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After freemium-like beginnings, Vanguard Group is priming its $243-billion RIA as a profit engine with high-octane, higher risk, higher-margin proprietary funds, tempered by an 'opt-in' for investors

The wealth management unit of the $8-trillion, Malvern, Pa., manager will exclusively distribute three active, high-conviction mutual funds with fees starting at 40 basis points

Author Oisin Breen September 7, 2021 at 7:35 PM
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Since Tim Buckley took over as CEO in 2018, he has stretched Vanguard's business model to drive growth and slow profit-margin compression.

Tim Buckley



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March 1, 2024 at 3:35 AM

Vanguard's deal with Blackstone follows its bleak, almost black, market prognosis • SSGA launches another 'Apollo' product, sans Apollo brand • SEC OKs 'green' exchange • Senators call out Trump 'fraud' in letter to new SEC chair

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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

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January 2, 2025 at 10:49 PM

The upper RIA echelon mass-exit is now at 25 execs and counting -- for 25 'reasons' -- but it's hardly a coincidence, analysts say

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June 7, 2024 at 11:17 PM

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