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Vanguard Reorganization

Vanguard finalized its reorganization into two separate investment management teams on Monday.

"To that end, Vanguard has completed a multiyear effort to establish two wholly owned U.S. investment advisors,
Vanguard Capital Management and Vanguard Portfolio Management.
Each consists of distinct investment management teams and independent investment stewardship teams
made up of our deeply experienced leaders and crew."

https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/update-our-us-investment-advisory-structure.html

https://www.thinkadvisor.com/2026/01/12/vanguard-completes-split-into-2-advisory-businesses/

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