Vanguard Advisers Inc (Malvern)

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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. 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

Indirect Owners

The SEC currently registers 2 indirect owners.

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.

Registered investment advisers similar to Vanguard Advisers Inc

• Pictet Asset Management
• Legg Mason Partners Fund Advisor
• Balyasny Asset Management
• Brighthouse Investment Advisers
• Macquarie Investment Management Business Trust
• LPl Financial
• American Century Investment Management
• Jennison Associates
• Baillie Gifford Overseas
• Aberdeen Asset Managers Limited
• Evergreen Investment Management Co.
• The Prudential Investment Corp
• The Prudential Investment Corporation
• Morgan Stanley & Co., Incorporated
• Janus Capital Management