When you read about the haphazard transition Vanguard made from its former CEO to its current CEO—BlackRock rainmaker Salim Ramji—it makes me wonder if Vanguard is in play. Is it being primed for a takeover? When you read the annual letter from BlackRock CEO Larry Fink, you can sense how proud he is of its size, touting its trillions of assets under management.
What’s his next step? His curtain call? How will he grow from here? When you’re as big as the government, that’s an easy partnership, but what about in the private sector? Wouldn’t this make a Vanguard tie-up a no-brainer? He’s got a guy on the inside now.
Action Line: Stay tuned. I am. Let me hear your thoughts on Vanguard and BlackRock here. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
P.S. Do you know what the trouble is at Vanguard? Get all the facts by downloading my SPECIAL REPORT: The Trouble with BlackRo… er… ummm, Vanguard, today.
P.P.S. Why am I so hard on Vanguard? Find out here in my special confession.
