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Vanguard was founded in 1975 by John C. Bogle under a unique, investor-owned structure. Unlike other investment management companies, Vanguard is owned by the Vanguard funds, which in turn are owned by the funds’ investors. Under typical arrangements, mutual funds are products of a management company and serve two constituents—fund owners and company owners.
Today, Vanguard is one of the world's most respected investment management companies, offering investments, advice and retirement services, and insights to more than 30 million clients*. Vanguard, which is based in Malvern, Pennsylvania, has offices worldwide and manages more than $7 trillion* on behalf of individual investors, institutions, and financial professionals. Vanguard’s growth has been organic and solely a result of an investment philosophy and value proposition resonating deeply with investors.
Recognizing that investors have diverse investment needs, Vanguard has developed a broad and carefully defined roster of investment portfolios. Each portfolio is managed for specific objectives, follows tightly prescribed strategies, and adheres to well-articulated policies. Vanguard’s in-house investment professionals oversee an array of index and actively managed portfolios, and distinguished external managers are retained for specific active mandates.
Vanguard’s advice services adhere to a time-tested investment approach of balance, diversification, discipline, and a long-term orientation. This approach, in concert with low-cost funds and ETFs, is designed to provide the potential for superior investment outcomes. Vanguard also seeks to provide its clients with a world-class experience that exceeds their expectations and inspires their loyalty.
A crew of more than 17,000* serves clients with dedication, integrity, and care—guided by a clear purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.