Vanguard "entry level" Reviews | Glassdoor.com.au

Vanguard Employee Reviews about "entry level"

Updated 23 Aug 2019

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Found 2410 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
51%
Recommend to a Friend
72%
Approve of CEO
Vanguard CEO Tim Buckley
Tim Buckley
263 Ratings
Pros
Cons
  • "The role itself is a glorified call-center(in 188 reviews)

  • "That is all that you will be doing in the entry level role(in 69 reviews)

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Reviews about "entry level"

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  1. Helpful (21)

    "Sees all crew as disposable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Program Manager 
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Vanguard full-time for more than 8 years

    Pros

    Work/life balance as you "climb the ladder," health insurance, 401k, VTO day, the culture that the entry-level crew see

    Cons

    Vanguard portrays a picture-perfect client first company but does not eat their own cooking. Once you hit a certain level within the company, you see what really happens behind closed doors. Senior leadership often does not get along or buy-in to large initiatives, nor do they have the knowledge needed to make big decisions. The company disposes of top-talent quickly, as they see their crew as a number knowing that so...

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    Vanguard2019-06-11
  2. Helpful (18)

    "Great Learning Experience but Draining"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Relationship Specialist in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Vanguard full-time for more than a year

    Pros

    - Great work/life balance. I never took work home with me. 9:00am-5:30 M-F with optional OT opportunities. - I made a lot of friends that were in the same situation as me (recent grads, new to Charlotte) - Solid training for Series 7 & Series 63. - Great opportunity to learn the ins and outs of personal finance. - Vanguard’s mission is very respectable. While the service is limited, it truly is the cheapest...

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    Cons

    I write this after 6 months of moving on to another company. I worked at Vanguard for almost 2 years. I’ll agree with a lot of the other reviews that the job description did not match the actual role. This job is a call center. That is all that you will be doing in the entry level role. Management is supportive and for the most part they understand the pains of this role. But...

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    Advice to Management

    Be more transperant in the hiring process. Provide more opportunities in Charlotte for crew members that are interested in finance but do not want to be an advisor.

    Vanguard2019-04-08
  3. Helpful (1)

    "Good Entry Level Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Associate - Retail Services in Scottsdale, AZ
    Recommends
    Positive Outlook

    I worked at Vanguard for more than a year

    Pros

    This job was a good entry level job for recent college graduates with minimal financial services training wanting to get into retail financial services. Formal training opportunities (Series 7, 63 etc) were made available to those who were serious about wanting to move up the career ladder within the organization

    Cons

    Pay was low $16 an hour and you could only move from the group after having spent 12 months there

    Advice to Management

    Consider increasing the pay to get better quality incoming students with diverse educational backgrounds

    Vanguard2019-04-10
  4. Helpful (39)

    "Respected company, good place to kickoff your career, but oppressively overbearing pseudoculture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Processing Specialist in Scottsdale, AZ
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Vanguard full-time for more than a year

    Pros

    -Vanguard is a decent place to start off your career in finance. The name carries a lot of respect in the industry. This is a good place to spend a year or so to set up your next career move and break out of the 40k-50k entry-level salary range. -If you're proactive in your development externally like pursuing MBA, CFA, networking to apply to licensed positions beyond the Series 7, you'll likely succeed, (but on the...

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    Cons

    -Oppressively overbearing 'culture'. The management tries to manufacture a "everybody is a big family here" culture by relentless mandatory team activities, potlucks, lunches. I did the Myers Briggs test 3-4 times in one year. You're trapped in a conference room while everyone is reading their results, one by one. Vanguard refuses to let you just be a good employee and mind your own business. You have to attend a...

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    Advice to Management

    The recurring theme of "Kool-aid" and "brainwashing" in the reviews for the last several years are not an accident. But right now Vanguard is intensifying this even more, not making it better. Scale back on the psy ops and stop trying to manufacture a culture that doesn't exist organically. Own the low pay, but stop punishing the employees for it.

    Vanguard2019-02-20
  5. Helpful (22)

    "To recent grads: explore your options"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Vanguard full-time for more than a year

    Pros

    Good retirement plan. Benefits are on par with other large corporations. Free subscription to the WSJ.

    Cons

    Base salaries are too low. Management is a complete mixed bag. Team leaders are, for the most part, useless. A young worker looking to start a career wants one of two simple things from their manager (preferably both): on the job expertise and career development. Many of the supervisors lack both of these qualities. They are overpaid when most of them just baby sit and approve time sheets. Many of the finance jobs that...

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    Advice to Management

    Be VERY careful who you hire into management roles.

    Vanguard2019-02-13
  6. Helpful (20)

    "Not as ethical as they pretend to be"

    StarStarStarStarStar
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Vanguard full-time for more than 5 years

    Pros

    Strong benefits package Plenty of paid time off (if you can schedule it) Good funds for clients

    Cons

    Vanguard likes to say they "always do the right thing." Well, not entirely true. They are just as asset-hungry as every other financial firm out there, and employees are expected to "probe" clients to "uncover" assets that could be transferred to Vanguard. The only difference is, Vanguard won't pay you a commission on the assets you bring in. They'll tell you that's a good thing, because you shouldn't be motivated...

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    Advice to Management

    Join the 21st century, or at least the 1990s.

    Vanguard2019-02-03
  7. "Entry Level"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Approves of CEO

    I have been working at Vanguard full-time

    Pros

    Great company culture. Great Benefits

    Cons

    Low pay. Have to start off in very entry level client relations role. Basically a call center to help low net worth clients.

    Vanguard2019-01-10
  8. Helpful (14)

    "Work here at your own risk"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Processing Specialist in Malvern, PA
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Vanguard for more than a year

    Pros

    If you give your life to this company you'll have a hell of a 401k, perks increase as you stay there longer (PTO for example). There is room for advancement if you know who to kiss up to and basically just try There are some interesting positions available after entry but be prepared to work for them for years

    Cons

    In processing (operations), the management is dull and nearly useless. They will be booked watching you do work, having meetings to discuss your feelings and going through their emails while you work your keyboard to death and stare in to your computer screen. A lot of the entry level work is dull, monotonous and insanely boring though they sell it as being "professional" ...

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    Advice to Management

    Read some books. Even the books cited as part of the "Drive" (heh heh) for changes were being misinterpreted if they were even read at all.

    Vanguard2019-01-10
  9. Helpful (34)

    "Slimy company - heed the words of many"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Advanced Brokerage Specialist/CRS in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I worked at Vanguard full-time for more than a year

    Pros

    free coffee - Some of the people Ive met here are amazing people. intelligent and kind...unfortunately, they don't sit at the top

    Cons

    Forgive me for my rambling! I’ve worked at vanguard since early 2017 and thought I was entering a company and job that was a strong entry level role in a top standing company. A Big ole' Donald Trump "WRONG". Vanguard put so much effort into pushing this grand image of the role and the department that, thinking back on it now, makes me want to VOMIT. I turned down two other...

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    Advice to Management

    Advice? Honestly, I don’t think it’ll matter. I’m made that I turned down past opportunities and spent a 1.5 years at this company. They won’t listen. I believe that they will start to struggle soon from not being able to find people to work for them and clients will leave in kind. I left this company for a 50% pay increase and it’s completely better where I’m at now. If you come to vanguard, get your license and find...

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    Vanguard2018-12-24
  10. "Team Leader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Team Leader in Malvern, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Vanguard full-time for more than 5 years

    Pros

    Client focused and mission driven company. Amazing health and work benefits. If you are driven you can achieve success quickly. Adding new focus to process improvement and crew career development.

    Cons

    Entry-level roles see a lot of burn out from people who don't understand the value of the role. Base salary lower than industry (but benefits more than cover difference) Speed of decision making enterprise wide can be slow.

    Vanguard2018-11-12
Found 2410 reviews