Client Service Specialists - CSS Representative Vanguard Employee Review

1.0
Aug 11, 2016
Recommend
CEO approval
Business Outlook

Pros

Health Benefits, Retirement Pkg, campus, location

Cons

Team Leaders who know nothing about managing people. promotions based on looks and networking, not performance. The phoney "crews views" annual report. Your group or Team are rated and then you are supposed to find ways to improve the group, but you are never given any time to map out a plan or work on it, It's "what was your talk time", how many times did you shove the advise service up a clients ****. After 19 years of above standard performance ratings-36 letters written to Bogle and Brennen by clients thanking me for what I did for them, a new team leader (25 I think) came in and within 6 months I had a needs improvement mid-year, a verbal warning for wearing a full length black leather coat to work, it was only 10 degrees out side but " was that jacket business attire", to a formal written warning in my file for not responding to my TL's crew chat quickly enough. I had had enough- I submitted for retirement 5 days before my 20th anniversary. Better to get them before they got me. I found out my old TL also had two other older 50+ team members who both had 20+ years on the phones do the same thing within 3 mths of me leaving,submit for retirement. I seethe incompetent 25 year old TL is now a "chief of staff" in the co. Vanguard no longer cares about the crew but more important they don't care about the client. Latest trick is Account Reps HAVE to contact 100 clients per mth and sch-(FORCE) an advice meeting with a CFP-goal force people into advice services. Its the only way for management to make money, fees can only go so low. And the new VBA accounts have restricted clients access to long held investments ideas link auto exchanges, auto withdraws, auto investments directly into funds you now only can go to MM and then exchange into the fund of your choice. I worked in HNW and UHNW and VGI management is going to make that segment so angry with the restrictions those clients will leave and there goes there cash cows.

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3.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Awesome coworkers for young professionals. Paid licensing for a few months.

Cons

Micromanagement is out of control. Incompetent team leaders who are obsessed with power and metrics. Back to back calls, limited support, and nearly impossible effective communication between departments. Zero time to cultivate culture because you are taking calls every second of the day except for 30min/1hr lunch and two 15 minute breaks. You’re locked into your role for over a year (apprenticeship for around 60 days, then a year after promotion to associate) and your team leaders will not approve internal applications unless you are “eligible”.

4
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