2012 Winner Profile

Vanguard

Project Description:
In 2010, Vanguard launched its Web 2.0 program for financial advisor clients to position itself as the place of "first resort" for advisors to find information to better serve their end clients. Vanguard reengineered its website, created new mobile tools and launched a social media effort for its growing financial advisor business, helping grow and support its Financial Advisor Services business and increase client loyalty among its financial advisor clients (who invest an astonishing $520 billion in assets in Vanguard funds). Client use of mobile apps, Web tools and social media is impressive since the redesign. Overall traffic to the Advisor's site is up 19 percent from 2010. Vanguards innovative Web 2.0 push has shown that technology is a great complement to its sales team. Vanguard data shows that coupling Web usage with a face-to-face sales visit results in an additional 20 percent gain in intent to purchase.
Project type:
Collaboration Tools , Customer Service or Customer Relationship Management (CRM), Mobile or Wireless
Business Functions:
Asset Management and Maintenance, Sales, Customer Service and Support
Business Goal:
Operational
CIO:
John Marcante, CIO
CEO:
Bill McNabb, President & CEO
Headquarters:
Malvern, Pa..
Industry:
Financial Services (e.g. Banking, Broker or Dealers, Exchanges)
Revenue (2011):
$2.6 billion
Website:
www.vanguard.com
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