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
1.0
Nov 20, 2019
Recommend
CEO approval
Business Outlook

Pros

ABSOLUTELY NONE- this job makes you feel so underutilized

Cons

If you like sitting there and changing passwords and adding banks for clients about 60 times a day then this is for you. Underpaid and over stressed trying to pass the exams while maybe being terminated if you don't pass- all to not use your licenses when you start your job.

1.0
Jun 13, 2019
Recommend
CEO approval
Business Outlook

Pros

Being able to put “Vanguard” on a resume and meeting some of my closest friends.

Cons

Unfortunately the company has taken a turn for the worst. Over the past 3 years, many things have changed about the company itself as well as the culture. No matter what department you work in, there is always extreme micro managing. There is no growth or getting promoted here, it’s nearly impossible. I’ve heard colleagues compare it to the movie “The Hunger Games.” Essentially you are up against many other internal applicants (sometimes hundreds) and there is only one opening available; the person who is going to be selected for the job is already predetermined before they even conduct the interviews. Keep in mind there are over 16,000 employees just at the Malvern location, and with that being said, it is close to impossible to get a promotion.

1.0
Jun 12, 2019
Recommend
CEO approval
Business Outlook

Pros

In some ways I am glad I started my career here. This company set the bar extremely low for what to expect from company culture, management/leadership and compensation, that it makes almost any other company seem like heaven. I don’t have a lot of positives to convey about my time at Vanguard. I did enjoy the people, everyone has a sense of unity because our job and the resources to do our job were horrible. Paid training for the series exams were great. I would strongly recommend getting those licenses and leaving right away, because in all honesty, you may lose some of that knowledge because you don’t use it to do the job. PTO is nice, if you can get it approved. There is a ‘lottery’ for the days falling before or after a holiday, your likelihood of getting those is extremely slim.

Cons

Here are just a few. There are multiple other topics I could touch on in this section, but just continue to scroll up or down and you will come across them. HR lying – On the job positing I applied to, the role was described with buzz words like, Investment Management, Portfolio Management, Project Management etc. and that could not have been further from the truth. There was nothing mentioned about this being a straight up call center. I also believe that HR writes some of these really short, vague, positive review on this website. Job itself (brokerage investment professional) - One great description is a modern day sweat shop. It is the exact same thing everyday, taking 40-50 phone calls from old people who don’t know how to work a computer or read a form. The conversations you have are monotonous, less than 5% of your calls are truly finance or investment related. They are usually around problems that are due to the outdated technology, incorrect paperwork, or screw ups by your co-workers. In addition to that, you are tied to a strict schedule and every minute of it is monitored. Micro-management - You are only allowed off the phone for 30 minutes for break and 60 minutes for lunch. And that 30 minutes cannot be used in more than 5 minute increments or you will be talked to by your manager. If you go over those 30 or 60 minutes, you will also be talked to by your manager. And if you take too much time between the end of one phone call and the beginning of another (>60 seconds), you will also be talked to by your manager.

Viewing 157 - 159 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.