Vantaggi
you get 4% company match but that's low for a company that has over 7 Trillion in assets. You get PTO but they combine it with sick days so its not really all that much= roughly 20 days if you have been there 5 years or so, otherwise its less You get a 10% profit sharing deposit into your 401k but only after you have been there 1 year and you cannot keep all of this keep if you leave within 6 years. They recently did away with the health insurance bonus payout if you have been there 20 years. They have a gym but they charge you to use it but wont have time during work hours obviously unless you seriously rush your way in and out. They did away with onsite physical therapy which was awesome. They will give you a laptop but its slow
Svantaggi
Where to start...I waited 3 months to write this review as I wanted to be as impartial as possible. They don't care about employees. They don't care about glaring tech issues. Their technology truly sucks. Error messages on the daily. Imagine if you had to constantly run into issues where you typed something while working with one client and it unexplicably erased everything. What if you had to restart your computer everyday for it to function properly. What if it took 10 minutes to log in everyday. What if clients constantly asked you why a link is broken or why one page's account balances differ from a seemingly identical area of the website and there was no logical explanation. They expect you to still hit your numbers and theres not accountability on their part if the metric dashboard is broken for 6 months you still have to hit the numbers not knowing where you are halfway through the year. One of the true failures of this company is that they have no idea what they are doing when they roll out new technology. They have small group thinkers come up with a strategy and then give teams one 2 hour block to learn the new tech and start using it next week. No one has any idea how to use it and then they once enough people complain, they will suggest using 5 minutes our 15 minute huddles to discuss it as if that will somehow make up for the ridiculous "training". While the company makes a killing in revenue, it lowers the bonus's every year. I had 200 clients in my book and had no real conversations because there simply was no room to add value. The conversations were superficial and anything that required follow up was so time confusing because Vanguard has a way of making it impossible for me to obtain information across departments. Working with internal departments is like doing business with an online only company where you have to read all their FAQ's to get your answers. It is not uncommon to have to spend 30-45 minutes on hold to speak with someone to change a client address because for some reason they dont want to give advisors the ability to do so ourselves. I find advisor managers at Vanguard to be a joke. They do what they can to keep advisors on check but not what they can to help advisors thrive. They are never around for any real time coaching but they will be on you if you have not scheduled our mandatory 2 30 minute one on one meetings where we talk about NOTHING. Dont forget about the "Let me get back to you" that managers love to use but never do get back to you with any substance. After 10 years of dedication to this company, I sadly realized that a six figure salary was not worth my time and energy. They were simply using me as a way of keeping clients happy and apologizing for our shortcomings. You cannot expect to really offer clients any good advice here because after a while you will get cumbersomed by too many processes that are highly inefficient that you wont have time for educating clients. You'll just be thinking about how quickly can i get off this call so i can take care of all the rebalance cases, error messages, emails i have to respond to, team meetings, virtual meetings, online learnings, and the 6 other appointments you have lined up. Honestly, I would not recommend that anyone work here. You will get significantly lower wages than elsewhere. If you are young and have any sliver of aspiration, then dont come to vanguard as it will consume all of your energy. Go somewhere where you can thrive and make money for the amount of BS you will have to put up with. Yes you can make 100-120k as a full book advisor but not before you have to put up with the cheap company who doesn't care about their tech, employees, and glaring inefficiencies.