Vanguard reviews

3.7

68% would recommend to a friend

(6,299 total reviews)

Salim Ramji

75% approve of CEO

66% positive business outlook

Vanguard has an employee rating of 3.7 out of 5 stars, based on 6,299 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Vanguard employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

6K reviews
1.0
Nov 8, 2010
Recommend
CEO approval
Business Outlook

Pros

Job security. Also a steady paycheck, even though it's low salary. If you still live at home and just got out of college it's a start to build your resume.

Cons

The pay is horrible. No matter how well you perform, you will not get the financial reward you are promised (pay for performance is what they call it.) Perfect example. For the past 2 years in a row I brought in over 100 million dollars each year into the company while a majority only averaged out around 72 million per year. Yet my "bonus" was the same as theirs, a lousy 2k before taxes. They also changed the partnership program to be more "fair" to the newer people. I essentially lost about 6k in partnership. This place makes it impossible to support your family. I'd like to have another child but due to lack of pay it is not financially feasible. And if you want a career in management, you better be good at brown nosing or you're stuck on the phones till the day you retire or die. 8 years of my life equals to 37k a year salary. What a waste of my time.

4.0
Oct 22, 2010
Recommend
CEO approval
Business Outlook

Pros

Vanguard is the number one in the mutual fund industry and their dedication to their clients is unparalleled. Honestly, I am impressed with the commitment to stand by clients. I'm proud to say that I'm a crew member of Vanguard.

Cons

Slow moving; political; can be perceived as outdated; 'niceness' is overplayed; lack of offices throughout the U.S.; base salary is lower than some competitors (overall compensation is competitive)

4.0
Oct 22, 2010

Good company.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company is owned by its clients, which is a great business model and makes it unique from other investment companies. It allows the company to keep costs down. Everybody is focused on doing what is right for the client. That reduces internal competition between organizations and reduces conflicts of interest between profitability and the client's best interests.

Cons

Vanguard's strength also becomes its opportunity. The unique structure also makes it somewhat insulated with a "we're better mindset." In many respects, Vanguard is better. But to have a good career, you need to fit in. The leadership is patriarchal. Leadership seems open to ideas but not much debate or feedback.

Viewing 6142 - 6144 of 6,299 Reviews

Glassdoor has 6,990 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.