“Ideas are a dime a dozen,” Bogle told SEC Chairman Jay Clayton. “Implementation is everything.”
Originally published on ThinkAdvisor, January 17, 2019
By Melanie Waddell
The founder of Vanguard and creator of the first index mutual fund in 1975, John “Jack” Bogle, who died at his home in Bryn Mawr, Pennsylvania, on Wednesday, also left the Securities and Exchange Commission with advice to mull as it marches ahead with its advice-standards package and the much-debated Regulation Best Interest.
Advisors and industry officials shared their thoughts with ThinkAdvisor Thursday as they remembered the legendary fund icon, saying he “revolutionized” the world of investments and was a “visionary.”
Bogle, 89, was honored six times as one of the most influential people in the advice industry by Investment Advisor Magazine.
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