Pros
Excellent program to get series 7 and 63 licenses. 4% matching and 10% additional 401k contributions. Good health insurance. Generally good work life balance. Vanguard funds and ETFs are genuinely good products. You will learn a ton about the industry. Excellent job security. Very unlikely to be fired/laid off.
Cons
Extreme micromanaged down to every minute in the day. Pay is not competitive. I have worked at Vanguard for almost a decade and my pay has not increased relative to inflation. Expect 0-3% cost of living raises. Promotions lead to a 7% increase in pay, which is insubstantial when the base salary is so low. Vanguard is working with McKinsey who is notorious for milking as much productivity per worker as they can so that upper management can benefit from increased profits. A great example of this is in the movie Office Space, The Bobs work for McKinsey. Middle management is constantly reorganizing positions in an effort to increase efficiency but are more than often doing the opposite. These reoganization increase your workload significantly. They completely change the job functions so you end up in a role that is completely different from the role you applied for. Middle management leverages these reorganizations to get a promotion or increased bonus. After a while, a different middle manager inevitably ends up unwinding these non-sensical changes only for another middle manager to reorganize them once again. Every single one if my roles has been recognized in this way. Trading platforms are purposefully antiquated. The only thing Vanguard cares about is their advice platform. Starting roles are grueling call center work. Lots of bad managers. Micromanaged down to the minute to the point that you have to consider if you have enough break time left to go to the bathroom.