02.03.25

Vanguard Delivers Its Biggest Fee Cut Ever; CEO Explains Why

by: Jack Pitcher

In the first major initiative in Salim Ramji’s six-month run as chief executive, Vanguard on Monday slashed the fees on nearly half of its U.S. funds. The fee cuts are the steepest in the history of the money manager. In an interview, Ramji discussed the fee cuts and what else is on the horizon at Vanguard, including expansion of its advice services.

Read the full article on The Wall Street Journal