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Who “owns” tha vanguard group and what does this allow the company to do?
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Who “owns” tha vanguard group and what does this allow the company to do?

User Mr Nooby Noob
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5 votes

Answer:

John C. Bogle is the founder of the group however it is owned by its customers/clients through the funds managed by the company.

It allows the company to exhibit extra drive and zeal to grow its customer base for future purpose. This is because of the company being highly dependent on its customers for its sustainability.

User Jagannath Banerjee
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