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vanguard financial group
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Founded by John C. Bogle in 1975, The Vanguard Group is one of the world's largest investment management companies. It is renowned for its client-owned structure, where the company is owned by its funds, which are in turn owned by the shareholders. This unique model is designed to align the company's interests with those of its investors. Vanguard's mission is to "take a stand for all investors, to treat them fairly, and to give them the best chance for investment success." It pioneered the index fund for individual investors and is a leading proponent of low-cost, passive investing, although it also offers actively managed funds.
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