Gus Sauter, the fund company's chief investment officer, will retire at the end of the year. The head of Vanguard's retail investor group will succeed him.
Firm's analysts say big four have peaked, but others not ready to cave
Investors can say goodbye to $1 shares of money market funds and hello to $100 or even $1,000 shares — if the SEC requires the funds to float their net asset value, according to one ICI official.
The Vanguard Group Inc. is dramatically stepping up its efforts to court financial advisers by doubling the number of sales reps who work with advisers.
Marquee money management firm says the big country is headed for big trouble
A recent survey of Schwab's clients found that only a third of investors felt comfortable making their own investment decisions. Marie Chandoha, president and chief executive, is targeting the remainder.
