The Vanguard Group, Inc. is an American registered investment adviser founded on May 1, 1975, and based in Malvern, Pennsylvania, with about $ trillion in global assets under management as of 31 January 2025. [2][4] It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock 's iShares. [5][6] In addition to mutual funds a...