Though slow, changes are afoot when it comes to management-fee share.

In other local banking and finance news, Chase files to open more branches in the Philadelphia region and Wells Fargo plans ...

CEO Salim Ramji’s decision to implement the biggest fee cuts in Malvern-based Vanguard Group’s history is a win for both ...

"Lower costs enable investors to keep more of their returns, and those savings compound over time,” said Salim Ramji, ...

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a ...

Vanguard chief executive officer Salim Ramji is no stranger to the race to the bottom. Ramji, who joined Vanguard in July from rival BlackRock, said that the firm’s historical fee reductions—which ...

Vanguard just announced its largest fee cut in the asset manager's history, which is great news for investors. Here's what ...

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement ...

Vanguard on Monday announced reductions to the management fees of 87 investment funds, reportedly the largest such cuts in ...

The asset manager says the move at 87 funds will save investors $350 million this year.