Vanguard - Investment Management Group

Has anyone interviewed/worked at Vanguard in the past? What was the culture like? Despite its size, this forum doesn't seem to have many discussions on it.

I understand that Vanguard is primarily passive management (and the 1/3 of funds that are active are outsourced). I've always wanted to go into buy-side ER, and am wondering how much crossover (if any) there is between active management and indexing at the analyst level.

Thanks.

2 Comments
 

None. All fundamental equity is outsourced. In house it’s either index or quant (again, on the equity side). FI is a different story.

Culture wise — People are really that nice and friendly, and the firm has an almost non-profit feel to it with the focus on doing well for investors. The pay’s relative ass, but people seem happy/good work life balance.

 

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