Vanguard Investments Australia Limited (Southbank, Victoria)

Name: Vanguard Investments Australia Limited
Address: Level 34, 2 Southbank Boulevard, Southbank, Victoria, 3006
Telephone: 61 3 8888 3888

Vanguard Investments Australia Limited is a large advisory firm based in Southbank, Victoria. It manages $104.7 billion of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2016.

Vanguard Investments Australia Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vanguard Investments Australia Limited: assets under management

The assets under management (AUM) of Vanguard Investments Australia Limited is $104.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 29% since the beginning of its operation, and $104.7 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $104.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.38 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is sovereign bonds, which make up 19% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vanguard Investments Australia Limited for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Maurice Norris serves?

The firm provides services to pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of James Maurice Norris is pension and profit sharing plans with 10 clients and $56.43 billion of assets under management. Among the 10 most similar advisory firms, Vanguard Investments Australia Limited has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $104.7 billion for 76 clients. 100% of the firm’s clients are foreign persons or businesses.

Vanguard Investments Australia Limited doesn't advise any private funds.

Careers at Vanguard Investments Australia Limited

The company employs 613 people that are either part- or full-time employees. 6 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Maurice Norris has been acting as President since 1 May 2008. Ian Edgar Dent joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Zealous	Stockholder	1 Mar 1996	75% - 100%	51-0351903
James Maurice Norris	Director	1 May 2008	Other	1783874
Glenn William Reed	Director	1 Dec 2008	Other	5543460
Daniel Raymond Shrimski	Chief financial officer	1 May 2011	Other	6639482
Carl Rodney Comegys	Director	1 Apr 2014	Other	3269114
Andrew Lazar	Chief compliance officer	1 Sep 2014	Other	5898484
Colin Michael Kelton	Managing director	1 Jul 2015	Other	1956093
Michael Ashley Lovett	Director	1 Mar 2016	Other	6639483
Lucy Carr	Director	1 Dec 2016	Other	6775028
Cynthia Lui	Director	1 Aug 2017	Other	6775404
Johanna Platt	Director	1 Oct 2017	Other	6927864
Ian Edgar Dent	Chief compliance officer	1 May 2018	Other	6950702

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Vanguard Index Funds	Stockholder	1 Aug 1976	25% - 50%	23-1999755
Vanguard Group Inc	Stockholder	1 Dec 1993	75% - 100%	105958

Based in Southbank, Victoria

The principal office where Vanguard Investments Australia Limited performs its advisory services is located at Level 34, 2 Southbank Boulevard, Southbank, Victoria, 3006, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 61 3 8888 3888 or by fax 61 3 8888 3777. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at vanguard.com.au.