Vanguard:

Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.

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The Balance:

Vanguard is known for its strategy of passive investing. This means that money is placed in mutual funds designed to mirror the activity of a specific index or the broader stock market. Vanguard boasts of low expense ratios for most of its funds.4 Along with asset management, Vanguard offers brokerage services, financial planning, annuities, and other services.

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Wiki:

The Vanguard Group, Inc. is an American registered investment advisor based in Malvern, Pennsylvania, with about $$8.4 trillion in global assets under management, as of January 13, 2022.

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