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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 gets new CFO, Salim Ramji's second, strategic and handpicked selection • High rates but lower-balance money markets • SEC loses nearly 1-in-5 staff -- largely from its legal nerve center

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April 29, 2025 at 2:51 AM

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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

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