Vanguard, founded in 1975, is one of the world's largest investment companies. It operates under a unique client-owned mutual ownership model, which aligns the company's interests directly with those of its investors. The firm's mission is to take a stand for all investors, treating them fairly and helping them achieve long-term financial security.
The company manages over $9 trillion in assets for 50 million investors worldwide. Its product line includes index funds, a segment Vanguard pioneered in 1976 with the First Index Investment Trust, ETFs, 458 expertly managed funds, and hybrid advice services. The firm is known for its low-cost approach, with an average expense ratio of 0.07%, significantly below the industry average of 0.44%.
With a team of 20,000 crew members across multiple global offices, Vanguard's technical work encompasses domains such as AI-driven trading platforms and personalized indexing. The company's focus is exclusively on providing investors with the best chance for investment success.
