Vanguard has plans to establish a new advice and wealth management division focused on enhancing a range of capabilities to improve outcomes for its clients.
Joanna Rotenberg will join Vanguard in January 2025 to lead the new division as a managing director and a member of the firm’s senior leadership team.
Rotenberg most recently served as the president of personal Investing at Fidelity, leading the company’s retirement, brokerage and wealth management businesses. Previously, she spent more than a decade at BMO Financial Group as a member of the bank’s Executive Committee and was a partner at McKinsey & Co. serving clients in wealth and asset management.
Matt Benchener, managing director and head of Vanguard’s Personal Investor business, which currently includes the firm’s wealth management offer, will continue in his role helping Vanguard’s millions of individual direct investors with a focus on digital client experience, brokerage, cash and s
