"The House That Jack Bogle Built" is alive and well in sleepy Malvern, Pennsylvania. So far this year, the asset management firm that pioneered low-cost investing — so much so that "beta" is almost free now — has hoovered up another $256 billion of inflows into their US ETFs. Yet as the company nears its 50th anniversary, can the company continue to succeed without changing its tried-and-true ways?
On this episode of Trillions, Eric Balchunas and Joel Weber speak with Vanguard's Janel Jackson, a rising star who's Head of Bank and Institutional within the Financial Advisor Services division. They discuss her time at Vanguard, how she discovered the power of ETFs, why the company remains "true to label" despite the industry's love of "spicy" products, and even where Vanguard might look to push the envelope.
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