Vantaggi
Good 401k Match, Licensing and Development Available, Name Recognition in Industry
Svantaggi
Over the past couple years, Vanguard has become a completely different company. One of the main reasons people liked working there, and were okay with taking a salary on the low end of the industry average, was job security, but that’s gone away, with more and more departments getting the axe, with no thought to employee retention, all to allocate as many assets as possible to Personal Advisor Services. If you don’t work in PAS, you’re treated, and paid, like a second class citizen, and you’re only looked at as a body in a chair that can easily be replaced. Employee satisfaction and retention is completely ignored, all for the bottom dollar so more resources can be allocated to PAS, and they can cut expense ratios every year.