<p>Companies, such as Vanguard, offer investors a cheaper passive/exchange-traded fund model. Kristoffer Tripplaar / Alamy Stock Photo</p>
<p>Companies, such as Vanguard, offer investors a cheaper passive/exchange-traded fund model. Kristoffer Tripplaar / Alamy Stock Photo</p>
Why the active money manager model is no longer viable
The investment method is being disrupted by low-cost passive options
