Vanguar is a United States investment management company that manages approximately $1.3 trillion in assets. They offer mutual funds and other financial products and services to individual and institutional investors in the United States and abroad. Company headquarters are in Malvern, Pennsylvania. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors, the popularization of index funds generally, and driving costs down across the mutual fund industry.