Pros: easiest 'finance' job available
Cons: zero career advancement, atrocious pay, vg will never sponsor finra/nasd unless they absolutely have to.
Make no mistake, VG is the king. Put it this way, early-mid 2000s, they were just creeping up on the $1T AUM behind only Fidelity. Pay has never been close to adequate here, however back then they more than made up for it due to unmatchable benefits, security and incredibly bright colleagues surrounding you. Vanguard CLEANED HOUSE in terms of other – more... companies when 2008 recession hit. They had always stuck to their guns of low cost etc, so ppl both individual and institutional flocked to get on board. By early 2013 they were approaching $2.5TRILLION!!! Yes. That is how much the wiped out other rip off firms. Good right? No. This is when this company sold out everything it ever stood for. You will be a phone rep. Period. By the time I quit (and the attrition was out of control and hear it still is ) Basically all they hire is know-nothing arrogant 22 yr old local U grads who lead the charge of incompetency that is simply rampant in that firm. The product itself, mutual funds, and most other products are absolutely the best in the biz. Customer should be happy. But internally it was no exaggeration the equivalent of working in an Indian call center with a mix of some completely brilliant, underpaid/utilized ppl, while other half were clueless twits..Made for bad mix and the management had continued to plummet..Moral: Invest there, don't work there. It's a joke – less