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Vanguard Group's private equity retail push gets real as it launches buyer-beware products this summer to its brokerage accounts as prelude to selection for 'suitability' through its RIA

The $7.1 trillion Malvern, Pa., manager will first sell HarbourVest private shares with stern warnings before making alts part of Vanguard Personal Advisor Services portfolios

Author Brooke Southall May 26, 2021 at 2:42 AM
2 Comments
no description available
Matt Benchener: Investors who can access high-quality, broadly diversified strategies with top private equity managers can potentially realize significant financial benefits.

The Vanguard Group


Jamie McLaugthlin

Jamie McLaugthlin

May 26, 2021 — 2:26 PM
Sad, actually. Even the estimable Vanguard Group, can't find enough earwax to muffle the siren calls of the manufacturing and distribution complex.
Jarshman

Jarshman

May 26, 2021 — 6:58 PM
You should not be able to be a fiduciary and a non fiduciary to the same clients at the same time.

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March 25, 2023 at 1:32 AM

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March 8, 2023 at 3:28 AM

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January 13, 2023 at 3:01 AM

RIA recap: Bernie Clark promises to 'be there' for coming TDA-Schwab system snafus; Fidelity gets custody win; Vanguard dishes out big tax bill to investors

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