Vanguard Advisers Inc (Malvern)


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. 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


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.