Vanguard reviews

3.7

68% would recommend to a friend

(6,300 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 6,300 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
3.0
Mar 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Working for Vanguard: Vanguard's mission and products are incredible and have really changed the financial industry in every aspect. Working for a disruptor like Vanguard instills a sense of pride that you are fighting for good in an industry plagued by scandal. The Role: The client relationship role depending on where you wind up is a great way to work on people skills. not just chit-chatting but actual people skills, such as explaining to customers why essential systems are down just when they need them or having to reframe mindsets after other reps new to finance have led clients down the wrong path. This isn't a joke, these are super valuable challenges that you'll face probably unintentionally but it's where you learn a lot. You get your series 7 and 63 licenses and Vanguard makes it very easy for you to pass.

Cons

To prevent emotions from getting in the way here is a list. Telling the whole story would just be too much. These are my findings from within 2 different departments of Vanguards retail group. The other segments of the company from what i gather are run completely differently so only apply that to this retail. -Low pay, they'll remind you of total compensation (benefits for families etc. which are great but if you're fresh outta college those don't mean much) -Call center environment with limited flexibility (managers have all the flexibility in the world compared to you) -Got a finance degree? Keep looking. You didn't go to school for four years learning about CAPM and DCF's to explain how to login to a site, fill out new account paperwork, and change addresses. (yes its an "in" just be willing to do this for at least 2 years before you dust off that degree of yours.) -You've probably heard this at other jobs and seen it for this company, but the retail managers are really just trying to get the heck outta dodge and spend most of their time networking with other groups to get new roles there (cant blame them). Got a client yelling at ya on the phone for something that's not your fault and they want to speak with your manager? Well hopefully if you're really lucky they are around if they're new, otherwise good luck to you friend cause they're most likely out there peddling their resume around. -They'll pitch you the client relationship associate role as a 1 year "do your time" (this isnt a euphemism you are clocked every minute of your day) thing but unless your manager is well connected you'll find yourself at a slightly better but equally frustrating phone role. -everyone's trying to dodge work, nobody want's to do more than they have to This was an honest attempt to not go too crazy on this, but in summary, if you're willing to do the time (again not a euphemism, as a point other groups will be disgusted about your role and say wow how do you stay sane) you'll progress and eventually make a wage that will allow to you have a reasonable standard of living. If you have a passion for succeeding, being rewarded for that success, and taking on big projects keep looking! You can do this!

1.0
Apr 25, 2018
Recommend
CEO approval
Business Outlook

Pros

The health benefits are good.

Cons

I don't even know where to begin. I know a few middle aged adults who work at vanguard and have decent jobs in the business side of the company but unless you started at vanguard 15 yeasrs ago, your going to be put in the call center. And I can honestly tell you, you will never leave. You may be sent to a different area of the call center but you will still be in the call center. I asked my manager how to work in IT or marketing and she said.....do we even have IT and marketing departments? This company isn't what you may have heard from older individuals or family members who work there. It used to be, but now it is a call center job not an actual job. You are expected to know so much information involving IRS regulations and investments but are just stuck in a seat with a headset and fed to the wolves. It is nonstop. The calls are non stop and I mean you do not have time to breathe between a call it keeps going and going and going until you are actually mentally insane and calling suicide hotline on your break. Most managers send the whole teams stats out everyday in a bulk email so everyone can see how bad eachother is doing with staying on call 24/7 or how bad everyone is doing on call reviews. These stats embaress everyone so much that they actually sort of work in fear of being the one person who has red highlighted over their name, saying they are below all of the standards. Every day that company is thinking of new ways and ideas to keep everyone answering calls every second and making them as short as possible and never messing up or saying the wrong word. The difference between this call center and other call centers like Comcast is vanguard, has employees who are very educated and can spend time calculating ways to mentally chain everyone to their headsets. Their manipulative and they are good at it. If you apply for this job, myes well apply to Comcast and Verizon too. My advice, apply to fidelity instead, I heard they are a lot more tolerable.

Viewing 139 - 141 of 6,300 Reviews

Glassdoor has 6,991 Vanguard reviews submitted anonymously by Vanguard employees. Read employee reviews and ratings on Glassdoor to decide if Vanguard is right for you.