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Is Investing Becoming Too Complex? Vanguard’s CEO Weighs In (Video Excerpt)


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Morningstar’s Christine Benz and Dan Lefkovitz interviewed Vanguard CEO Salim Ramji at the Morningstar Investment Conference 2025 in late June for an episode of our podcast, The Long View. Here’s an excerpt from that conversation.

00:00 Introduction

00:15 Is Investing Becoming Too Complex?

03:41 Why Vanguard Refused to Add Crypto ETFs to Its Platform

Listen to the full conversation: The Long View: Salim Ramji: The Industry Uses Complexity As a Mask to Charge More https://youtu.be/eaJxlSLhtT4?si=B1PgipEBoFNA-e01

Watch more from the Morningstar Investment Conference 2025:

2025 Morningstar Investment Conference: How to Invest Today https://www.morningstar.com/markets/2025-morningstar-investment-conference-how-invest-today

What to watch from Morningstar.

Vanguard Offering Financial Advice for Just $100 https://youtu.be/A8FN9ZThEjQ?si=YpxceciwsxXpsny0

Has Vanguard Fixed Its Customer Service Problems? https://youtu.be/WjE4Y4RwLWM?si=Uhjki4tDVSKPP5D3

3 Great New Vanguard ETFs https://youtu.be/8UZyjg15B28?si=5lau7SgYz0wvHRFY

Balancing Relationships and AI What Investors Value in Financial Advisors https://youtu.be/NmW1cUXx9KA?si=cYtBA9ainA7Ly47R

Read more from Morningstar.

Christine Benz https://www.morningstar.com/people/christine-benz

Dan Lefkovitz https://www.morningstar.com/people/dan-lefkovitz

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