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People Moves Related to "Ready to really take on Schwab and Merrill Lynch, Vanguard quantifies 'meaningful' value that financial advisors deliver 'beyond portfolio performance' in code shift"


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Vanguard names Joanna Rotenberg to replace Matt Benchener as retail chief, after he takes CEO role at Hargreaves Lansdown, the UK's largest DIY online broker

Jan 12, 2026

CEO Salim Ramji makes quick secession move as he reshapes Vanguard's executive team in a move to make more DYI investors into advised clients and react to Schwab and Fidelity.


Vanguard CEO puts second 'Fidelity talent' in c-suite in two years, reuniting Kathryn Condon and Joanna Rotenberg -- a 'smart' hire for the 'marketing machine' yet with 'cultural risk'

Dec 18, 2025

Salim Ramji, himself an outside poach, is shoring up Vanguard's one apparent deficit -- its ability to appeal to the next generation of investors.



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

Jan 2, 2025

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


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

Dec 16, 2023

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


UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture

Jul 16, 2022

Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.


Abby Johnson hires Canadian whiz and possible successor to head up, monetize and automate Fidelity retail to close early digital deficits with Schwab, Robinhood and Vanguard-- and maybe win institutionally embedded 401(k) millionaires

Sep 21, 2021

With the $11.2 -trillion Boston giant hiring 9,000 by year end after opening 5 million new retail accounts in six months, Joanna Rotenberg will be asked to rationalize, unify, digitize and monetize low- or no-revenue millennial accounts.


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