Currently 'Restructuring' their workforce - Anonymous employee Vanguard Employee Review

1.0
Apr 13, 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Met some really great people there. Depending on your boss, you could have a great work/life balance

Cons

Undergoing a complete change over. Actively getting rid of anyone who has been there for any long length of time. A lot of 'restructuring' - their term for laying off or firing. Do not expect to have a long career at Vanguard. Get your FINRA licenses, stay the required amount of time and find a new place to work where you are appreciated. Very true about favorites. Very true about getting college kids in cheaply. Benefits are not as good as they used to be.

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5.0
Jul 3, 2026
Recommend
CEO approval
Business outlook

Pros

Large firm so great to get exposure to different groups.

Cons

Nothing that comes to mind, great place to start and end career.

3.0
Jun 3, 2026
Recommend
CEO approval
Business outlook

Pros

Awesome coworkers for young professionals. Paid licensing for a few months.

Cons

Micromanagement is out of control. Incompetent team leaders who are obsessed with power and metrics. Back to back calls, limited support, and nearly impossible effective communication between departments. Zero time to cultivate culture because you are taking calls every second of the day except for 30min/1hr lunch and two 15 minute breaks. You’re locked into your role for over a year (apprenticeship for around 60 days, then a year after promotion to associate) and your team leaders will not approve internal applications unless you are “eligible”.

4
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