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Vanguard to Open Dallas Office as Texas Becomes a Hotbed

  • Outpost will house financial advisers and tech-support staff
  • Charles Schwab recently moved its headquarters to Dallas area
Updated on

Vanguard Group will open an office in the Dallas-Fort Worth area early next year as Texas becomes a hotbed for firms that provide financial advice and investment management.

The outpost will accommodate financial advisers and tech-support staff, the Valley Forge, Pennsylvania-based company said Friday in an emailed statement. The move affects the Personal Advisor Services group, which doles out investment advice online and oversaw about $231 billion as of March 31.