Vanguard

The Vanguard Group, Inc. is a premier global investment management firm founded on May 1, 1975, by John C. Bogle and headquartered in Malvern, Pennsylvania.

Vanguard

The Vanguard Group, Inc. is a premier global investment management firm founded on May 1, 1975, by John C. Bogle and headquartered in Malvern, Pennsylvania. It operates under a distinctive mutual ownership structure whereby the firm is owned by its U.S.-domiciled funds, which are in turn owned by their investors, aligning interests directly with clients (per corporate website and history pages). As of December 31, 2025, Vanguard managed USD 12 trillion in global assets under management, comprising approximately 84% index assets and 16% active assets, and served more than 50 million investors worldwide with low-cost mutual funds, ETFs, advisory services, brokerage, and retirement solutions (per Vanguard in a nutshell brochure and facts and figures). The firm pioneered retail index investing with the 1976 launch of the First Index Investment Trust (now Vanguard 500 Index Fund) and continues to drive industry cost reductions known as The Vanguard Effect, maintaining an asset-weighted average U.S. mutual fund and ETF expense ratio of 0.07% as of December 31, 2025. Under CEO Salim Ramji (since July 2024) and President and CIO Greg Davis, Vanguard offers investments and advice directly to individuals, through workplace plans, and via intermediaries across more than 80 countries, supported by approximately 20,000 crew members. Its core purpose remains to take a stand for all investors, treat them fairly, and give them the best chance for investment success (per official management and facts pages).

Website

investor.vanguard.com

linkedin.com/company/vanguard

General information

Firm type

Generalist

Year founded

1975

AUM

$12T (Dec 31 2025)

Location

Region

North America

Country

United States

City

Malvern

Corporate office

Malvern, PA, United States

Principals

Salim Ramji

Chief Executive Officer and Member of the Board of Directors

Greg Davis

President, Chief Investment Officer, and Member of the Board of Directors

Mark Loughridge

Chairman of the Board

John Bendl

Chief Financial Officer and Managing Director, Finance Division

Amma Boateng

Managing Director, Financial Advisor Services

Joanna Rotenberg

Managing Director, Personal Wealth Division

Sector focus

Private Equity

What is Vanguard's ownership structure?

The Vanguard Group, Inc. is owned by its U.S.-domiciled funds and ETFs, which are in turn owned by their investor shareholders, creating a unique client-owned mutual structure that aligns the firm's interests with those of its clients (per corporate website).

What is Vanguard's current global assets under management?

As of December 31, 2025, Vanguard managed USD 12 trillion in global assets under management (per official Vanguard in a nutshell brochure and advisors site).

Who is the current CEO of Vanguard?

Salim Ramji has served as Chief Executive Officer and a member of the Board of Directors since July 2024 (per management team and press releases).

Where is Vanguard headquartered?

Vanguard is headquartered at 100 Vanguard Boulevard in Malvern, Pennsylvania, United States (also referenced as Valley Forge area) (per official sites and contact information).

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