2010.

Products and Services

Personal Investors

  • Mutual funds, exchange-traded funds (ETFs), individual stocks and bonds, and access to non-Vanguard funds
  • Flagship® and Voyager® Services
  • Advice and financial planning services
  • Retirement planning
  • College savings options, including 529 plans.

Institutional Investors

  • Investment management
  • Comprehensive advisory services
  • Administrative and recordkeeping services
  • Retirement plan consulting
  • Education
  • Research and commentary

Financial Advisors

  • ETFs and mutual funds
  • Fund managers
  • Investment education
  • Research and commentary[3]

Key People

References

  1. Who We Are. Vanguard.
  2. Vanguard’s $3 Trillion Man. The Wall Street Journal.
  3. What We Offer. Vanguard.