VANCOUVER, BC–(Marketwired – June 14, 2020) – Vanguard, the global leader in financial services, announced today that it is joining forces with VBC Holdings to deliver the world’s largest and most comprehensive range of corporate services and consulting solutions.
VBC and Vanguard will work together to expand the breadth and range of their corporate services offerings, providing customers with the ability to leverage both their existing network of customers and their extensive network of consultants and consultants partners to deliver world-class services.
The company said that its VBC and VBC Services division will continue to be a leading provider of integrated corporate and financial services and investment advisory solutions.
The company’s strategic alignment with VBX will enable VBC to build a world-leading business that enables the world to benefit from the unparalleled breadth and diversity of its business and services offerings.
“Vanguard is excited to join forces with a leading global leader like Vanguard to deliver a broad portfolio of financial services services to customers across the globe,” said Stephen Mancuso, Vice President of Financial Services at Vanguard.
This partnership will provide VBC with the opportunity to leverage our existing relationships and capabilities across the global industry, while at the same time providing a truly comprehensive portfolio of services to its clients across the country.”
Vernon Fischler, CEO of Vanguard, added: “Vanguard will be the first company to bring this kind of integrated business to its portfolio.
It will be a natural fit for VBC because we share similar values, and we share the same vision for the future of financial service.
With this alliance, we’re confident that our customers will be able to benefit most from our services and will be more satisfied with their choices, as we build our business across our portfolio.
VBS, a leading financial services provider, is focused on offering the world a more comprehensive range and breadth of financial products, services and investments to help our customers better understand their financial position.
This will help them focus on investing, growing their business, and making the best choices.
We look forward to the integration of our teams in VBS, and to partnering with VBS and Vanguard to offer customers a comprehensive range, breadth and flexibility in financial products and services.”
In addition, Vanguard’s CEO, Mr. Steven Mancoso, said: “We have been building a strong team for more than 15 years and this alliance with Vanguard will allow us to build on the incredible breadth and variety of services and advisory solutions we offer our customers.”
The merger of Vanguard and VBS will create an industry leader in corporate services.
The combined company will be responsible for providing financial services to clients across Europe, North America, Latin America, the Middle East and Asia.
In 2019, VBS became the first global company to achieve a record $1.3 trillion in total assets under management, up from $845 billion at the end of 2016.
For more information, please visit www.vanguard.com/corporate-services.
SOURCE Vanguard Financial Services Corporation