FYI:
Daniel P. Wiener makes a living both as a cheerleader and a critic of Vanguard, the $3 trillion Malvern-based investment firm. His company advises $3.5 billion in investor assets, much of it in Vanguard funds, but he does not advocate low-cost indexing.
Instead, he prefers actively managed Vanguard mutual funds - especially in his own retirement fund.
Regards,
Ted
http://www.philly.com/philly/business/20150614_Skin_in_the_Game.html