# Vanguard Group Inc

> Vanguard Group Inc is an SEC-registered investment advisory firm in Malvern, PA, registered since 1976, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 105958
- Filed as: VANGUARD GROUP INC
- Legal name: The Vanguard Group, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Malvern, PA
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105958
- AdvisorCensus page: https://advisorcensus.com/firm/vanguard-group-inc-malvern-pa-105958

## Quick answers

**How is Vanguard Group Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Vanguard Group Inc reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Vanguard Group Inc located?**
Vanguard Group Inc's principal office is in Malvern, PA, according to its Form ADV; the March 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Vanguard Group Inc registered with the SEC or a state?**
Vanguard Group Inc is an SEC-registered investment advisory firm, registered since 1976. Status as filed: Approved. CRD 105958.

**How much does Vanguard Group Inc manage?**
Vanguard Group Inc reports $11,092,665,107,962 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary).

**How have Vanguard Group Inc's assets and staff changed since 2021?**
In the Form ADV data for Vanguard Group Inc: Regulatory assets under management: $6,669,629,346,058 in the October 2021 data and $11,092,665,107,962 in the October 2026 data, up 66%. Total employees: 590 in October 2021 and 1,702 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vanguard Group Inc serve?**
By number of clients on Form ADV Item 5.D: investment companies (228).

**Does Vanguard Group Inc report any disciplinary disclosures?**
Reports 8 disclosure items on Form ADV Item 11: yes answers to 6 questions about regulatory matters and 2 questions about civil court matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.H(1)(b), 11.H(1)(c)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105958

**What changed in Vanguard Group Inc's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Regulatory assets under management (Item 5.F)
- Total: $11,092,665,107,962
- Discretionary: $11,092,665,107,962
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 228 | $11,092,665,107,962 |
| Business development companies | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters

### Firm details
- Registered since: 1976 (50 years)
- Employees: 1,702 total, 19 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 8 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.H(1)(b): Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?
- 11.H(1)(c): Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105958

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Charlotte, NC
- Scottsdale, AZ

### Websites listed on Form ADV (Item 1.I)
- reddit.com/user/VanguardGroup
- vanguard.com
- vanguardjobs.com
- Facebook @LIFEATVANGUARD
- Facebook @VANGUARD
- Instagram @LIFEATVANGUARD
- Instagram @VANGUARDGROUP
- LinkedIn @VANGUARD
- LinkedIn @amma-boateng-487b7220
- LinkedIn @chris-mcisaac
- LinkedIn @gregory-davis
- LinkedIn @joanna-rotenberg
- LinkedIn @joe-brennan-cfa
- LinkedIn @john-bendl-738618133
- LinkedIn @joncouture
- LinkedIn @lauren-valente-9004844
- LinkedIn @natalielamarque
- LinkedIn @nitin-tandon-
- LinkedIn @salim-ramji-4a3630a2
- LinkedIn @vanguardjohnjames
- LinkedIn @vanguard-financial-advisor-services
- Pinterest @Vanguard_Group
- X @VANGUARD_FA
- X @VANGUARD_GROUP
- X @VANGUARD_INSTL
- YouTube @VANGUARD

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,669,629,346,058 | 590 | August 5, 2021 |
| October 2022 | $7,796,091,304,104 | 520 | July 6, 2022 |
| October 2023 | $6,649,219,111,273 | 675 | August 15, 2023 |
| October 2024 | $7,909,760,294,676 | 980 | August 6, 2024 |
| October 2025 | $10,246,596,045,633 | 651 | July 31, 2025 |
| October 2026 | $11,092,665,107,962 | 1,702 | September 21, 2026 |

Regulatory assets under management: $6,669,629,346,058 in the October 2021 data and $11,092,665,107,962 in the October 2026 data, up 66%.
Total employees: 590 in October 2021 and 1,702 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Its Item 11 disclosure answers changed (now yes: 11.H(1)(c); now no: 11.H(2)).
- Employees performing advisory functions went from 330 to 19.
- No longer lists an office in Charlotte, NC.
- No longer lists an office in Scottsdale, AZ.
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vanguard Group Inc (CRD 105958): Form ADV filing data as of October 2026.