Toxic environment - Financial Advisor Vanguard Employee Review

1.0
Mar 22, 2024
Recommend
CEO approval
Business Outlook

Pros

building relationships with clients, many great coworkers

Cons

Valueless middle managers. I get 0 feedback from management on how to be a better advisor, but I get an earful of them nit-picking nonsense, fairy-tail metrics. Do you know how Medicare coordinates with employer health insurance - if so, you are not valued here - just get your aging client base to use archaic video "chats," there is no audio connection. I know, when you facetime, skype, or teams chat, you always set up a camera to watch each other and call the other party separately, right...right? CFPs with $400 million under management, making $120-150k, advisory fees totaling $1.2 million, where does the excess go - numerous layers of middle management bean counters stealing paychecks. If you are a new advisor, or if you can't swim on your own, this is a place where you can let your mediocrity shine. If you are technically proficient, good with people, and have any amount of drive, take your talent anywhere but here.

Explore other reviews about Vanguard

5.0
Jun 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good balance and early career development

Cons

Minimal cons to be considered

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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