> Unlike its peers, Vanguard is owned by its funds — and ultimately its investors — so as money rushes in, expenses are persistently reduced, resulting in perpe

> Unlike its peers, Vanguard is owned by its funds — and ultimately its investors — so as money rushes in, expenses are persistently reduced, resulting in perpetual savings for the legions of Vanguard clients. One thing I really like about Vanguard is that it's organized as a mutual company, so I have greater confidence that they're working in my best interests than other financial institutions. If more financial institutions were organized in that way, Vanguard might have more competition. https://www.investopedia.com/terms/m/mutualcompany.asp https://www.investopedia.com/terms/m/mutualcompany.asp