INSIGHT-Vanguard price cuts rattle the brokers who sell its funds

INSIGHT-Vanguard price cuts rattle the brokers who sell its funds

The Vanguard Group, which in 40 years became the biggest mutual fund company by selling low-priced, market-matching funds, is competing with some of its best customers - the brokers and advisers who funnel client assets to its funds -- by offering personalized service to investors with more than $500,000.