Though slow, changes are afoot when it comes to management-fee share.

In other local banking and finance news, Chase files to open more branches in the Philadelphia region and Wells Fargo plans ...

CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both ...

"Lower costs enable investors to keep more of their returns, and those savings compound over time,” said Salim Ramji, ...

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a ...

Vanguard’s new fee cuts are a win for retail investors — helping to boost long-term returns. Here's what a low expense ratio ...

Vanguard chief executive officer Salim Ramji is no stranger to the race to the bottom. Ramji, who joined Vanguard in July from rival BlackRock, said that the firm’s historical fee reductions—which ...

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji. Vanguard signage outside the ...

“At Vanguard, we’re focused on creating value for our investors, not extracting value from them,” said Salim Ramji, Vanguard CEO, in a statement. “Lower costs enable investors to keep more of their ...

The asset manager says the move at 87 funds will save investors $350 million this year.

“At Vanguard, we’re focused on creating value for our investors, not extracting value from them,” said Salim Ramji, Vanguard CEO, in a statement. “Lower costs enable investors to keep more ...

The cuts signal that Vanguard CEO Salim Ramji, who was appointed last year and was the first outsider in the top job since the company's 1975 founding, is "continuing the tradition of lowering ...