2 ms·
They've dropped in the rankings but still have over $1T AUM. Far bigger than SVB.
by tootie 4y ago
They've dropped in the rankings but still have over $1T AUM. Far bigger than SVB.
- Scoundreller 4y agoI think the AUM comparison is something everyone needs to be careful of. Vanguard has a lot of AUM from me (from my point of view anyway), but it’s (hopefully) 100% passed through to security issuing organizations. They only get to rake a fraction of a percent from me for their operations. Wayyyyy different than a bank with $billions in checking and savings accounts where they can do ??? with it.