FYI: Vanguard remains a class act on top of the retail mutual fund world, and it is poised to stay that way under new CEO Tim Buckley, a firm veteran who took over in January of this year. The firm Buckley inherited has come a long way since its days as a disruptive upstart in the 1970s, but it hasn’t lost its drive to bring more investors into the fold and further transform the industry it now dominates. Its size and prominence, though, do not exclude it from pressures other industry participants face, and in certain respects they introduce challenges that are uniquely Vanguard’s own.
Regards,
Ted
https://www.morningstar.com/articles/870486/the-vanguard-group-rules.html
