ExklusivVanguard plans German robo-advisors

One of the most important fintech projects of the year is finally taking shape: a small team has been working for months to set up a robo-advisor in Germany for the asset manager Vanguard. The US group once started the ETF revolution, is one of the most important players in the global financial market – and now wants to establish itself more strongly in Europe with a financial investment platform.

In June, Finance Forward revealed the secret project that Vanguard had initiated with the consulting unit BCG Digital Ventures. A spokesman said in the summer that they “currently have no plans to expand our business”.

Six months later, the project is now becoming more concrete – and the company confirms its major project for the first time upon request. According to insiders, the development of the team is well advanced and the launch is planned for the coming year.

You can read all the new details, including the prominent names for management, today on Finance Forward, the finance portal of Personal-Financial.com and OMR. You can register for the daily newsletter here.