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Vanguard Group's private equity retail push gets real as it launches buyer-beware products this summer to its brokerage accounts as prelude to selection for 'suitability' through its RIA

The $7.1 trillion Malvern, Pa., manager will first sell HarbourVest private shares with stern warnings before making alts part of Vanguard Personal Advisor Services portfolios

Author Brooke Southall May 26, 2021 at 2:42 AM
2 Comments
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Matt Benchener: Investors who can access high-quality, broadly diversified strategies with top private equity managers can potentially realize significant financial benefits.

The Vanguard Group


Jamie McLaugthlin

Jamie McLaugthlin

May 26, 2021 — 2:26 PM
Sad, actually. Even the estimable Vanguard Group, can't find enough earwax to muffle the siren calls of the manufacturing and distribution complex.
Jarshman

Jarshman

May 26, 2021 — 6:58 PM
You should not be able to be a fiduciary and a non fiduciary to the same clients at the same time.

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April 18, 2025 at 2:26 AM

2025 will be the year of 'Under New Management' in RIA business, after 2024 brought profusion of CEO-level fires, hires and deals

First seven CEOs were replaced, then myriad big HR dominoes fell as Vanguard, Schwab, Envestnet, InvestCloud, LPL, Cetera and Orion all switched out CEOs and presidents

January 2, 2025 at 10:49 PM

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

Biz Briefs: Vanguard's tax-loss harvest yields a caveat• Vermont green with envy ... of red states? • CFP Board spends $12 million on bungee metaphor • BlackRock isn't neutral on Credit Suisse • Women are the Goliath of 'David' in UK finance

Tax-loss harvest gains may have some home assembly required, says Jeff DeMaso • Adrian Johnstone is now in the driving seat at Practifi • CFP Board spending just topped $150 million • and Vermont shares some Texas thinking on ESG investing.

March 25, 2023 at 1:32 AM

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