Tag: Vanguard

stressed person using calculator for high tax bills.Malvern

Vanguard Agrees to Pay $40 Millon in Settlement Over High Tax Bills 

Malvern-based Vanguard Group has reached a $40 million settlement in a lawsuit claiming its decision to make some target-date retirement funds for smaller…

Banking & Finance

Forbes: Vanguard Continues to Lead as Innovator in Money Management Business

Since it was founded in 1975, Malvern-based Vanguard has been known as the biggest innovator in the money management business, writes Randy Bean for…

saving in middle ageInvestments

If You’re Behind on Saving in Middle Age, There’s Still Time to Increase Your Savings Rate and Map Your Later Years

If you are behind on saving in middle age, many financial advisors believe there is still time to increase your savings rate and map your…

target-date fundsInvestments

Some Investors Turning Their Backs on Target-Date Funds

Some investors are turning their backs on target-date funds, the most popular retirement investment on Wall Street, write Anne Tergesen and Oyin Adedoyin for…

401(k) rollover mistakeInvestments

This 401(k) Rollover Mistake Could Cost You Money

Workers who pull their retirement savings out of the stock market after changing jobs miss out on billions in investment gains, usually without meaning to…

Banking & Finance

For First Time, Malvern-based Vanguard Hires Outsider to Run Investment Giant

Vanguard Group has found its next chief executive in Salim Ramji, who will be the first outsider to run the Malvern-based investment behemoth, writes…

Group of professionals at a networking event.Personal Finance

The Secret Weapon of High-Net-Worth Individuals Is Their Network

We already know that in real estate it is location, location, location. When it comes to getting exposed to alternative wealth strategies, being exposed to…

giant fundsInvestments

Giant Funds Are Taking over Wall Street

Giant funds are taking over the financial system, with top firms now controlling amounts that rival the economies of many large countries, writes Matt Wirz…

Alba MartinezCommerce

Alba Martinez Wants To Be the Commerce Director ‘For Every Philadelphian and Every Business’

Alba Martinez started her new role as Philadelphia’s commerce director in January, and while her trajectory is atypical, her qualifications can’t be denied…

Commerce

Malvern-Based Vanguard Acquires North Carolina Office Complex for $117 Million

Malvern-based Vanguard Group is planning to consolidate its Charlotte, North Carolina, operations at the new office campus it recently acquired there for $117 million…

cryptocurrencyInvestments

‘Holding a Dollar in a Token Is Amazing’: Financial Firms Start Betting on Crypto

After years of hovering around the border of the world of cryptocurrencies, major financial firms now seem ready to fully embrace the crypto subculture, writes…

child with shopping cartsDistribution

Phoenixville Area Community Services Continues to be a Lifeline for Those Experiencing Food Insecurity

Phoenixville Area Community Services (PACS) nourishes the community of Chester County and beyond through its Food Market and other services to help those in need…

Alba Martinez and Renee GarciaGovernment & Politics

Mayor-Elect Cherelle Parker Names City's New Commerce Director, City Solicitor

Philadelphia’s Mayor-Elect Cherelle Parker’s administration is taking shape, as she has named her choices as the city’s new commerce director and…

Shanghai SkylineInvestments

Malvern-Based Vanguard Preparing to Finalize Its Exit from Shanghai

Vanguard, the Malvern-based investment behemoth, is taking its final steps to exit China and close its office in the $4 trillion (29 trillion yuan…

ESG investorsInvestments

Study Finds Some ESG Investors Have More Than Just Ethical Motives

A new study found that while ESG investors are motivated by ethical concerns, some of them also expect those investments to outperform the U.S…