Who started Wellington Management?
Daniel Santos
Updated on January 12, 2026
Walter L. Morgan
Wellington Management Company
| Type | Private limited liability partnership |
|---|---|
| Founder | Walter L. Morgan |
| Headquarters | Atlantic Wharf, Boston , United States |
| Key people | Jean Hynes (CEO) |
| Products | Investment management Mutual funds |
Is Wellington Management prestigious?
Wellington has a very prestigious background and name associated with it, so when some hiring managers see that experience on your resume they may be more inclined to pursue you. That said, Wellington has a particular way of running their business which may not suit some just j…
How old is Wellington fund?
Founded in 1929, Wellington™ Fund is Vanguard’s oldest mutual fund and the nation’s oldest balanced fund. It offers exposure to stocks (about two-thirds of the portfolio) and bonds (one-third of the portfolio).
Is Wellington Management a mutual fund?
Tracing their roots to the launch of the first US balanced mutual fund, Wellington Management is one of the world’s largest investment managers. Wellington has a significant presence and long-term track record in nearly all sectors of the global securities markets.
Who is the CEO of Wellington Management?
Yash Patodia
Wellington Management Company/CEO
How many employees does Wellington Management have?
2,2272017
Wellington Management Company/Number of employees
Does Wellington Management pay well?
The average Wellington Management hourly pay ranges from approximately $27 per hour for a Co-Op to $27 per hour for a Co-Op. Wellington Management employees rate the overall compensation and benefits package 4.1/5 stars.
Is Vanguard Wellington a good fund?
The fund is a good option for investors seeking a core holding, especially for an investor looking for a balanced option with a larger percentage toward stocks. The fund provides growth, income and less stock market volatility thanks to the bonds in the portfolio.
What is the oldest Vanguard fund?
Wellington™ Fund
Founded in 1929, Wellington™ Fund is Vanguard’s oldest mutual fund and the nation’s oldest balanced fund. It offers exposure to stocks (about two-thirds of the portfolio) and bonds (one-third of the portfolio).
What is Blackrock Aum?
9.01 trillion USD (Q1 2021)
BlackRock/Assets under management
Who was the founder of Wellington Management Company?
Wellington Management Company was incorporated in 1933. In 1951, the firm hired John C. Bogle, who succeeded Morgan as chairman in 1970. In 1967, Wellington merged with Boston-based investment management firm Thorndike, Doran, Paine & Lewis.
What does Wellington Management do for private equity?
This reflects substantially all portfolio company investments made by Wellington Management’s multi-sector late-stage, dedicated private equity growth funds, which are closed to additional commitments. Due to confidentiality restrictions, one company name cannot be disclosed.
When did Wellington Management merge with Vanguard Group?
In 1967, Wellington merged with Boston-based investment management firm Thorndike, Doran, Paine & Lewis. Bogle left in 1974 and established The Vanguard Group, retaining Wellington to manage some of Vanguard’s funds. In 1979, Wellington’s 29 original partners bought back the firm after a period as a public company.
Who is the female manager of Wellington Management?
Also in 2016, Citywire ranked Jean Hynes one of the top 20 female portfolio managers in the United States. In 2013 and 2014 Wellington’s Retirement and Pension plan was named one of the best 401K plans by BrightScope. Wellington Management was named one of the leading Pan-European fund management firms in the 2014 Thomson Reuters Extel awards.
