Vanguard - Highly Ethical Financial Services Company but...... | Glassdoor
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There are newer employer reviews for Vanguard

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Helpful (2)

"Highly Ethical Financial Services Company but......"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Client Relations Associate in Malvern, PA
Former Employee - Client Relations Associate in Malvern, PA
Recommends
Neutral Outlook
Approves of CEO

I worked at Vanguard full-time (More than 3 years)

Pros

Highly ethical corporation which is a refreshing rarity in today's financial industry.
Comparatively speaking, most of their fund returns lag in bull markets, but the trade off is that
your capital is well protected during bear markets.

Cons

Business practices, in terms of service provided to the client, tends to lean towards elitism.
Employee reviews were critiqued more on a personal level as opposed to a professional level.

Advice to Management

Every client is entitled to quality client service.
Vanguard is a corporation not a college campus. Employees should be evaluated on contributions, not popularity.

Other Employee Reviews for Vanguard

  1. Helpful (10)

    "Client Relationship Administrator"

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

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

    Pros

    Job security, PTO, work/life balance to a point

    Cons

    Low compensation, passive aggressive management, way too politically correct to the point of making everything awkward, management takes all suggestions and criticism and being negative, other employees lie or throw you under the bus to get ahead, the long-term employees are mindless, diversity is above who is best for the job, every year there is more expected of you but compensation decreases. I can go on forever about their stack ranking and how employees are rated at year end but there is not enough room to type everything.

    Advice to Management

    See the cons


  2. Helpful (19)

    "Management has destroyed the service side of the business, Depressing place to try to feed your family or grow a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bond Trader in Scottsdale, AZ
    Current Employee - Bond Trader in Scottsdale, AZ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Site location, licensing for new employees, they cater to diversity, its a job, physical work environment is above average compared to BofA, Merrill Lynch, Schwab, and others in the area.

    Cons

    Don't be fooled by HR's only selling points of great benefits and a great place to grow a career. The benefits are on par with fortune 500 companies benefits. Unfortunately for every good supervisor or manager there seems to be one or two bad applies (other supervisors/managers). A lot of employees find their boss uses them at their expense to look good rather than being a coach, mentor, or leader. Basically doing the right thing can be very harmful to a lot of people's career at VG. Management does not practice what they preach. If you say ANYTHING possibly construed as negative it will be used against you, guaranteed. Many employees will throw others under the bus to get ahead or just flat out lie. Good people are leaving the company and I will be joining them before or in June I hope.

    Advice to Management

    Creating burn out jobs to turn employees every two years is not ethical. Project one is a joke - Didn't you all learn anything about why assembly lines were created? Charles Schwab is not VG.


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

See Most Recent

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