US investment management giant Vanguard Group has officially unveiled its ‘robo' advice offering in the US, offering investors with minimum assets of $50,000 portfolio management for as little as 30bps annually.
'Unbelievable, flawed, ludicrous': Clive Waller savages Vanguard research on value of advice
Financial advisers could be worth up to 3% a year in net returns to clients, compared to what they could achieve on their own, according to peer reviewed research conducted by Vanguard Asset Management.
Why smart beta might not be such a smart bet...
Vanguard's head of European institutional business Simon Vanstone has died aged 53, the company has said.
Dream team: Advisers pick their ideal investment squad
The price war in the passive space continues to rage but some providers are refusing to play ball...
Vanguard is to cut charges on 25 UK and Irish-domiciled funds, including its LifeStrategy range, as it responds to recent price cuts from other providers in the tracker space.
Super clean and others; why fund groups took different approaches to passing on cheaper costs
US passives giant Vanguard has cut prices on two of its core UK trackers, following the removal of stamp duty on funds.