Vanguard Group, Inc

This is a true example of Vanguard Group Math. If you invest $ 190,000 divided by $ 57.72 per share=3291.7530 Shares X $ 57.72 per share = $ 189 999.98 would be your starting balance. That’s how Vanguard cheats people everyday. Think about it 2 Cents X 1,000,000 transactions= $ 20,000 ill gotten gains for Vanguard.
This math representation is based on a recent calculation Vanguard did when I made a recent transaction in my account. When I questioned it they said it was called «rounding». I call it cheating me out of 2 Cents. If they are doing this kind of thing to me they are probably doing it to you. How fair, and in your best interest is that? You may say «Hey it’s only 2 Cents.» Well, if thats the case why didn’t Vanguard Round Up. How could I possible lose money on a purchase before any market activity took place? I lost 2 Cents because of Vanguard Math. Vanguard John Bogle would be ashamed of the company you have become. How much are you loosing with Vanguard?

Vanguard is one of the finest financial companies that my husband and I have ever dealt with. We were with several large institutions over the past 45 years and were introduced to Vanguard through family in North Carolina. Helpful, professional, friendly, and knowledgeable, Vanguard has gone above and beyond in assisting us with our financial planning and with our sisters estate when she passed away in February 2014. It was a comfort to know Vanguard followed up and made some very useful suggestions during this difficult time. Please note the 5 Star rating and my compliments to a company who makes you feel more like family than a customer/​client. Thanks Vanguard, we appreciate all your efforts over the past 4 years on our behalf. You are — «Woohoo! About as good as it gets! Rita R.

Vanguard, a.k.a. Fort Knox is located on the south side of Raintree near the 101. Home to what looks like hundreds if not 1000+ employees is this sprawling campus. Vanguard handles investments for people across the country and although they are headquartered back east this office is a major hub for them.

Vanguard has been at the forefront of the low cost/​low management fee mutual fund movement started by John Bogle some forty plus years ago.
Bogle’s philosophy was based in part on the concepts put forth by the University of Chicago Nobel economist Harry Markowitz. It stated that the stock market was truly efficient, and therefore impossible to outperform through stock selection. Instead, Vanguard offers an Index approach to overcome this conundrum.
Today, the equity markets have embraced the Index fund movement. No longer is Vanguard just Index’er, but have grown to include ETFs and annuities as well. Though headquartered back east in Pennsylvania, their Scottsdale complex is huge. I’ve found it equally impressive driving past there at 6 am and seeing the entire parking lot full.
As Harry Markowitz proved, it is was impossible to outperform the market by timing your purchases of stocks, so consider an index instead. Yes, I am a fan.

If you have estate changes, good luck. Their forms are ridiculously long and take a lot of time to figure out. Customer service is only available by calling 800 number, so good luck with the long wait times and multiple call backs required to finish paperwork. Ughhh!