It will be interesting how Vanguard changes with the shuffling of the leadership!
Vanguard has grown significantly over the last 20 years into a powerhouse in the investment world. While no one knows the future, the growth of the passive segment has boomed. I still actively invest but, I believe passive investing will have a lasting and significant effect upon the investment space.
I am currently reading John Bogle's book "Enough" about his views on the financial industry. He has some great insights into the financial world and I think it speaks to better representation of the investor.
The world is always changing. Those who adeptly evolve with the change will be the voice of the future. Will you be part of it?