Blackrock Vs Vanguard Aum. One should invest based on their need ability and willingness to take risk - Larry Swedroe Asking Portfolio Questions. As of the end of the second quarter of 2021 the New York City-based asset management company had total assets under management AUM of around 95.
Even though BetaShares has just over half of Vanguards FUM they make more money because their weighted average ETF cost 048 is almost triple Vanguards. For example while there are more than 3000 shareholders in Pepsi Co Vanguard and Blackrocks holdings account for nearly one-third of all shares. Now as competition is increasing both firms have started foray into each other business but being the dominant leader in their respective business it will be difficult for each of them compete in each others arena.
She cites a November 2020 Vanguard report that labels annuities as not a best fit for all defaulted investors.
Bill Gates was not a poor computer nerd who miraculously became very rich. The combination of the assets under management by The Vanguard Group and BlackRock is about 17 trillion. Of course Blackrock is better its better for the advisor who is being paid to steer dollars to Blackrock Vanguard is not paying so of course they are the big bad wolf of advisors. Vanguards total assets under management AUM increased more than sevenfold in the decade and a half since 2005 reaching a value of 73.