Wellington CEO on its partnership with Vanguard

Jean Hynes: Wellington has three unique edges that I think help us really serve the Vanguard owners over long periods of time. One would be our culture, the sharing that goes on, the debate that goes on about important topics of innovation, about geopolitics, about what's happening in the world. We all benefit from that ecosystem and that took really decades to build.

Culture has been really important since the first day I arrived at Wellington.  And that's about a series of shared values, being very client focused, being very humble, being very focused on excellence.   Those are just to name a few. Second is our ownership model. We're a private partnership and the most interesting thing about the private partnership is that it formed in 1979.  And now it has scaled our size, it's scaled geography and it's also scaled successions. And then finally, I'll talk about our investment ecosystem. We have broad capabilities across equities, fixed income, hedge funds, and the most important part of that is that it's one ecosystem. It's not siloed across asset classes, it's not siloed across geographies.

Wellington and Vanguard have a very unique partnership that really goes back to the founding of both companies.  The most interesting thing about the relationship is how we use each other's strengths. So Wellington really focuses on investment content. How do we create equity products, fixed income products for example? And my goal as CEO is to continue to strengthen the relationship between the senior leadership at Vanguard, the portfolio managers and so that we can be successful with Vanguard and Vanguard owners for the next 100 years.