The Vanguard Group
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The Vanguard Group

Company nameVanguard
Company typeClient owned
IndustryInvestment management
FoundedValley Forge, Pennsylvania (1975)
HeadquartersMalvern, Pennsylvania, U.S.
Key peopleWilliam McNabb, President and CEO; John J. Brennan, Chairman; John C. Bogle, Founder (retired)
ProductsMutual funds, exchange-traded funds, brokerage, asset management
RevenueN/A
AUMUS$1.4 trillion (June 2010)
Employees12,000+ (2008)

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The Vanguard Group is an American investment management company that manages approximately $1.4 trillion in assets, based in Malvern, Pennsylvania. It offers mutual funds and other financial products and services to individual and institutional investors in the United States and abroad. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors, the popularization of index funds generally, and driving costs down across the mutual fund industry.

Vanguard is unusual among mutual-fund companies since it is owned by the funds themselves. In this structure, each fund contributes a set amount of capital towards shared management, marketing, and distribution services. The company says that this structure better orients management towards shareholder interests. Other mutual-fund sponsors are expected simultaneously to make a profit for their outside owners and provide the most cost-effective service to funds for their shareholders.

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Vanguard's Unusual Gripe: ETFs Overhyped on Taxes - Wall Street Journal (blog) Tweet this news
Wall Street Journal (blog)---Vanguard Group- has an unusual message for potential investors: Tax advantages of exchange-traded funds, including its own fast-growing line ... - Date : Mon, 10 Jan 2011 15:21:11 GMT+00:00
Vanguard offers details about money fund backstop - InvestmentNews Tweet this news
InvestmentNews--In a letter to the President's Working Group on Financial Markets about proposed regulations of money market funds, -The Vanguard Group- Inc. today expressed ... - Date : Mon, 10 Jan 2011 21:10:13 GMT+00:00
US funds cut exposure as euro hits four-month low against $US - The Australian Tweet this news
The Australian--David Glocke, head of taxable money-market funds at -Vanguard Group-, said that his firm's $US109 billion ($109.45bn) prime fund was not directly exposed to ... - Date : Mon, 10 Jan 2011 23:31:33 GMT+00:00
NYSE Volume Active Stocks are - UDR, VEA, PEG, HT, EOG - TapeBeat Tweet this news
TapeBeat--The Fund's investment advisor is -The Vanguard Group-, Inc. Public Service Enterprise Group Inc. (NYSE:PEG) decreased -1.23%, currently trading at $31.20 and ... - Date : Mon, 10 Jan 2011 18:07:45 GMT+00:00
Vanguard pairing 401(k) investors with CFPs - InvestmentNews Tweet this news
InvestmentNews--Participants in some 401(k) retirement plans managed by -Vanguard Group- Inc. now have access to advice from certified financial planners. ... - Date : Thu, 06 Jan 2011 20:32:29 GMT+00:00
Hot Stocks to watch in Early Trade - SKX, PXP, AEG, ERX, VIG - TapeBeat Tweet this news
TapeBeat--The Fund's obligation under futures contracts will not exceed 20% of its assets. The Fund's investment advisor is -The Vanguard Group-, Inc.--- - Date : Mon, 10 Jan 2011 17:26:00 GMT+00:00
Advisers reveal their top fund brand - InvestmentNews Tweet this news
InvestmentNews---...- American Funds received an FA Vision Brand Index score of 25.06, almost three times higher than -The Vanguard Group- Inc., which came in second place with ... - Date : Wed, 05 Jan 2011 21:13:19 GMT+00:00
Duke, Progress share major investors - Bizjournals.com Tweet this news
Bizjournals.com--3 shareholder in both companies, and -Vanguard Group- Inc. is the No. 4 shareholder in both firms. Capital World Investors, the No. 5 shareholder in Progress, ... - Date : Mon, 10 Jan 2011 19:04:16 GMT+00:00
Impetus for managers to invest in own funds - Financial Times Tweet this news
Financial Times---Vanguard Group-, a US asset manager, takes it a step further and has “a client pledge to invest our own money alongside our investors”, says Tom Rampulla, ... - Date : Sun, 09 Jan 2011 09:10:50 GMT+00:00
Best Money Market Fund for the New Year - ADI News Tweet this news
ADI News---The Vanguard Group- is mentioned as one of the best money market funds because it offers low costs and high dollar money market fund assets. ... - Date : Tue, 28 Dec 2010 13:57:26 GMT+00:00

Philadelphia-area corporations (including the Delaware Valley)

Philadelphia-based Fortune 500 corporations
(by 2009 rank)
Comcast (59) * Sunoco (78) * Cigna (129) * Aramark (189) * Crown Holdings (289)
Delaware Valley-based Fortune 500 corporations
(by 2009 rank)
Companies listed above, plus: AmerisourceBergen (24) * DuPont (86) * Lincoln National Corporation (256) * Campbell Soup (299) * UGI Corp. (369) * SunGard (380) * Unisys (452) * Airgas (474)
Other notable Philadelphia-based businessesAmoroso's * AppLabs * Beneficial Bank * Crozer Keystone Health System * Philadelphia Media Holdings * Radian Group * Tasty Baking * Urban Outfitters
Notable Philadelphia-based professional partnershipsBallard Spahr * Blank Rome * Cozen O'Connor * Dechert * Drinker Biddle & Reath * Duane Morris * Morgan, Lewis & Bockius * Pepper Hamilton * Saul Ewing
Other notable Delaware Valley-based businessesAqua America * Bentley Systems * Brandywine Realty Trust * Boscov's * Carpenter Technology Corp. * GSI Commerce * Forman Mills * Liberty Property Trust * Rita's Water Ice * Vanguard * ViroPharma * Wawa * Wilmington Trust * WSFS Bank
Notable Delaware Valley-based
US headquarters of foreign businesses
ACE * AgustaWestland * AstraZeneca * GlaxoSmithKline * HSBC Bank USA * ING Direct * SAP America * Siemens Medical * Shire Pharmaceuticals * Sovereign Bancorp * Subaru * Teva Pharmacueticals * TD Bank
Notable Delaware Valley-based
division headquarters of US corporations
Acme (SuperValu) * AlliedBarton and Pinnacle Foods (Blackstone) * Keystone Helicopter (United Tech.) * Centocor (J&J) * Colonial Penn (Conseco) * Delmarva Power (Pepco Holdings) * Hercules (Ashland) * MAB Paints (Sherwin-Williams) * MBNA (Bank of America) * McNeil Laboratories (J&J) * Neoware (Hewlett-Packard) * PECO (Exelon) * QVC (Liberty Media) * Rohm and Haas (Dow Chemical)



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