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Vanguard is an investment management company serving individual investors, financial advisers, and institutions. Its business includes mutual funds, exchange-traded funds, retirement plans, and advice and account services designed to help clients invest toward long-term goals. Vanguard describes its mission as giving investors a strong chance of investment success, supported by a client-focused ownership structure and a broad range of investment choices. The company provides educational materials and tools for investors as well as services for employers and financial professionals. Investment products carry risk, and fees, eligibility, and available services depend on the account and market.