E*TRADE Financial
2.9 of 5 264 reviews
www.etrade.com New York, NY 1000 to 5000 Employees

E*TRADE Financial Reviews

Updated Mar 26, 2014
All Employees Current Employees Only

2.9 264 reviews

                             

51% Approve of the CEO

(no image)

Paul T. Idzik

(45 ratings)

42% of employees recommend this company to a friend
138 Employee Reviews Back to all reviews
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Good job for the young and single

Financial Services Representative (Current Employee)

I have been working at E*TRADE Financial full-time for more than a year

ProsTraining provided to earn your Series 7 is excellent. Base pay is decent compared to most call center jobs. Promotions are easy to come by since the company cleaned house a few years ago. There is unlimited overtime opportunity during tax season.

ConsEmployees that work less than 50 hours a week receive poor performance reviews. You will be required to refer millions in outside assets from existing client base and receive no bonus for your efforts. Your job is to help clients maintain regulatory compliance so you have to maintain a high level of focus for long hours.

Advice to Senior ManagementFocus more on training after Series 7.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Relationship Manager

Relationship Manager (Current Employee)
Sandy, UT

I have been working at E*TRADE Financial full-time for more than 8 years

ProsNice colleague, good working atmosphere

ConsCost cutting, outsourcing to the Philippines and management do not look out for their people.

Advice to Senior ManagementTake better care of your employees,

No, I would not recommend this company to a friend

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1 person found this helpful  

Terrible

Financial Service Representative (Current Employee)
Sandy, UT

I have been working at E*TRADE Financial full-time for less than a year

ProsOkay benefits and good hourly pay for what you were doing.
Get to look at the stock market all day and see a lot of fox news, if that's your sort of thing.

ConsCondescending middle management, little autonomy, Absolutely no one on my floor woke up and wanted to go to work in the morning.

Advice to Senior ManagementGive an accurate description of position in the interview and maybe you won't have a 50% turnover every 6 months

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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This is a good job. It is a call center environment and there are sales quotas.

Financial Services Representative (Current Employee)
Sandy, UT

I have been working at E*TRADE Financial full-time for less than a year

ProsThe overall work environment is really good. They promote from within and the starting salary is very competitive. They do stress the importance of a positive client experience.

ConsThere is a lot of uncertainty regarding what shift you may have to work which makes it difficult to plan all other aspects of your life. Retirement benefits are currently poor. They will match up to 2.5 percent is all.

Advice to Senior ManagementHave recruiters be completely honest regarding the position. I was told this position has no sales aspect. I asked about sales quotas specifically and was told that was not a part of this position. It turns out that your sales ability is a huge part of your performance which affects your evaluation, your bonus potential and your ability to advance your career.

No, I would not recommend this company to a friend

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Great team atmosphere in my branch and solid training.

Financial Consultant (Current Employee)
Farmington Hills, MI

I have been working at E*TRADE Financial full-time for less than a year

ProsGood work life balance and friendly atmosphere

Consno work from home, can be repetitive at times salary and commissions are somewhat capped.

Advice to Senior Managementfix the website, lot of links dont work

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Overall a good place to work

Anonymous Employee (Current Employee)

I have been working at E*TRADE Financial

ProsOverall a good place to work

ConsNone at this point in time

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Financial Consultant

Financial Consultant (Current Employee)
Alpharetta, GA

I have been working at E*TRADE Financial full-time for more than 8 years

ProsPositive team environment and colleagues are great!

ConsVolatile work environment (job and compensation policy changes are slow) environment is a bit stressful (with call volume), and not necessarily family friendly work environment.

Advice to Senior ManagementE*TRADE Management is in survival mode, its important for them to appreciate the impact that production brings to the bottom line and encourage this growth. Something the last regime and this regime struggle with in its vision or game plan moving forward.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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entry level

Anonymous Employee (Current Employee)

I have been working at E*TRADE Financial

Prosto get your license. it trains you quickly but doesnt pay much at all. you will have to go elsewhere to get paid what you deserve

Conslack of pay. they will start you entry level and not give much opportunity to grow and increase your pa.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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product management

Anonymous Employee (Current Employee)

I have been working at E*TRADE Financial

Prosgood benefits, nice people to work with, bright technology team!

Conswork overload, no direction, too vendor dependent, management wants the little people to lead them!

Advice to Senior Managementlead!

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pretty good

Financial Services Representative (Current Employee)
Sandy, UT

I have been working at E*TRADE Financial full-time for less than a year

Prosdecent pay and training overall.

Consstill needs to develop brand

Advice to Senior Managementconcentrate on growing wealth management.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at E*TRADE Financial reviews and ratings — including employee satisfaction and approval rating for E*TRADE Financial CEO Paul T. Idzik. All 138 reviews posted anonymously by E*TRADE Financial employees.