Vanguard - Brokerage Team Lead | Glassdoor
There are newer employer reviews for Vanguard
There are newer employer reviews for Vanguard

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Helpful (1)

"Brokerage Team Lead"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Team Lead in Scottsdale, AZ
Current Employee - Team Lead in Scottsdale, AZ
Recommends
Positive Outlook
Approves of CEO

I have been working at Vanguard full-time (More than 5 years)

Pros

Great place to grow your career and get experience in a low risk environement. Tons of mobility into virtually any area of the company. Great benefits, Awesome people and fun environment.

Cons

Slow moving decision making sometimes, pay could be better, and some positions tend to go to "fast tracked" crew with little consideration to other qualified candidates.

Advice to Management

Remove the red tape, Consider modifying how accelerated development program candidates are evaluated to ensure that true HIPO crew get the promotion and those who do not perform as well are not moved on too soon.

Other Employee Reviews for Vanguard

  1. Helpful (19)

    "Calling All SEMI-SKILLED Labor!!! Vanguard doesn't lay anyone off, they just need warm bodies"

    Star Star Star Star Star
    Current Employee - Client Relationship Associate in Scottsdale, AZ
    Current Employee - Client Relationship Associate in Scottsdale, AZ

    I have been working at Vanguard full-time (More than a year)

    Pros

    - They'll teach you finance, actually this is a Con.
    - If you're a girl they'll hire you
    - Flexible schedules
    - Lots of opportunities for OT,
    - IF you have a competent team leader(there's about 1 per floor) lots of opportunities to advance your career.

    Cons

    Since Vanguard doesn't lay people off they accumulate worthless employees who without a doubt have been fired from their previous employer.

    The board that runs the company are masters of paying their employees less but offering lots of benefits that are all tax breaks on the bottom line for the company. Therefore they can pay their employees less and say their total benefits package is one of the best.

    They could teach you finance, HA if the trainers knew the difference between live stock and preferred stock. If you don't know anything about finance the trainers appear to have a wreath of knowledge but if you know what the Wall Street Journal is the trainers are inept.

    The team leaders come from supervisor backgrounds such as, hotel front desk, banquet preparation, Kohls, amature skier, golf pro, gov clerk, and Vanguard accelerated Development program, these VADP kids are all girls psych, poly sci, communication, and ASU laughable BIS degree (2 minors makes a major). Did I mention anyone with a business background nope. Good luck finding a knowledgable TL.

    Advice to Management

    Get rid of the people that suck at there job


  2. Helpful (9)

    "Are You Feeling Lucky?"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Malvern, PA
    Current Employee - Software Developer in Malvern, PA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Vanguard full-time (Less than a year)

    Pros

    Ridiculously good job security
    Good benefits package. You get lots of time off, teams are starting to warm up to telecommuting and flex hours, and the pay isn't super bad right out of college.
    The place is barren after 6:00 PM. Very good work/life balance.

    Cons

    Ridiculously good job security (lack of layoffs and firings breeds complacency and laziness.)

    They're very far behind technologically, but I feel that this is no different than anywhere else in the financial industry. If you get on the right team, this isn't as bad, but the peak is somewhere considerably below other industries.

    Here's the biggie - you aren't being hired for a specific position. This means that you can be hired for a position that doesn't take advantage of your strengths, and in some cases, any of your skills. Vanguard likes to do this because they believe that they're hiring you for a career, not a job, and in a couple of years, you'll be able to move on to something you, um, enjoy. Thing is, anyone who is confident, intelligent, and generally, worth employing, will leave and take a job that lets them do what they enjoy *right now.* That's why I've got some interviews scheduled.

    Basically, Vanguard can be amazing for the right person. It can also be awful for that same person. It depends on where you land, and that's anyone's guess until you show up for the first day. It's all about winning the lottery. I applied to be a "Java Software Developer", and I don't get to do Java, or software developer. Are you feeling lucky?

    Advice to Management

    Address the cons.


There are newer employer reviews for Vanguard
There are newer employer reviews for Vanguard

See Most Recent

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