The company promotes complacency - Assigned Representative Vanguard Employee Review

2.0
Aug 23, 2019
Recommend
CEO approval
Business Outlook

Pros

401k match (10% auto + 4% match), PTO days

Cons

Vanguard use to be a customer service company that happened to sell mutual funds. Now we are a sales company that sells products. Managment promotes people based on self-reporting metrics that aren't monitored. If you want to get promoted, simply fake some metrics. You can be the hardest working associate but still get passed over by someone who is good at hiding their fake reporting, it happens all the time. There are also leadership programs that get priority. People just out of college get shot straight into management without the proper skills and experience simply because they did a leadership rotation. When you start and you're told the schedule is 37.5 hours a week (that is full time here), you should realize this company is okay with mediocre. Don't expect to ever work your way up because upper management has been here for 20 years and will never leave because they dont do anything. The firm expects you to lie to clients constantly. My role is currently being phased out and I'm being moved to another role. We have to tell clients they are losing dedicated representatives for a team approach because it is better customer service. In what world is having any random person help better than someone who knows you? Clients aren't that stupid and they are buying the lies. Things use to be better here, but ever since our new CEO Tim Buckley took over, moral is at an all time low and attrition is at a high. They provide good PTO but your days off are approve by software. Very common to get off middle of the week days but Mondays/Fridays can be tough, meaning an entire week is tough. Any day surrounding a holiday (day before and after Christmas for example) are "lottery days". You put in and pray you can spend time with family. You only get to enter 6 lottery days per year, even though there is almost 20 of them throughout the year.

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5.0
Mar 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Vanguard covered housing for the summer for almost completely free and the people you work with will actively try to develop you.

Cons

The work you do (and therefore your overall experience) can be highly team dependent and team assignment seems to be random

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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