The Vanguard Group

VanguardVanguard GroupBill McNabbThe Vanguard Group, Inc.Vanguard Charitable Endowment ProgramVanguard Small-Cap Index Fund
The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with over $5.1 trillion in assets under management.wikipedia
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John C. Bogle

BogleEGS DesignJack Bogle
Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors and has been a proponent of and a major enabler of low-cost investing by individuals. In 1951, for his undergraduate thesis at Princeton University, John C. Bogle conducted a study in which he found that most mutual funds did not earn any more money than if they invested in broad stock market indexes.
He was the founder and chief executive of The Vanguard Group.

Mutual fund

mutual fundsfundmutual
It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares.
The first retail index fund, First Index Investment Trust, was formed in 1976 by The Vanguard Group, headed by John Bogle; it is now called the "Vanguard 500 Index Fund" and is one of the world's largest mutual funds.

Exchange-traded fund

ETFETFsexchange-traded funds
It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares.
The Vanguard Group entered the market in 2001.

Index fund

Indexindex investingindex funds
Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors and has been a proponent of and a major enabler of low-cost investing by individuals.
Bogle founded The Vanguard Group in 1974; as of 2009, it was the largest mutual fund company in the United States.

Wellington Management Company

Wellington ManagementWellington Management CoWellington Management Group LLC
Immediately after graduating from Princeton University in 1951, Bogle was hired by Wellington Management Company.
Bogle left in 1974 and established The Vanguard Group, retaining Wellington to manage some of Vanguard's funds.

Mortimer J. Buckley

Tim Buckley
In July 2017, Financial Times reported McNabb would be replaced as chief executive officer by chief investment officer Tim Buckley, effective January 1, 2018.
Mortimer J. "Tim" Buckley (born 1969) is an American executive at The Vanguard Group.

John Neff

Noted investor John Neff retired as manager of Vanguard's Windsor Fund in 1995, after a 30-year career in which his fund beat returns of the S&P 500 index by an average of 300 basis points per year.
He is notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund.

Mutual organization

Mutualmutual companymutual organisation
Vanguard is structured as a mutual company; it is owned by funds managed by the company, and is therefore owned by its customers.
The Vanguard Group - United States

Scottsdale, Arizona

ScottsdaleScottsdale, AZArizona (Scottsdale)
It has satellite offices in Charlotte, North Carolina and Scottsdale, Arizona.
Many important companies are headquartered or have regional headquarters in the park, including Acronis, AXA, GE Capital, DHL, Discount Tire Company, Fidelity Investments, JDA Software, GoDaddy.com, The Vanguard Group, And Quicken Loans.

List of US mutual funds by assets under management

List of U.S. mutual funds by assets under management
Several mutual funds managed by Vanguard are ranked at the top of the list of US mutual funds by assets under management.

S&P 500 Index

S&P 500 ComponentS&P 500S&P
Bogle saw this as an opportunity to start a passive fund tied to the performance of the S&P 500.
Mutual fund managers provide index funds that track the S&P 500, the first of which was The Vanguard Group's Vanguard 500 in 1976.

Wellington Fund

Wellington funds
Wellington executives initially resisted the name, but narrowly approved it after Bogle mentioned that Vanguard funds would be listed alphabetically next to Wellington funds.
The Vanguard Group

Investment management

portfolio managementasset managementinvestment manager
Perhaps more frequent is the sustained pressure that large institutions bring to bear on management teams through persuasive discourse and PR. On the other hand, some of the largest investment managers—such as BlackRock and Vanguard—advocate simply owning every company, reducing the incentive to influence management teams.

SPDR

Select Sector SPDR TrustSpidersSPY
SPDR
As of June 2013, SPDR is the second largest ETF provider, behind iShares, and ahead of Vanguard, with assets of $337 bn.

Invesco PowerShares

PowerSharesPowerShares QQQQQQ
PowerShares
The Vanguard Group

Registered Investment Adviser

registered investment advisorRIARegistered Investment Advisers
The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with over $5.1 trillion in assets under management.

Malvern, Pennsylvania

MalvernMalvern, PADevault
The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with over $5.1 trillion in assets under management.
Siemens Healthcare, Ricoh Americas Corporation (formerly IKON Office Solutions), The Vanguard Group, Liberty Property Trust, The Center for Professional Innovation & Education Corporation (a global training provider), Cerner, Vishay Intertechnology, CertainTeed, and AmericanMuscle are among the companies based in Malvern.

BlackRock

BlackRock, Inc.BlackRock Inc.Black Rock
It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares.

IShares

iShares Russell 3000
It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares.

Expense ratio

management expense ratioongoing costs of maintaining the portfolioprogram expenses
Admiral shares have slightly lower expense ratios but require a higher minimum investment.

Princeton University

PrincetonCollege of New JerseyPrinceton College
In 1951, for his undergraduate thesis at Princeton University, John C. Bogle conducted a study in which he found that most mutual funds did not earn any more money than if they invested in broad stock market indexes.

Stock market index

stock indexindexstock market indices
In 1951, for his undergraduate thesis at Princeton University, John C. Bogle conducted a study in which he found that most mutual funds did not earn any more money than if they invested in broad stock market indexes.

Horatio Nelson, 1st Viscount Nelson

NelsonHoratio NelsonLord Nelson
He named it Vanguard, after Horatio Nelson's flagship at the Battle of the Nile,.

Flagship

flagship storeflagship universityflag
He named it Vanguard, after Horatio Nelson's flagship at the Battle of the Nile,.