The Independent Vanguard Adviser
Tested. Invested. Unbiased.
Seasoned insights on Vanguard funds that most investors don’t know—and Vanguard won’t tell you.
Count me in!The only independent newsletter written for Vanguard investors, by Vanguard investors.
The Independent Vanguard Adviser is the go-to resource for the serious Vanguard investor who doesn't want to make moves every minute, but wants every move to count.
Join over 10,000 Vanguard investors who aren’t just better informed; they’re invested.
Learn More
Tariff Tensions: What’s Next for Markets and Investors?
Mexican and Canadian tariffs put on hold | Salvos fired in the U.S.-China trade war | Vanguard lowers fees on nearly 90 funds
Complex Doesn’t Mean Better
FUNDS FOCUS — ALTERNATIVES | Explaining why you can pass on Vanguard’s two most complex funds—Market Neutral and Commodity Strategy.
Vanguard’s New CEO: An Outsider, But Aligned
Sharing my take on a 2021 interview with Vanguard’s soon-to-be CEO, Salim Ramji
A New Leader Comes to Vanguard
Vanguard names Salim Ramji as CEO | Ramji, Davis and Murphy join Vanguard’s board while Mulligan resigns | Vanguard pushes products | Inflation check-in
Don’t Forget Munis
Municipal bond funds offer a simple solution for tax-sensitive investors who want to own bonds.
Digital-First Puts Seniors Second
Trading is hard | Mailbag: Are bonds dead? | Vanguard doesn’t want you to call | Check Vanguard’s work if you’re converting to a Roth IRA
PRIMECAP at 40: Has This Outperformer Lost Its Edge?
Celebrating 40 years at PRIMECAP while asking if it’s still a buy.
Vanguard: ”Don’t call us, we’ll …”
Vanguard has threatened to terminate accounts of investors they feel call too often. Is this any way to run an investment company?
Vanguard and The Vanguard Group are service marks of The Vanguard Group, Inc. We are not affiliated in any way with The Vanguard Group and receive no compensation from The Vanguard Group, Inc.
Hi, I’m Jeff DeMaso.
Welcome to the Independent Vanguard Adviser.
I’ve been a Vanguard investor for over a decade, co-editing the leading newsletter on Vanguard funds and ETFs. I’m a big Vanguard fan, but they are not perfect (nobody is). I’ll tell you the good and the bad when it comes to Vanguard.
Over two decades while working at a multi-billion-dollar investment firm, I held titles of intern to CIO (and everything in between). I’ve seen investors make avoidable mistakes time and time again. I aim to share the investment insights and advice I want my family and friends to have so that you can make meaningful investments for yours.
When investing, I believe in simplicity, diversification and spending time in the market. A simple promise: My family and I will invest in the same funds I recommend to you!
When I’m not poring over Vanguard’s most recent prospectus, you can find me chasing my toddler around the playground or trying to avoid an injury while reliving the glory days on the soccer pitch.