Vanguard

Vanguard is a global investment management company, founded in 1975 by John C. Bogle. The firm pioneered index fund investing, revolutionizing how individuals invest by providing low-cost, passive investment options. With over $8.5 trillion in assets under management (AUM) as of 2024, Vanguard is one of the largest asset managers in the world.

Vanguard operates on a unique client-owned structure, meaning that instead of being publicly traded or privately owned, its funds are owned by the investors themselves. This structure aligns the company’s interests with those of its clients, keeping costs low and eliminating the need to maximize profits for external shareholders.

Vanguard provides a wide range of investment products, including index funds, exchange-traded funds (ETFs), mutual funds, pension plans, and advisory services. It caters to both individual investors and institutions, offering tools for long-term wealth building, retirement planning, and passive investing. The company is known for its commitment to low fees, transparency, and long-term financial growth.