Vanguard Group to Open Innovation Center in Philadelphia

Vanguard is returning to Philadelphia in order to hone in on developing specific services for the evolving needs of its clients in the digital age.

In 2017, the mutual funds company, headquartered in Malvern, PA, will open the Vanguard Innovation Center in West Philadelphia, with a 20-person team and room for to grow to up to 100 employees.

“The Innovation Center is a tangible commitment that we’ll continue our strong track record of building capabilities that we believe give our clients the best chance for investment success, and we’re pleased to take this significant next step in Philadelphia,” said CEO Bill McNabb in a Philadelphia Inquirer article.

This center will join the over 65 incubators, accelerators and co-working spaces located throughout the 11 county region, fostering innovation in Greater Philadelphia and beyond.