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Vanguard Group to open CFP-poaching battle front in Schwab-Fido-Pershing backyard, after its human RIA grows AUM 72% to $231 billion

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The Malvern, Pa, manager of $7.5 trillion moves aggressively on Dallas metro area where its big rivals employ tens of thousands, showing Vanguard CEO Tim Buckley s faith in the RIA business model
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Vanguard Group appears ready to make a major commitment to its Vanguard Personal Advisor Services robo (VPAS) by dramatically expanding its bolt-on human advisor contingent in the backyard of its biggest competitors.
The Malvern, Pa, manager of $7.5 trillion-plus is eyeing a major expansion in the Dallas/Fort Worth area, where Charles Schwab Corp., Fidelity Investments and Pershing already have major footprints.
Michael Kitces: Consumers actually want to talk to a CFP professional and don t actually want a robo-advisor, ....

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Vanguard Group to open CFP-poaching battle front in Schwab-Fido-Pershing backyard, after its human RIAs grow AUM 72% to $231 billion

The Malvern, Pa, manager of $7.5 trillion moves aggressively on Dallas metro area where its big rivals employ tens of thousands, showing Vanguard CEO Tim Buckley's faith in the RIA business model ....

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