Vanguard’s New CEO Cautions Investors: ‘Volatile Times Are Coming’

Tim Buckley

Tim Buckley, Vanguard’s new CEO, is cautioning investors to not get too comfortable with their current returns, writes Charles Stein for the Philadelphia Inquirer.

“Volatile times are coming,” he said during a recent interview with Bloomberg.

This position represents the difficult balancing act Buckley now faces at the helm. The unique challenge for Buckley is to not only manage Vanguard’s growth, but to ensure investors keep their feet on the ground.

He has the perfect background for this, though, as he started his career working for Vanguard’s legendary founder, Jack Bogle.

“What really sticks with me are the investment principles that were hammered into me early on: costs matter and putting the clients first,” Buckley said.

And while he has to deal with the growing number of competitors who are trying to match Vanguard’s famously low prices, he believes that they still have the edge.

“We are low-cost across the board,” said Buckley. “We give you peace of mind, so you don’t have to think about it or shop around. You won’t find the value Vanguard offers anywhere else.”

Read the entire interview in the Philadelphia Inquirer here, and check out previous VISTA Today coverage of Vanguard here.

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