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About Vanguard


Since its beginning in 1975, Vanguard has grown to become one of the world’s largest investment management companies, with about $4.9 trillion in global fund assets as of December 31, 2017. Vanguard provides an array of investment products, including a full range of low-cost ETFs and mutual funds designed to help financial advisors grow and preserve the wealth of their clients. In addition to our many investments and client-focused services, our commitment to financial advisors includes innovative practice management solutions that can help advisors attract and retain clients, build their practices, and enhance their professional development.

Most investment firms are either publicly traded or privately owned. Vanguard is different: We’re owned by the Vanguard funds, which are owned by their shareholders.* We make decisions with our fund shareholders’ needs in mind. Our unique structure, along with our commitment to provide outstanding performance, provides advisors with many opportunities for building their businesses and enhancing their client relationships.

* Vanguard is client-owned. As a client owner, you own the funds that own Vanguard.

 

Vanguard Marketing Corporation, Distributor of the Vanguard Funds.

All investing is subject to risk, including possible loss of principal.

U.S. Patent Nos. 6,879,964; 7,337,138; 7,720,749; 7,925,573; 8,090,646; and 8,417,623.

For more information about Vanguard funds and Vanguard ETF Shares, visit advisors.vanguard.com or call 800-997-2798 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.

Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

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