The Vanguard Group
A major provider of mutual funds and exchange-traded funds (ETFs), offering brokerage services, and financial planning.
The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania, with about $7.7 trillion in global assets under management, as of April 30, 2023. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock. In addition to mutual funds and ETFs, Vanguard offers brokerage services, educational account services, financial planning, asset management, and trust services.
The company is owned by its funds, which in turn are owned by the company's customers. This unique structure allows Vanguard to offer low-cost investment products and services. The company serves a wide range of clients, including individual investors, institutional investors, and financial professionals. Vanguard's business model is built on the principle of putting investors first, which is reflected in its low-cost investment products and its commitment to transparency and education.
Keywords: investment management, mutual funds, ETFs, brokerage services, financial planning, asset management, retirement planning, low-cost investing, index funds, financial services