Please stay tuned for important disclosure information at the conclusion of this episode.

Welcome to Investing Insights. I'm your host, Ivana Hampton.

Vanguard redefined investor first for the better, and it's aiming to maintain that reputation.

Vanguard revolutionized passive investing when it created the first retail index fund.

The behemoth asset manager continues to attract swells of everyday investors and money

with headline-making fee cuts that put pressure on rivals to follow suit.

But Vanguard is also seeking to develop an edge in new areas.

It's going full force on active bond ETFs, for example,

and creating a Target Date Trust series to provide retirees the security of predictable income.

This week's episode is the second of a two-part series

examining what's going on with Vanguard in 26. Dan Sintyeroff is back at the table. The

Associate Director of U.S. Pass for Strategy's Research for Morningstar covers Vanguard.

Welcome again, Dan. We're back.

We are.

So Vanguard has grown significantly over the last decade, more than doubling its clients

between 2015 and 2025.

What have been the ups and downs of this expansion?

And how is the firm handling them?

Yeah.

Well, so first off,

it's, I think it's awesome that investors have figured out what Vanguard is and what it can

deliver for them. They figured out that cost matters, that well-managed investments matter.

...