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Vanguard’s newly named chief executive Salim Ramji, the first outsider to lead the $9.3t asset manager, has big plans to extend its reach well beyond the 50m people it serves.
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“I really do believe that there can be millions more people who can benefit from what Vanguard has to offer. Part of the opportunity over the next five years, 10 years and beyond is to scale that capability. Even with 50m [customers], there are millions and millions more, even in this country [the US].”
https://www.ft.com/content/0efc66b3-da99-4189-9544-ad00491155a0
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