The Meb Faber Show - Better Investing cover image

The Meb Faber Show - Better Investing

Fran Kinniry on The Past, Present & Future of Vanguard | #562

Dec 20, 2024
Fran Kinniry, a Principal and Head at Vanguard Investment Advisory Research Center, shares insights from his extensive experience since 1997. He emphasizes the crucial role advisors play in helping investors maintain discipline during market turmoil. Fran discusses Vanguard's strategic entry into private equity and the importance of fixed-income investments as 2024 approaches. He also highlights the significance of international diversification and the resurgence of high-quality bonds in today’s investment landscape.
50:46

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Financial advisors are essential in promoting disciplined investment strategies that emphasize diversification and behavioral coaching amidst market volatility.
  • Vanguard's expansion into private equity aims to democratize access to investment opportunities while maintaining cost efficiency and enabling long-term portfolio diversification.

Deep dives

Role of Advisors in Modern Investing

The podcast discusses the evolving role of financial advisors and how they are adapting to contemporary market dynamics. Advisors are increasingly focusing on developing disciplined strategies that emphasize diversified portfolios, low-cost options, and behavioral coaching. The conversation highlights the shift from a transaction-based model to a fee-based structure, allowing advisors to better serve clients in navigating the complexities of investing. The emphasis is on equipping investors with the knowledge and tools to maintain a long-term perspective despite market volatility.

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