News, Vision & Voice for the Advisory Community


Advizent makes Jack Bogle its standards czar, a no-pay, no-conflict position

The RIA brand will depend on a gold standard of rules and audits

Author Brooke Southall July 31, 2012 at 11:30 AM
no description available
Jack Bogle is the first of seven big names that Advizent plans to put on its board.

Charles Goldman


Steve Lockshin


Jack Bogle

Elmer Rich III

Elmer Rich III

July 31, 2012 — 5:44 PM

You know, let’s be honest – JB made a PR career self-righteously skewering the competitors of Vanguard while claiming to be holier-than all the rest. It is deeply cynical and no one ever calls him on this clearly conflicted moralizing.

What a surprise – all the business practices he claims are morally superior are of those of the firm he benefits from!

JB has always been conflicted like everyone else. He is no saint nor even especially knowledgeable about anything other than a clever PR campaign. Nothing of more substance than just being a “loudest voice.” Further, the evidence-basis for his statements and claims is thin — at best.

Why has he been given a free ride on his own conflicts and self-serving behavior?

Jamie McLaughlin

Jamie McLaughlin

July 31, 2012 — 11:26 PM

This is another feather in Advizent’s cap and a sign that they’ll marshal the resources to support something in execution that will be more than just a noble concept.

Related Moves

April 2, 2024 at 1:28 AM

Tim Buckley sends shockwaves by retiring as Vanguard CEO after adding $750 billion per year during his stay in the executive suite

The 54 year-old lasted just over six years in the job, delivered on targets, but he also made head-scratching decisions and never solved its technology woes

March 1, 2024 at 3:35 AM

Joanna Rotenberg is departing Fidelity Investments after only two years, writing that she traveled 20,000 miles and successfully split her retail division into wealth and brokerage units

At her hire, analysts were adamant the head of Fidelity retail had 'big shoes to fill' to replace legendary Kathleen Murphy and her task of 'digitiizing' retail was no small ask

December 16, 2023 at 2:22 AM

Orion rescinds RTO order after its staff rebels by hijacking company email list, distributing petition and tipping off RIA media

CEO Natalie Wolfsen suffers first setback and rescinds a return-to-office (RTO) policy after week of protest to work on a more collaborative agreement on a post-COVID new normal

November 23, 2023 at 12:20 AM

See more related moves

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings

Common Tags

Recent Articles

Popular Writers

RIABiz logo


About Us




RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.