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 12,500 Vanguard investors who aren’t just better informed; they’re invested.
Learn More
Market Bounces, Fed Holds and Vanguard Expands
The market rebounds | Tariffs ahead | Short Duration Bond ETF is almost ready | Multi-Sector Income ETF is on the way | Vanguard wins an award but has work to do
AI Disruption, Diversification Delivers
China’s DeepSeek trips bull market | Diversification still works | Linking an outside account is hard
Diversification’s Day
Diversification proved its worth as China’s DeepSeek upended the AI narrative and stock market yesterday.
Your First Investment: A No-Nonsense Guide to Starting Out
A simple portfolio and practical guide for anyone beginning their investment journey.
Trump Returns, Earnings Grow and Vanguard Pays
Trump hits the ground running in his second term | A strong start to earnings season | SEC fines Vanguard $106 million | Required PRIMECAP reading
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.