Nothing Like it Used to Be - Retirement Specialist Vanguard Employee Review

1.0
Jul 14, 2020
Recommend
CEO approval
Business Outlook

Pros

Good 401k Match, Licensing and Development Available, Name Recognition in Industry

Cons

Over the past couple years, Vanguard has become a completely different company. One of the main reasons people liked working there, and were okay with taking a salary on the low end of the industry average, was job security, but that’s gone away, with more and more departments getting the axe, with no thought to employee retention, all to allocate as many assets as possible to Personal Advisor Services. If you don’t work in PAS, you’re treated, and paid, like a second class citizen, and you’re only looked at as a body in a chair that can easily be replaced. Employee satisfaction and retention is completely ignored, all for the bottom dollar so more resources can be allocated to PAS, and they can cut expense ratios every year.

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5.0
Jul 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Large firm so great to get exposure to different groups.

Cons

Nothing that comes to mind, great place to start and end career.

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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