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Vanguard Acquires Just Invest for Direct Indexing


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Vanguard announced it has entered into a definitive agreement to acquire Just Invest, a provider of tax-managed, tailored wealth management technology, including Kaleidoscope™ a highly customizable, direct indexing offer.
“Technology-driven solutions such as direct indexing continue to reshape our industry, driving better investment outcomes and lowering costs for clients,” said Tim Buckley, Vanguard Chairman and CEO. “Wise investments in technology are an important equalizer, enabling us to democratize valuable investment capabilities and products. We are excited to welcome the Just Invest team and direct indexing capabilities to Vanguard to better serve our clients.”
Just Invest is joining @Vanguard Group ! We look forward to enhancing our direct indexing offering for advisors and their clients.https://t.co/710lB5lcyn Just Invest (@JustInvestLLC) July 13, 2021 ....

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Vanguard acquires US wealthtech business

Vanguard acquires US wealthtech business
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