Vanguard AUM

Vanguard Assets Under Management (AUM)


2024 Vanguard total assets under management (custody). Vanguard AUM: client assets and number of customers (user accounts).


Vanguard Assets Under Management (AUM)


Vanguard has one of the largest selections of mutual and exchange-traded funds in the world. Because so many investors trust the broker-dealer with their assets, the company has very deep pockets. There are more than 20,000 people who work for the privately-held company. Technically, it is owned by its funds, which in turn are owned by their shareholders.

The company has the following impressive stats:

Vanguard assets under management $8.6 trillion
Number of funds 441
Number of customers 50 million in about 170 countries
Average expense ratio 0.09%

Vanguard is a huge brokerage house by AUM. It is even comparable to Charles Schwab, who has $8.7 trillion in AUM and over 34.8 million customers.


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Is Vanguard Safe?


The Vanguard Group is one of the largest mutual fund companies in the nation that owns hundreds of mutual funds, ETFs, and portfolios, including some of the top performing mutual funds that millions of investors own. They also run Vanguard Brokerage Services for investors who want to buy individual securities such as stocks, bonds, and ETFs.

Vanguard has a lofty reputation in the investing community, but the financial industry attracts a lot of fraud artists, con men, and other criminal elements who are tempted by the combination of large amounts of money and naive investors.

Any individuals who are considering investing with a brokerage firm should ask the following questions for starters before trusting their money to any company.


Vanguard Assets Under Management


Is Vanguard a member of SIPC?


Yes. SIPC is the government organization that will return customer money in case brokerage business failure of up to $500,000 per account. This means that if Vanguard Group were to go bankrupt or fail for some reason, SIPC guarantees each account up to that limit, with $250,000 of investors cash protected within that account. This is very similar to FDIC rules.

What SIPC does not guarantee that any asset will generate a positive return, so investors are always at risk for a firm they own stock in to fail and render their investment worthless.


Is Vanguard Brokerage Services a member of the FDIC?


Yes. All customers of Vanguard's banking products receive full FDIC insurance coverage.


Vanguard AUM


Is Vanguard Brokerage Services a member of the FINRA?


Yes. If a client believes that there was a fraud committed at the Vanguard, he or she could contact FINRA to have any stolen or lost funds returned.


Find a Financial Advisor


If you are looking for a professional money management service in your area, you can find a Financial Advisor on the Wiser Advisor (or read Wiser Advisor review).

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Vanguard BBB Rating


Vanguard BBB (Better Business Bureau) rating is B. You could see the details under this link. There are only 50 negative Vanguard reviews at BBB website, which for a 47 years old business with millions of customers, is great.


Vanguard AUM Summary


Vanguard is one of the ten largest brokerages in the country and is a legitimate firm that agrees to abide by the rules of its governing bodies. Nevertheless, since corporations consist of people, there is no guarantee that an unscrupulous individual won't try to defraud an investor. It's the investor's responsibility to understand fully all financial contracts, investments, account limitations, and rules pertaining to particular securities before opening an account with any brokerage firm.


Vanguard Funds


Vanguard offers over 160 funds based in the U.S. and over 80 international based funds. This large selection of funds allows any investor the opportunity to create their desired portfolio while still maintaining a proper level of diversification. Specifically, Vanguard groups their funds in several asset classes that include: Index funds, Money Market funds, Bond funds, Balanced funds, Stock funds, International funds, and sector specific funds. Each individual has their own degrees of risk and investing goals. With the multitude of funds available, each investor has no shortage in funds to choose from to build the portfolio they desire.

In addition to the available mutual funds offered at Vanguard, there are various other investment vehicles that serve the long term investor well. Most notably are the numerous retirement vehicles which include 401(k) rollovers, IRA’s, and annuities. All investors are well aware of the daunting challenge to save for their retirement. Vanguard provides clear, concise information about the pro’s and con’s of each of these retirement vehicles. Investors can comfortably make an educated decision when choosing with Vanguard retirement fund best suits their needs.

Keep in mind that Vanguard always provides free commissions when trading any of its mutual or exchange-traded funds.


Updated on 1/22/2024.


About the Author
Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for Brokerage-Review.com, Chad can usually be found managing his portfolio or building a new home computer.