---
title: Vanguard's Founder Explains What Your Investment Adviser Should Do
description: Jack Bogle, founder of the mutual fund giant, shares what makes an investment adviser worth paying for.
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published: '2015-07-27T10:30:01.000Z'
modified: '2024-04-16T06:18:20.000Z'
section: Investing
tags:
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> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![00000.MTS.19_44_08_12.Still004](https://img.money.com/2015/07/00000-mts-19_44_08_12-still004.jpg)

The life of a financial adviser can be very tricky. Many of them believe that leaving a client's investments alone is the best option, but when, year after year, clients come in asking what the best course of action is for their money, what do you tell them? Jack Bogle, who 40 years ago founded the mutual fund giant Vanguard (it now has about $3 trillion of assets under management), explains exactly what a financial adviser should do and what a financial adviser should say.

*Read next: [Jack Bogle Explains How the Index Fund Won With Investors](https://money.com/jack-bogle-index-fund/)*

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