Advizent makes Jack Bogle its standards czar, a no-pay, no-conflict position
The RIA brand will depend on a gold standard of rules and audits
Elmer Rich III
You know, let’s be honest – JB made a PR career self-righteously skewering the competitors of Vanguard while claiming to be holier-than all the rest. It is deeply cynical and no one ever calls him on this clearly conflicted moralizing.
What a surprise – all the business practices he claims are morally superior are of those of the firm he benefits from!
JB has always been conflicted like everyone else. He is no saint nor even especially knowledgeable about anything other than a clever PR campaign. Nothing of more substance than just being a “loudest voice.” Further, the evidence-basis for his statements and claims is thin — at best.
Why has he been given a free ride on his own conflicts and self-serving behavior?
Jamie McLaughlin
This is another feather in Advizent’s cap and a sign that they’ll marshal the resources to support something in execution that will be more than just a noble concept.
Related Moves
Christa Carone, an ex-Fidelity and Xerox marketing whiz, steps onto a slippery slope at LPL with a daunting task -- to consolidate a NASCAR size brand portfolio... or not?
With no CMO since August, the chief marketing officer will play catch up for a company still hungry to buy more branded B2B and B2C players.
April 2, 2024 at 1:28 AM
Tim Buckley sends shockwaves by retiring as Vanguard CEO after adding $750 billion per year during his stay in the executive suite
The 54 year-old lasted just over six years in the job, delivered on targets, but he also made head-scratching decisions and never solved its technology woes
March 1, 2024 at 3:35 AM
Joanna Rotenberg is departing Fidelity Investments after only two years, writing that she traveled 20,000 miles and successfully split her retail division into wealth and brokerage units
At her hire, analysts were adamant the head of Fidelity retail had 'big shoes to fill' to replace legendary Kathleen Murphy and her task of 'digitiizing' retail was no small ask
December 16, 2023 at 2:22 AM
Orion rescinds RTO order after its staff rebels by hijacking company email list, distributing petition and tipping off RIA media
CEO Natalie Wolfsen suffers first setback and rescinds a return-to-office (RTO) policy after week of protest to work on a more collaborative agreement on a post-COVID new normal
November 23, 2023 at 12:20 AM
See more related moves
