How much money does the Vanguard Group have?

How much money does the Vanguard Group have?

$5.3 trillion (September 30, 2018) Number of employees. The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with over $5.3 trillion in assets under management. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock’s iShares.

What is trustedtrusted advice Vanguard?

Trusted advice. Vanguard’s mission is to help investors reach their goals, and that means access to advice that works for you. Whether through our own advisory services or supporting financial advisors, we stand firm in our belief that all investors deserve advice that can be trusted and puts your interests first.

What is Vanguard’s investing philosophy?

Investor-first focus. Low costs, a long-term orientation, and focus on your goals are at the core of Vanguard’s investing philosophy, and not just because they sound good. They’re essential to our approach because they’re essential to the thing that really matters to you: the opportunity for investment success.

Who is the owner of valuevanguard?

Vanguard isn’t owned by shareholders. It’s owned by the people who invest in our funds.* As an owner you have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help you build a future for those you love.

What is the oldest Vanguard fund?

VANGUARD FACT Vanguard’s oldest fund, Wellington Fund, opened for business July 1, 1929.

What is the vanguard extended market index fund?

In December 1987, Vanguard launched its third fund, the Vanguard Extended Market Index Fund, an index fund of the entire stock market, excluding the S&P 500. Over the next five years, other funds were launched, including a small cap index fund, an international stock index fund, and a total stock market index fund.

Why is it called Vanguard and not Wellington Funds?

Bogle chose this name after a dealer in antique prints left him a book about Great Britain’s naval achievements that featured HMS Vanguard. Wellington executives initially resisted the name, but narrowly approved it after Bogle mentioned that Vanguard funds would be listed alphabetically next to Wellington funds.