DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Vanguard Group Inc

Asset manager (funds and pooled vehicles)Malvern, PennsylvaniaCRD 105958SEC 801-11953websiteIAPD
Legal name The Vanguard Group, Inc.
Latest filing Aug 21, 2026
First filing on the tape Mar 29, 2012 · 60 filings
SEC status approved since Aug 23, 1976
RAUM
$11093B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1,702
19 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$11093B as of Aug 21, 2026
Mar 29, 2012$1554B then
HNW client RAUM$0 as of Aug 21, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 21, 2026
Mar 29, 20120 then
Employees (5.A)1,702 as of Aug 21, 2026
Mar 28, 2013238 then
Private funds1 as of Feb 3, 2026
Mar 29, 20122 then
RAUM +8.3% over the last fiscal year+19% a year over threeIARs 0 to 0offices 2 to 0
Practice profile
derived from the filing of Aug 21, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$49BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.3%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for investment companies, selection of other advisers, publicationsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$11093B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
228reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=267.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      22 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Vanguard Uk Investment Grade Bond Index Fundno longer reportedOther Private Fund$3.6B285Mar 30, 2016
      Vanguard Uk Government Bond Index Fundno longer reportedOther Private Fund$3.0B287Mar 30, 2016
      Vanguard Uk Short-Term Investment Grade Bond Fundno longer reportedOther Private Fund$2.0B217Mar 30, 2016
      Vanguard 20+ Euro Treasury Index Fundno longer reportedOther Private Fund$632M25Mar 30, 2016
      Csf Private FundHedge Fund$276M1Mar 30, 2020
      Mpf Private Fundno longer reportedHedge Fund$147M1Mar 30, 2016
      Vanguard Global Enhanced Equity Fundno longer reportedOther Private Fund$131M2Mar 30, 2016
      Private Fund M3no longer reportedHedge Fund$39.2M1Mar 28, 2014
      Private Fund M2no longer reportedHedge Fund$29.6M1Mar 28, 2014
      Private Fund 2no longer reportedHedge Fund$19.7M1Mar 29, 2012
      Asf Private FundHedge Fund$15.5M1Mar 30, 2016
      Private Fund 1no longer reportedHedge Fund$7.4M1Mar 29, 2012
      Private Fund M1no longer reportedHedge Fund$5.7M1Mar 28, 2014
      Vanguard Target Retirement 2020 Fundno longer reportedOther Private Fund$3.6M15Mar 30, 2016
      Vanguard Target Retirement 2025 Fundno longer reportedOther Private Fund$3.1M14Mar 30, 2016
      Vanguard Target Retirement 2035 Fundno longer reportedOther Private Fund$2.2M14Mar 30, 2016
      Vanguard Target Retirement 2015 Fundno longer reportedOther Private Fund$1.4M9Mar 30, 2016
      Vanguard Target Retirement 2030 Fundno longer reportedOther Private Fund$1.4M11Mar 30, 2016
      Vanguard Target Retirement 2045 Fundno longer reportedOther Private Fund$699,00710Mar 30, 2016
      Vanguard Target Retirement 2050 Fundno longer reportedOther Private Fund$639,05013Mar 30, 2016
      Vanguard Target Retirement 2040 Fundno longer reportedOther Private Fund$519,01713Mar 30, 2016
      Vanguard Target Retirement 2055 Fundno longer reportedOther Private Fund$392,75912Mar 31, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • Mary Jacqueline Angell · Chief Compliance Officercontrol
        since 11/2022 · owns less than 5%
      • John Matthew Benchener · Managing Directorcontrol
        since 12/2020 · owns less than 5%
      • Acheampomaa Amma Boateng · Managing Directorcontrol
        since 01/2024 · owns less than 5%
      • Patrick Joseph Brennan · Managing Director And Chief Risk Officercontrol
        since 09/2018 · owns less than 5%
      • Lynn Tara Bunch · Directorcontrol
        since 11/2021 · owns less than 5%
      • Nicholas Jon Couture · Managing Directorcontrol
        since 12/2024 · owns less than 5%
      • Gregory Davis · Managing Director, President, Director And Chief Investment Officercontrol
        since 07/2017 · owns less than 5%
      • Ulysses Emerson Fullwood · Directorcontrol
        since 01/2008 · owns less than 5%
      • Mark John James · Managing Directorcontrol
        since 12/2016 · owns less than 5%
      • Joseph Francis Loughrey · Directorcontrol
        since 10/2009 · owns less than 5%
      • Mark Loughridge · Lead Independent Director And Chairman Of The Boardcontrol
        since 03/2012 · owns less than 5%
      • Charles Scott Malpass · Directorcontrol
        since 03/2012 · owns less than 5%
      • Davis Christopher Mcisaac · Managing Directorcontrol
        since 03/2012 · owns less than 5%
      • John Murphy · Directorcontrol
        since 06/2024 · owns less than 5%
      • Lubos Pastor · Directorcontrol
        since 01/2024 · owns less than 5%
      • Francois Andre Perold · Directorcontrol
        since 12/2004 · owns less than 5%
      • Salim Ramji · Chief Executive Officer And Directorcontrol
        since 07/2024 · owns less than 5%
      • Bloom Sarah Raskin · Directorcontrol
        since 07/2017 · owns less than 5%
      • Fergus Grant Reid · Directorcontrol
        since 07/2023 · owns less than 5%
      • Ann Karin Risi · Managing Directorcontrol
        since 07/2015 · owns less than 5%
      • Terrell Tonya Robinson · General Counsel, Managing Director, And Secretarycontrol
        since 10/2024 · owns less than 5%
      • Thomas Michael Rollings · Managing Director And Chief Financial Officercontrol
        since 06/2016 · owns less than 5%
      • Nitin Tandon · Managing Director And Chief Information Officercontrol
        since 11/2021 · owns less than 5%
      • Anthony David Thomas · Directorcontrol
        since 07/2021 · owns less than 5%
      • Marie Lauren Valente · Managing Directorcontrol
        since 09/2020 · owns less than 5%
      • Frederick Peter Volanakis · Directorcontrol
        since 12/2008 · owns less than 5%
      Entity owners
      • Vanguard Index Funds · Stockholder
        direct · owns 25% to 50%
      • Vanguard Admiral Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Bond Index Funds · Stockholder
        direct · owns 5% to 10%
      • Vanguard California Tax-Free Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Charlotte Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Chester Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Explorer Fund · Stockholder
        direct · owns less than 5%
      • Vanguard Fenway Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Fixed Income Securities Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Horizon Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Institutional Index Funds · Stockholder
        direct · owns 5% to 10%
      • Vanguard International Equity Index Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Malvern Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Massachusetts Tax-Exempt Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Money Market Reserves · Stockholder
        direct · owns 5% to 10%
      • Vanguard Montgomery Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Municipal Bond Funds · Stockholder
        direct · owns less than 5%
      • Vanguard New Jersey Tax-Free Funds · Stockholder
        direct · owns less than 5%
      • Vanguard New York Tax-Free Funds · Stockholder
        direct · owns less than 5%
      • Vanguard Ohio Tax-Free Funds · Stockholder
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list Vanguard Group Inc as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Scottsdale, AZ15 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • unusually large average accountStatic outlier · filing Aug 21, 2026
        RAUM per account of $48,652,039,947 against a peer median of $426,672,517 (326 comparable advisers, 100.0th percentile, 158.2 robust deviations)
        peers: asset managers, $20B and over (326) · 100% percentile
      • employee count surgeChange between filings · filing Mar 30, 2026
        employees (Item 5.A) moved from 651.0 to 1,702.0 (+161.0%) between the annual amendments of 2025-04-30 and 2026-03-30; the peer median change was +3.0% (462 comparable advisers, 100.0th percentile of changes)
        peers: asset managers, $20B and over (462) · 100% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 212 to 228
        Feb 3, 2026 to Mar 30, 2026
      • Advisory employees · 330 to 19
        Feb 3, 2026 to Mar 30, 2026
      • Advisory activities · 5 to 3
        Feb 3, 2026 to Mar 30, 2026
      • BD registered reps · 148 to 267
        Feb 3, 2026 to Mar 30, 2026
      • Pooled vehicle clients · 1.0 to unset
        Feb 3, 2026 to Mar 30, 2026
      • Employees · 651 to 1,702
        Feb 3, 2026 to Mar 30, 2026
      • Other offices · 2 to 0
        Feb 3, 2026 to Mar 30, 2026
      • Private funds · 1 to unset
        Feb 3, 2026 to Mar 30, 2026
      • Discretionary RAUM · $10247B to $11093B
        Feb 3, 2026 to Mar 30, 2026
      • Pooled vehicle RAUM · 317600405.0 to unset
        Feb 3, 2026 to Mar 30, 2026
      • RAUM · $10247B to $11093B
        Feb 3, 2026 to Mar 30, 2026
      • Financial planning clients · unset to
        May 20, 2025 to Jul 31, 2025
      • Accounts · 209 to 212
        Feb 12, 2025 to Apr 30, 2025
      • Advisory employees · 445 to 330
        Feb 12, 2025 to Apr 30, 2025
      • BD registered reps · 32 to 148
        Feb 12, 2025 to Apr 30, 2025
      • Employees · 980 to 651
        Feb 12, 2025 to Apr 30, 2025
      • Other offices · 1 to 2
        Feb 12, 2025 to Apr 30, 2025
      • Discretionary RAUM · $7910B to $10247B
        Feb 12, 2025 to Apr 30, 2025
      • Pooled vehicle RAUM · $276M to $318M
        Feb 12, 2025 to Apr 30, 2025
      • RAUM · $7910B to $10247B
        Feb 12, 2025 to Apr 30, 2025
      • Accounts · 208 to 209
        Jan 8, 2024 to Mar 27, 2024
      • Advisory employees · 301 to 445
        Jan 8, 2024 to Mar 27, 2024
      • BD registered reps · 35 to 32
        Jan 8, 2024 to Mar 27, 2024
      • Pooled vehicle clients · 2 to 1
        Jan 8, 2024 to Mar 27, 2024
      • Employees · 675 to 980
        Jan 8, 2024 to Mar 27, 2024
      • Private funds · 2 to 1
        Jan 8, 2024 to Mar 27, 2024
      • Discretionary RAUM · $6649B to $7910B
        Jan 8, 2024 to Mar 27, 2024
      • Pooled vehicle RAUM · $366M to $276M
        Jan 8, 2024 to Mar 27, 2024
      • RAUM · $6649B to $7910B
        Jan 8, 2024 to Mar 27, 2024
      • Accounts · 219 to 208
        Dec 8, 2022 to Mar 31, 2023
      • Advisory employees · 320 to 301
        Dec 8, 2022 to Mar 31, 2023
      • BD registered reps · 33 to 35
        Dec 8, 2022 to Mar 31, 2023
      • Employees · 520 to 675
        Dec 8, 2022 to Mar 31, 2023
      • Discretionary RAUM · $7796B to $6649B
        Dec 8, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $342M to $366M
        Dec 8, 2022 to Mar 31, 2023
      • RAUM · $7796B to $6649B
        Dec 8, 2022 to Mar 31, 2023
      • Accounts · 273 to 219
        Mar 1, 2022 to Mar 31, 2022
      • Advisory employees · 375 to 320
        Mar 1, 2022 to Mar 31, 2022
      • BD registered reps · 170 to 33
        Mar 1, 2022 to Mar 31, 2022
      • Pooled vehicle clients · 61 to 2
        Mar 1, 2022 to Mar 31, 2022
      Signals
      31 dated events
      • Vanguard Group Inc reported RAUM $10.2T, up 30% from $7.9T (2025-02-12 to 2025-04-30)
        Apr 30, 2025 · RAUM change · derived
      • Nicholas Jon Couture (Managing Director) appeared on Schedule A of Vanguard Group Inc
        Dec 18, 2024 · Control person joined · fact
      • Terrell Tonya Robinson (General Counsel, Managing Director, And Secretary) appeared on Schedule A of Vanguard Group Inc
        Oct 24, 2024 · Control person joined · fact
      • Joseph Mortimer Buckley (Chairman Of The Board And Chief Executive Officer) no longer on Schedule A of Vanguard Group Inc (listed 2024-07-24, absent 2024-08-06)
        Aug 6, 2024 · Control person left · inference
      • Salim Ramji (Chief Executive Officer And Director) appeared on Schedule A of Vanguard Group Inc
        Aug 6, 2024 · Control person joined · fact
      • Elizabeth Anne Robinson (General Counsel, Managing Director, And Secretary) no longer on Schedule A of Vanguard Group Inc (listed 2024-05-23, absent 2024-06-27)
        Jun 27, 2024 · Control person left · inference
      • John Murphy (Director) appeared on Schedule A of Vanguard Group Inc
        Jun 27, 2024 · Control person joined · fact
      • Marie Deanna Mulligan (Director) no longer on Schedule A of Vanguard Group Inc (listed 2024-03-27, absent 2024-05-23)
        May 23, 2024 · Control person left · inference
      • Acheampomaa Amma Boateng (Managing Director) appeared on Schedule A of Vanguard Group Inc
        Jan 8, 2024 · Control person joined · fact
      • Lubos Pastor (Director) appeared on Schedule A of Vanguard Group Inc
        Jan 8, 2024 · Control person joined · fact
      • Mark Thomas Rampulla (Managing Director) no longer on Schedule A of Vanguard Group Inc (listed 2023-08-15, absent 2024-01-08)
        Jan 8, 2024 · Control person left · inference
      • Fergus Grant Reid (Director) appeared on Schedule A of Vanguard Group Inc
        Aug 15, 2023 · Control person joined · fact
      • Jacqueline Angell (Chief Compliance Officer) appeared on Schedule A of Vanguard Group Inc
        Dec 8, 2022 · Control person joined · fact
      • John Schadl (Chief Compliance Officer) no longer on Schedule A of Vanguard Group Inc (listed 2022-07-06, absent 2022-12-08)
        Dec 8, 2022 · Control person left · inference
      • Amy Gutmann (Director) no longer on Schedule A of Vanguard Group Inc (listed 2022-01-14, absent 2022-03-01)
        Mar 1, 2022 · Control person left · inference
      • Nitin Tandon (Managing Director And Chief Information Officer) appeared on Schedule A of Vanguard Group Inc
        Jan 13, 2022 · Control person joined · fact
      • Thomas John Marcante (Managing Director And Chief Information Officer) no longer on Schedule A of Vanguard Group Inc (listed 2021-11-22, absent 2022-01-13)
        Jan 13, 2022 · Control person left · inference
      • Lynn Tara Bunch (Director) appeared on Schedule A of Vanguard Group Inc
        Nov 22, 2021 · Control person joined · fact
      • Anthony David Thomas (Director) appeared on Schedule A of Vanguard Group Inc
        Aug 5, 2021 · Control person joined · fact
      • Maurice James Norris (Managing Director) no longer on Schedule A of Vanguard Group Inc (listed 2020-10-22, absent 2021-02-16)
        Feb 16, 2021 · Control person left · inference
      • Geiger Martha King (Managing Director) no longer on Schedule A of Vanguard Group Inc (listed 2020-10-22, absent 2021-02-16)
        Feb 16, 2021 · Control person left · inference
      • Marie Lauren Valente (Managing Director) appeared on Schedule A of Vanguard Group Inc
        Feb 16, 2021 · Control person joined · fact
      • John Matthew Benchener (Managing Director) appeared on Schedule A of Vanguard Group Inc
        Feb 16, 2021 · Control person joined · fact
      • Vanguard Group Inc reported RAUM $5.7T, up 26% from $4.5T (2019-04-30 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Liane Sarah Houston (Chief Audit Executive) no longer on Schedule A of Vanguard Group Inc (listed 2019-04-30, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • John Schadl (Chief Compliance Officer) appeared on Schedule A of Vanguard Group Inc
        Mar 31, 2019 · Control person joined · fact
      • Patrick Joseph Brennan (Managing Director And Chief Risk Officer) appeared on Schedule A of Vanguard Group Inc
        Mar 31, 2019 · Control person joined · fact
      • Wayne Brian Dvorak (Chief Compliance Officer) no longer on Schedule A of Vanguard Group Inc (listed 2019-02-04, absent 2019-03-31)
        Mar 31, 2019 · Control person left · inference
      • Heffernan Joann Heisen (Director) no longer on Schedule A of Vanguard Group Inc (listed 2018-05-10, absent 2019-02-04)
        Feb 4, 2019 · Control person left · inference
      • William Frederick Mcnabb (Chairman) no longer on Schedule A of Vanguard Group Inc (listed 2018-05-10, absent 2019-02-04)
        Feb 4, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/VANGUARDreportedpublic record, Form ADV, Sep 17, 2026
      Website
      VANGUARD.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      610-669-1000reportedpublic record, Form ADV, Aug 21, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026