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The Case for Vanguard

The firm still embodies founder Jack Bogle’s spirit.

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New Vanguard doesn’t look much like old Vanguard. Whether it’s selling advice, launching high-conviction active funds only for advisory clients, or offering private equity, it is different.

Alec Lucas does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.