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Vanguard completed the acquisition of Just Invest.

Synopsis

Vanguard, an American registered investment advisor, completed the acquisition of Just Invest, a provider of tax-managed, tailored wealth management technology. Financial terms were not disclosed. "Technology-driven solutions such as direct indexing continue to reshape our industry, driving better investment outcomes and lowering costs for clients. 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," Tim Buckley, Vanguard Chairman and CEO.

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