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Saturday, October 3, 2026The Morning Brief →Sign in
UJB75.08▼ 0.60%SETH30.22▲ 2.68%EFAS15.43▲ 1.71%TYLG32.50▲ 1.30%JDOC61.24▲ 0.50%EAOK27.87▼ 0.89%IDAT36.73▼ 0.52%ITDG31.47▲ 1.60%UGE18.12▼ 1.33%IVRS32.59▼ 0.32%SIMS42.29▼ 1.27%UCC41.52▼ 0.47%AGRH26.21▲ 0.02%ESMV30.89▼ 0.30%RYLG25.87▲ 2.16%BLKC30.91▲ 4.26%XPP19.41▼ 0.73%RAYS9.88▲ 3.46%EAOM28.67▲ 0.04%IBRN33.52▼ 1.71%IWTR34.11▲ 0.05%SIJ18.52▲ 1.43%SCC15.69▼ 0.10%LTL24.59▼ 1.98%SKYU54.17▼ 0.86%FXP20.96▼ 3.59%ITDI31.47ITDH31.47
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Beverly Goodman

In PWD coverage since August 14, 2026 · 6 stories
PWD coverage
M&A

Vanguard buys the last pillar of custody revenue

With ticket charges gone and fund-company revenue sharing fading, the client record and the cash spread are what is left to own — and an asset manager now owns both.
RIA · Sep 22Schwab bought AI access; Altruist owns the client record
The Close · Aug 31Altruist's $4.6 billion cash sale resets the exit math for startup custodians
The Close · Aug 28Vanguard's Altruist bet resets the custody race
Deals & PE · Aug 26Vanguard's Altruist buy is a bet on tax season
RIA · Aug 14Vanguard hires Beverly Goodman to court RIAs
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