Archive for category: Culture
MyCE enables any educator to teach children financial responsibility through fun, experiential learning. It’s a simple classroom economic system based on the idea that students need to earn school “dollars” to rent their own desks. To earn dollars, the students would need to take on classroom jobs, earn bonuses (and avoid fines), save their earnings, and balance their accounts. The top savers can place bids in classroom auctions or opt for other rewards. For upper grade levels, the program offers more sophisticated scenarios. Students can add insurance to their desks or “invest” their savings and watch their stock and bond holdings rise or fall (they also pay taxes).
By bringing real-world scenarios into the classroom, students see the impact of their decisions to save, spend, and budget. Ultimately, the program’s lessons are just as important as those in English, math, social studies, or science. MyCE enables student with the knowledge and tools that can help them navigate through all of life’s financial stages.
Here’s what our crew had to say about the program:
“What’s unique about My Classroom Economy is that it’s essentially 100% volunteer-driven! I’m constantly grateful for the dozens of crew volunteers who power this incredible program, all because they have a genuine passion for improving the financial literacy of our next generation.”
– Andrew K.
My Classroom Economy is a great way to help teach kids about financial education. This is an important topic that can help set young people up for financial success in the future. Financial education is something I’m passionate about and love helping with.”
– Brian W.
“Finance can be confusing, but it doesn’t have to be. As a father and uncle, I’m proud to be a part of My Classroom Economy where we provide experiential learning to students, teaching them the value of money so they can have lifelong financial wellbeing.”
– Sean C.
“I was introduced to MyCE during 2020 at a time when both teachers and parents were struggling to engage their students and children in unique learning opportunities. I realized what an incredible tool this could be to help both children to learn earning, saving, and spending, but also for parents and teachers to bring a fun behavioral management tool to their classrooms and homes. Amazed by the impact of this program built entirely by Vanguard volunteers to address the financial literacy gap I am intimately aware of, I saw the opportunity to make a difference in the futures of our youth and knew I needed to get involved. Fast forward to today, serving as Chief of Staff for the program, I am extremely excited about the new digital offer we are developing to enhance the impact of My Classroom
– Courtney L.
Vanguard’s Innovative Benefits Support Your Well-Being Your Way
In this blog, we introduce Vanguard’s new FlexFund benefit. This forward-thinking offer first started in the tech industry, and Vanguard is one of the first financial institutions to adopt it.
Vanguard Dallas: Join Our Team of Advisors
In this blog, Luke H. shares what he is most excited about serving as a leader at our new Vanguard site in Dallas, Texas.
My Experience at Last Year’s Grace Hopper Conference
In this blog, Kimberly W. shares her experience attending the Grace Hopper Celebration in 2021.
In this blog, several crew open up about their experiences in changing careers and joining Vanguard’s Client Services and Operations group.
Join Vanguard’s Global Risk and Security Division
In this blog, Principal and Chief Information Security Officer, Manish Nagar, shares insights into the work GR&S is responsible for, his personal career experiences, and Vanguard’s new footprint in Dallas, Texas.
This year’s Hispanic Heritage Month theme is “Unidos: Uniting all Vanguard crew through a celebration of Latinx and Hispanic heritage and culture.” The theme recognizes the voices that have shaped the Latinx community and paved the way for inclusion. As Latinx members and allies, there is a wealth of knowledge, culture, languages, backgrounds, and experiences that unite us all.
In this blog, we hear from crew who share what Unidos and Hispanic Heritage Month means to them:
For me, “Unidos” is an everyday state of mind. Maybe it’s rooted in our culture, but in Mexico, we try to do everything together. The community we have when we interact with each other, either in the workspace or during a meal, is really strong. For example, a lunch meeting with clients, family, or friends always features “sobremesa,” which means the time you stay chatting and exchanging ideas. A good “sobremesa” can last for hours and can be a time for real bonding among the participants.
– Mayolo O.
When I moved to Charlotte from Georgia not too long ago, I looked toward my favorite hobby of volleyball for pastime and exercise. Through volleyball, I met families and friends who are Peruanos, Venezolanos, Puertorriquenos, and more. They invited me into their events and dinners, knowing that I was establishing a new life here on my own. That is what Unidos means to me. We are a community of individuals from many places and backgrounds, yet we still value and know the bonds that bring us together.
– Chris M.
Unidos for me means sharing our Latinx heritage and culture with everyone on our Washington, DC team. Whether that’s highlighting Latinx figures who’ve made significant contributions to society, or sharing traditions my family celebrates, Unidos is all about inclusion and welcoming everyone into the Latinx family.
– Chris R.
Hispanic Heritage Month, Unidos, and HOLA are important to me as they bring light to the warm cultures of dozens of countries across the globe that are represented by those living in the US. As an ally who double majored in Spanish, my participation in HOLA has proven to be a valuable aspect of my career in Finance. Not only does the crew resource group cultivate a new network of support, but it also provides the opportunity to make an impact in an area about which I’m passionate. HHM is a great celebration of independence and heritage. It enables us to break stigmas and highlight growth opportunities in our multicultural markets.
– Julia H.
Unidos for me means not only getting together with friends and family but being together as a community. As Latinx people, others often think we have a lot in common, and while we do, there are also a lot of cultural differences amongst Latinx people. So, when the theme came up, my first thought was about really uniting people, learning from the different cultures within the Hispanic and Latinx communities and celebrating both the things we have in common and the differences, while in a safe space provided by our Vanguard familia.
– Angel S-R.
Going into the Grace Hopper Celebration (GHC) in 2021, I’d heard good things about the event, but I really didn’t know what to expect. For those who don’t know, the GHC is a chance for women in computing and technology to connect, celebrate each other’s accomplishments, and learn from one another. After attending the conference, I felt that my views had been broadened to think beyond the immediate user group for a technology capability, and instead, to think about how technology impacts the cultural and community landscape.
Rear Admiral Grace Hopper was one of the first women to receive a doctorate degree in mathematics. She joined the Naval Reserve, while working as an assistant professor, during World War II to work in computing and support our wartime efforts. She was the first to devise the theory of machine-independent programming languages, with coding based on words that are compiled into machine language. The programming language that she created using this theory was later extended to create common business-oriented language (COBOL). For these accomplishments and more, she was posthumously awarded the Presidential Medal of Freedom. All that to say, she’s an inspiration to many!
“Inspiring” is how I would also describe the speakers during last year’s GHC. Women from all different walks of life and career backgrounds reached an audience of all ages and career stages. I joined a variety of sessions and learned new ideas and insights. Here’s what happened in some of my favorite sessions:
While all the sessions were grounded in their use of technology, it was great to see how they touched on so many relevant and timely topics. GHC delivered on its promise to connect, celebrate, and learn! And after the celebration was over, I was granted access to recordings of all the great sessions and plan to continue learning how tech can be used to make a positive impact.
-Kimberly W.
Women in ETFs (WE) is a global nonprofit open to everyone in the ETF industry, with a mission of developing talent, honoring the achievements of women in the industry, and investing in the ETF community. Vanguard is a gold sponsor and has an internal steering committee focused on maximizing our engagements and benefits from WE, as well as helping to create a sense of community among crew who are members.
Janel attributes her achievement to a long-term focus on the investment industry as well as on the importance of diversity, equity, and inclusion. One of her goals as a board member is to widen the scale of possibilities for WE members.
“I enjoy helping people discover ways to develop themselves and broaden their networks,” Janel said. Throughout her Vanguard career, she has prioritized helping new and tenured crew members broaden and deepen their ties with one another.
Vanguard is a strong supporter of this organization and its mission. Membership among Vanguard employees has grown to almost 600.
The value of a first impression
When Janel was pursuing a career with investment management companies, committing to one that sustains a diverse culture was a priority for her. She vividly remembers one career fair where Vanguard stood out.
“I met Vanguard’s Chief Investment Officer Greg Davis and, at the time, he was running the U.S. bond index desk,” Janel said. “I hadn’t seen a lot of African Americans in money management, and to see him in the role knowing the mission and values of this organization, I was automatically attracted to working here.
“You hear firms talking about diversity and inclusion, and then you see a room of white males. Does this company really care about diversity and inclusion? When I met Greg, I thought, ‘Wow, they’re serious. I want to be a part of that.’”
Connecting and growing
Janel became involved with Women in ETFs in 2017. After getting to know other women in the group and then attending a conference a few years later, she was inspired to build her ETF knowledge and broaden her network.
“Hearing female speakers at the conference talk about their tenure and path sounded very similar to mine, and many of them were around since the inception of ETFs,” Janel said. “Even though they were working at different firms, seeing how connected they were and the knowledge around the ETF vehicle made me want to get even more involved.”
Janel will continue to advocate for a diverse mindset, equity in opportunities for everyone, and inclusivity. “There’s always going to be more than we can do,” she said. “We should all be getting ahead together.”
Later, I met a colleague through a networking event at Vanguard, and in his company profile, I noticed he was the President of Toastmasters International and involved with our organization’s local chapter, Vanguard Toastmasters –Voicing Great Ideas. He invited me to come to a Toastmasters meeting as a guest. I immediately connected with their mission of improving public speaking skills, while building leadership and organization skills. Once I signed up to be a member, I started participating in activities such as “Table Topics,” in which you have 1 to 2 minutes to respond to questions selected at random, and taking on roles such as “Ah counter,” where I had to count the number of times members use filler words. Through this experience, I became more self-aware, and developed confidence and poise over time. The warm and friendly environment our club offers was key to making me feel comfortable and encouraged me to improve my skills. I also signed up for the “Pathways” program, which allows members to leverage other competencies, such as project management, leadership development, and online meeting management, just to name a few.
When the pandemic hit, we were afraid of the impact it would have on our club. Thankfully, we have been able to pivot to an “all online” format, where we’ve adapted our style to meet the new norm of presenting virtually, ultimately enhancing our skills further.
I have been a member of Vanguard Toastmasters – Voicing Great Ideas for a few years now, taking on several roles. This experience has helped me advance my career. From interview preparation, to presentation mastery, Toastmasters has trained me to become a better communicator and has allowed me to meet wonderful colleagues. I look forward to our weekly meetings and to seeing all the friendly faces that have supported me over the years.
– Monica D.
In this blog, we wanted to capture the perspectives of our crew who were able to attend. We asked them a few questions about their experience and were thrilled with the positive feedback we received. Here is what they had to say:
“Romba’s OWIB event provided an incredible opportunity to connect, network, and share what #LifeAtVanguard means to me. Attending alongside our Out Professional Engagement Network (OPEN) colleagues was the highlight, as it was my first time meeting many of them in person versus on a screen. It also provided deeper connections and sense of community.”
– Krista D.
“I love the networking aspect of meeting people from other organizations. This is extremely helpful for recruiting and getting the Vanguard story out there, as well as learning from peers in other companies, industries and regions so we can continually raise the bar in both the work we do at Vanguard and our Diversity, Equity and Inclusion (DEI) journey.”
– Jill O.
“The energy, diversity, and passion in the room created such a refreshing sense of belonging and connection. I especially loved hearing stories from all these talented and courageous women from different backgrounds. Hearing each person’s “hustle” or goal they’re working toward was most impactful to me. It was energizing being surrounded by a community of like-minded people. I’m so proud to be part of a company that values this community and works to lift up these voices.”
– Mary O.
Fast forward several years later… Imagine my surprise to be working at a financial services company! Armed with a dual degree in Art History and French, I remember anxiously Google searching, “What is a mutual fund?” prior to my Vanguard interview. That day, I was pleasantly surprised to hear my interviewer share that, “We have world class professionals here to teach you finance. What we’re looking for are candidates who know how to speak to people.” With that comment in mind, I took to the familiar task of learning. Studying for my Series 7 and 63 licenses were the first requisites prior to starting my first role – a challenge that while at first intimidating, ultimately fueled my desire to further my acumen in the investment industry. Shortly thereafter, I pursued my Certified Financial Planner® designation in order to further my credentials and to feel confident in the complex tax conversations I was having with clients. Together, these steppingstones culminated in my current role as the Service Recovery Supervisor in our Education Savings Contact Center, where I am able to continue learning, growing, and investigating unique client situations daily.
This position also gives me the distinct pleasure of serving in a role with a mission that resonates with me deeply: to improve the lives of our account owners with investments for education. One of the most common investment goals (second only to retirement), is saving for education, and an ambition that I connect to on a personal level. And though very different from where I envisioned myself, I love coming to work every day to help resolve issues for those seeking to meet their education goals – whether saving for college, looking to help a grandchild through their K-12 schooling, or even chipping away at student loan debt.
This year my husband and I welcomed a beautiful baby boy, and with eyes to the horizon, we opened our own 529 account for him in celebration. The balance is still modest for the moment, but I feel confident given the same reassurances we give our account owners day-in and day-out: every little bit will count, and we have the benefit of time on our side.
— Lauren H-F.
Leading an ultra-high net worth wealth management business and sponsoring the launch of a private investment product, all with an infant on my lap, was not how I pictured my career. Given my degrees in the arts, a career at an investment management company didn’t even seem in the realm of possibility. So, the idea of doing it all while holding my baby would never have occurred to me- outside of a random fantasy about living a functional version of Diane Keaton’s Baby Boom boardroom scenes.
Yet, my arts background has made me comfortable with and invigorated by ambiguity—I find joy in the strategy needed to launch a business solution—as it provides me with the opportunity to create. So, when I got the beautiful surprise of my first child shortly after I’d been given one of my biggest career opportunities leading a heavily investment-focused project, I was excited… and then I panicked about whether I could balance my new normal.
Thankfully conversations with my bosses and mentors helped me realize that I could be a good mom and keep my career going. I’m still amazed that amidst the biggest assignment of my career, I was able to take a fully paid four-month maternity leave and return to pick my work up right where I left off.
Now in my mid-forties, I often find myself cuddling my infant daughter (and at times feeding her puff baby snacks, thus the crunch as I sat down today) during work meetings about Vanguard’s Family Office Wealth Management business, Family Legacy Services, and Private Equity …and I love it. The quirky mix warms my heart. I’m forever grateful to work for an organization that never denied me career opportunities, even as I balanced the joyous shock of my dream-come-true life event of becoming a mother. Vanguard has never wavered on its commitment to help me learn and grow, and to present awesome career opportunities as I lean in.
As a working mom, who cares passionately about her career and utterly adores (and never wants to miss a moment of) her daughter, Vanguard is the place I want to be. A life of baby puffs and big presentations works for me.
— Talli H.
In recognition of both International Women’s Day (IWD) and Women’s History Month, Vanguard’s Women’s Initiative for Leadership Success (WILS) hosted events and programs focusing on a bold theme: “Break the Bias.” The mission behind this year’s theme was to demystify and confront one major bias against women in corporate environments across all industries: the gap between women and men being perceived as strategic thinkers.
Through live speaker events, career progression programs, and company-wide discussions, crew engaged with each other across virtual platforms. Many also participated in a #BreakTheBias campaign by posting photos striking the IWD pose to show their commitment to calling out gender bias and stereotyping.
Lastly, WILS also took this opportunity to recognize and celebrate “women we admire” through a spotlight series. Take a moment to read the insights these crew members shared about their personal career experiences in being strategic thinkers and best practices for breaking gender biases.
Nitu G.
Product Architect in Europe
Nitu opens up about the importance of building a collective vision: “As architects, a lot of our work requires shaping the longer-term strategic architecture vision. For me, formulating a strategic vision can only happen when you take the time to talk to stakeholders and subject matter experts, and take a genuine interest in understanding what they do, what our clients do, and the challenges they face. It’s important to keep focused on understanding the bigger picture and uncovering the core challenges so that you can then collaboratively and strategically figure out what needs to be achieved. Collaboration is the key to shaping your own thinking and that of others. I always remind myself that having strategic vision is meaningless unless it can be driven forward. The best way to do that is for everyone to be part of the same journey and build the vision together.”
Danielle C.
Co-head of PAS High Net Worth Advice and Advice Support Group
Offering guidance to those interested in strengthening their strategic thinking skillset, Danielle shares, “Strategic thinking comes down to how you approach making decisions and considering trade-offs. A few tips: 1. Start with growing your experience working with data. Then, determine how to use data to tell a compelling story. 2. Frameworks, like hypothesis trees, are helpful to tell a story and show how you came to a decision. Read books and articles on decision-making and hang onto memos and presentations on the subject, as you never know when they will come in handy. 3. Think about altitude, time, and scope. 4. Finally, verbalize your thought process. Don’t keep all that great strategic thinking locked up inside your head! Communicate clearly and transparently to your peers, directs, and leaders. This helps bring your stakeholders along.
Ayana P-B.
Head of Emerging Talent and Diversity Recruiting Strategy
Touching on this year’s IWD theme, Ayana shares, “The “break” in break the bias implies interruption. To interrupt patterns of behavior takes humility, courage, and an openness to both learn and teach. For women on a path to develop strategic thinking and break the bias, I’d encourage you to speak up and shine your light to the fullest! Show your expertise, share your knowledge, actively listen, and dynamically engage. You can and will make an impact and add tremendous value by being your authentic self, not questioning your seat at the table, and showing up prepared to lean in.”
Michelle L.
Senior Portfolio Manager in Vanguard’s Investment Management Group
When speaking about women in investment management, Michelle says, “It’s no secret that investment management has long been a male-dominated profession. The first bias we need to break is that women can have and build successful careers in the investment management industry. As a representative of WILS for Vanguard’s Investment Management Group, a strategic area we continue to focus on is our outreach to young women and girls on careers in investment management, as societal biases start very early. It’s empowering to help young women and girls see opportunity in investment management among their bright futures, particularly where bias or lack of role modeling may have chartered a different path for them.
Linda A.
Head of Financial Planning and Analysis and Corporate Accounting in Australia
For women looking to become stronger strategic thinkers, Linda encourages, “Be proactive. Understand the business strategy, understand the challenges faced by your leader, peers, and crew within the organization. Apply a risk culture mindset, collaborate with internal and external stakeholders to bring different perspectives and insights, and don’t be afraid to voice your ideas.”