John gooch wellington management company

American investment management firm

Wellington Management Company is a private, independent investment management firm with client assets under management totaling over US$1 trillion based in Boston, Massachusetts, United States.

The firm serves as an investment advisor to over 2, institutions^[2] in over 60 countries, as of 30 June ^[3] Its clients include central banks and sovereign institutions, pension funds, endowments and foundations, family offices, fund sponsors, insurance companies, financial intermediaries, and wealth managers.^[4]

History

In , Philadelphia-based accountant Walter L.

Morgan established the first balanced mutual fund in the United States, the Wellington Fund.^[5] Wellington Management Company was incorporated in

In , the firm hired John C. Bogle, who succeeded Morgan as chairman in In , Wellington merged with Boston-based investment management firm Thorndike, Doran, Paine &