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Articles tagged "Vanguard Personal Advisor Services"


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Kristin Lemkau: We are still nascent in providing video and phone-based advice to clients who prefer to be served that way all the time.

JPMorgan files ADV for launch of call-center RIA led by former Vanguard Group call center head with blunt disclosures about who gets to manage the assets

The New York City white-shoe wealth manager is finally branding mass market fiduciary advice from office space in Phoenix

November 4, 2021 at 6:28 PM

Since Tim Buckley took over as CEO in 2018, he has stretched Vanguard's business model to drive growth and slow profit-margin compression.

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

September 7, 2021 at 7:35 PM

Tim Buckley is consistent about wanting to steer the Vanguard ship amid the shoals of financial advice  and past the company's cultural encumbrances that veer to investor self-direction.

Vanguard jilted RIAs 16 years ago. Now its CEO Tim Buckley is green-lighting RIA custody again -- with bells, whistles and added urgency

In a series of emails last week, Vanguard was coy but said its retail RIA platform for 600 staff advisors is getting retrofitted for non-Vanguard RIAs; the potential is huge and the potential pitfalls may be even greater, analysts say

May 23, 2019 at 6:16 PM

Jay Shah: One of the first things I did as CEO was introduce a tiered service model … Our average initial client investment has grown 37% since last year, and our average client has more than $400k in a personalized portfolio.

Taking the helm from famous founder, Jay Shah gets Personal Capital out of Vanguard's shadow with new shape, new deals and a 70% leap in assets

Still $93 billion-plus in arrears to Vanguard's $100 billion RIA, the new virtual-RIA CEO is making strides in the kinds of startup details that a venture capitalist can love

July 6, 2018 at 8:20 PM

Bill Harris: We are constantly showing what your cash flow is, you have to be good at saving.

Power Player: Bill Harris raises yet another $40 million on strength of winning big accounts willing to pay a grown-up price

Personal Capital has a leg-up in the mass production of classic RIA-to-high-net-worth services using technology, people and process, even if the brand elicits shrugs

July 31, 2017 at 11:46 PM

Tom O'Shea: Schwab and Vanguard came in, took their ideas and just married them with their well-known brand and they vaulted ahead of the startups.

Vanguard RIA's growth leaps to $5B of assets per month in 2017 as Schwab's RIA robo jumps to monthly $1.3B

Vanguard Personal Advisor Services now has 500 advisors and Schwab, downplaying robo success, promises more advisors are its 'robo' future

May 9, 2017 at 7:12 PM

Bill Harris: We're running hot.
September 21, 2016 at 9:12 PM

Michael Kitces: They compare to every other RIA that meets with clients using Skype -- which is all of us.

Vanguard virtual RIA's growth rate plummets from 50% to 32% with a staggering consolation -- another $10 billion in AUM since January

Now at $41 billion, up from $31 billion six months before, Vanguard gorged on easy cannibalization but classic RIAs are also losing assets to the Malvern growth engine

August 2, 2016 at 9:30 PM

Katie Henderson: We really do believe that the need for advice is growing. This is something retail clients have been asking for as they get close to the pre-retiree phase.

Vanguard's white-hot 'hybrid robo' just added $4 billion in three months -- a heat that may cast a chill on 'pure' robos

Now at $21 billion, Vanguard Personal Advisor Services is cannibalizing as a segmentation strategy and emphasizing new technology that edges it toward a more robo-centric, less call center-oriented model

July 16, 2015 at 5:02 PM

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