Vanguard Advisers Inc (Malvern)

Name: Vanguard Advisers Inc
Address: 100 Vanguard Blvd, Malvern, PA, 19355
Telephone: 610-669-1000

Vanguard Advisers Inc is a large advisory firm based in Malvern. It manages $160.93 billion of regulatory assets for 460,532 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Vanguard Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for approximately 267,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vanguard Advisers: assets under management

The assets under management (AUM) of Vanguard Advisers Inc is $160.93 billion. The firm's AUM has grown by 4367% since the beginning of its operation, and $87.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $156.57 billion in discretionary accounts and $4.35 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.59 million.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 7% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vanguard Advisers Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael Sidney Miller serves?

The firm provides services to individuals, insurance companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of Michael Sidney Miller is individuals with 562,243 clients and $69.73 billion of assets under management. Among the 11 most similar advisory firms, Vanguard Advisers has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $160.82 billion for 592,732 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Vanguard Advisers doesn't advise any private funds.

Careers at Vanguard Advisers Inc

The company employs 984 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. 922 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Sidney Miller has been acting as President since 1 Jan 2000. Scott Allan Conking joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc A Wholly Owned Subsidiary Of The Vanguard Group Inc Goliath	Stockholder	1 Jun 1995	75% - 100%	51-0351904
John Joseph Brennan	Chairman, president & chief executive officer	1 Jun 1995	Other	1567065
Ian A Mackinnon	Director	1 Jun 1995	Other	1567063
Ralph Kempton Packard	Director	1 Jun 1995	Other	1566598
George Upham Sauter	Director	1 Jun 1995	Other	1767147
Richard Walter Stevens	Principal	1 Jun 1995	Other	2600585
Ian Alexander Mackinnon	Director	1 Jun 1995	Other	1567063
Raymond Joseph Klapinsky	Director & secretary	1 Sep 1997	Other	271174
Jack Gary Brod	Principal	1 Nov 1998	Other	1519234
Michael Sidney Miller	Director	1 Jan 2000	Other	2130803
Robert Gregory Barton	Director	1 Jan 2000	Other	1462355
James Henry Gately	Director	1 Jan 2000	Other	218643
Frederick William Mcnabb	Director	1 Jan 2000	Other	1567399
A Kimberly Stevens	Assistant treasurer	1 Feb 2001	Other	3045917
Richard David Carpenter	Principal and treasurer	1 Feb 2001	Other	1395642
Stephen Edward Rogers	Principal	1 Feb 2001	Other	1767148
Joseph Francis Dietrick	Assistant secretary	1 Feb 2001	Other	2981979
Robert Gregory Barton	Director and secretary	1 Jun 2001	Other	1462355
Thomas Mitchell Chapin	Principal	1 Jan 2002	Other	1411830
Dennis Patrick Duffy	Principal	1 Jan 2002	Other	1048576
Martin Ingwald Kleppe	Principal	1 Jan 2002	Other	1991771
Albert Samuel Dalby	Principal	1 Jan 2002	Other	2239176
Duane Dominic Cabrera	Senior manager	1 Jan 2002	Other	2039205
Debra Lynn Charlesworth	Principal	1 Jan 2002	Other	2147211
Timothy Richard Sweeney	Principal	1 Jan 2002	Other	2279763
Duane Dominic Cabrera	Principal	1 Jan 2003	Other	2039205
Ellen Rinaldi	Principal	1 May 2003	Other	858927
Ellen None Rinaldi	Principal	1 May 2003	Other	858927
A Kimberly Lynch	Assistant treasurer	1 Jan 2004	Other	3045917
Marybeth Callahan Matecki	Chief compliance officer	1 Sep 2004	Other	1586209
Deborah Elizabeth Mccracken	Assistant secretary	1 Feb 2005	Other	5030224
Heidi Stam	Director and general counsel	1 Jul 2005	Other	2985810
Pauline Catherine Scalvino	Secretary	1 Jul 2005	Other	5030240
Pauline Catherine Scalvino	Chief compliance officer and secretary	1 Mar 2006	Other	5030240
Mortimer Joseph Buckley	Director	1 Jun 2006	Other	2167630
Frederick William Mcnabb	President and director	1 Mar 2008	Other	1567399
Frederick William Mcnabb	Chairman, president and ceo	1 Sep 2008	Other	1567399
Glenn W Reed	Director	1 Sep 2008	Other	5543460
Martha G. King	Director	1 Jun 2011	Other	1420059
Martha Geiger Papariello	Director	1 Jun 2011	Other	1420059
Christopher Davis Mcisaac	Director	1 Jan 2012	Other	2928259
Paul Andrew Heller	Principal	1 Jul 2012	Other	1359165
Paul Andrew Heller	Director	1 Dec 2012	Other	1359165
Frank Lord Satterthwaite	Principal and treasurer	1 May 2014	Other	2078363
Natalie Bej	Chief compliance officer	1 May 2014	Other	6311859
Karin Ann Risi	Director	1 May 2015	Other	3209445
Thomas Mark Rampulla	Director	1 May 2015	Other	1816948
Anne Elizabeth Robinson	Director and general counsel	1 Sep 2016	Other	6706699
Michael Thomas Rollings	Director	1 Sep 2016	Other	1592402
Anne Robinson	Director and general counsel	1 Sep 2016	Other	6706699
Claire Grace Burke	Chief compliance officer	1 Jun 2017	Other	6528991
Claire Burke	Chief compliance officer	1 Jun 2017	Other	6528991
Scott Allan Conking	Director	1 Feb 2018	Other	1266398
John Edward Schadl	General counsel	1 Feb 2018	Other	6931790
John Bendl	Chief financial officer	1 Feb 2018	Other	6931980
Mortimer Joseph Buckley	President and ceo	1 Feb 2018	Other	2167630
Kevin Thomas Jestice	Director	1 Feb 2018	Other	5363377

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Vanguard Index Funds	Stockholder	1 Aug 1976	25% - 50%	23-1999755
Inc. The Vanguard Group	Stockholder	1 Jun 1995	75% - 100%	105958

Based in Malvern

The principal office where Vanguard Advisers Inc performs its advisory services is located at 100 Vanguard Blvd, Malvern, PA 19355, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-669-1000 or by fax 610-669-6600. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at vanguard.com.