I was reading this good interview with Jack Brennan who worked as CEO for Vanguard from 1996 to 2008. Traditionally, it has seemed to me that Vanguard has pushed a “Do-It-Yourself” approach to investing. When the ex-CEO states that, “Most people need an advisor. They really do, because they serve as a guide, as a strategist, as a shock absorber for them.”, it is something to think about.
You can find the whole interview here.