Vanguard Reviews

Cons

High volume phone center
Have to be flexible to stay late if on calls.
Must be able to adapt to new job responsibilities and changing processes

Cons

At times we have been known to be slow to change, but I see that improving daily

Cons

Have to pass series 7 and 63 but ample time and great study materials provided!

Cons

-There is a forced ranking system performance review system here. Do not let them lie and convince you that it does not work that way.
-The salary is woefully low for developers who have significant experience. They will bring up partnership and end of year bonus when you mention this. The reality is that both of those bonuses bring your compensation to what your salary should be at a company that pays you what you are worth.
-Too many incompetent developers get pushed into tech lead and management roles. The key to getting promoted here is to latch onto the right side initiative and network with the right person. It really is unfortunate and demoralizing. Some managers are good, but the ratio of incompetents to competents is quite alarming.
-The opportunity to work with various piece of technology is not great here. You will likely be on a web ui team, so if you want other experiences, then they can be few and far between.
-Multiple reviews here describe Vanguard as a cult. Believe them. If you do not drink the koolaid, then prepare to suffer the consequences. They want drones.

Cons

Poor Pay, Management is severely incompetent, the company wants yes men and doesn't expect anyone to question decisions made by management who has no idea of the business impacts from their decisions, will not promote based on qualifications, instead will only promote if you play the "get to know someone and suck up game"

Cons

throw you to the wolves, mgmt/leaders are usually elsewhere when needed, treat you more like a number

Cons

Reorganizations are too frequent and can be distracting. If you are in a technical discipline, it's best to keep your head down, focus on being a better master craftsman, and not get involved in Vanguard's politics and bureaucracy.
Salary increase can be less than inflation even if you score well in their performance ranking system, so you could be working for less in real terms the next year. You may need to leave VG to realize salary growth or grow your skillset to stay competitive.

VG is fantastic place to work for an investment management professional who needs to be in the Philly area or a project manager-type. These are great roles that VG's leaders value highly that can enable a fulfilling, long-term career. For all other professionals, I think it's a mixed bag. Kind of ironic for a company that operates almost entirely digitally.

Cons

Low Salary, No Commission, Hard to move up

Cons

The work is very monotonous. Perfect example of feeling like a "drone" in the office.

Cons

Large pay disparity between those promoted internally and those hired externally