Pros
You start with great PTO and potential for working 4 days a week. They don't technically lay-off, but they do fire you if your metrics are low. The organization as a whole does not have conflicts of interest in their investing with no greedy shareholders to appease (minus partnership). They truly care about their clients and they should extend this unyielding care to their employees.
Cons
THE PAY. I cannot even fathom how this organization gets away with paying as little as it does. This is true of a ton of jobs in this industry. Just to give you an idea, since leaving Vanguard, I have tripled my salary in just a few years outside of "financial services" aka the absolute worst industry to be in unless you're an investment banker or love sales..... The licenses are basically worthless as the industry forces so many people to have them. They're literally a dime a dozen. If you plan on staying in the low paying financial services world fine, but I didn't and they were worthless when I left. Vanguard tracks literally your every single movement that feeds into your "metrics." These metrics determine your fate with the organization. Use the bathroom? They know. Use it too many times? They'll have a conversation when it pops up on your metrics. Metrics, metrics, metrics. It's so impersonal and dehumanizing. I happened to be a high performer when it came to these metrics, but to many it was very stressful. I didn't like feeling like a number on a piece of paper instead of an employee with great ideas and aspirations. Since leaving Vanguard I have helped to think up ideas for companies to save literally millions of dollars. Could I have done the same at VG? Maybe.... Some of the "management" are very little more than inexperienced kids with degrees. I was fortunate enough to have an amazing manager while at the organization who had over 20 years management experience. As soon as I found out some kid was going to be put in charge, I knew my time was up.....well that and an offer for double my salary from a former employer. As a former "graduate" of one of the financial services management training programs (not VADP, but a higher equivalent at a competitor), I can tell you they're political BS. The kids thrust into these roles that, on average, do not have what it takes to manage people or complex processes. Are there exceptions? Absolutely. So why does Vanguard do this? MONEY. They don't want to pay what true managers command. I have not had a manager since leaving Vanguard that made less than six figures and I hope I never do. You get what you pay for.