E*TRADE Financial

  www.etrade.com
  www.etrade.com

E*TRADE Financial Reviews

Updated December 15, 2014
Updated December 15, 2014
326 Reviews
2.8
326 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paul T. Idzik
67 Ratings

Review Highlights

Pros
  • Etrade values work life balance and offers opportunities to advance in your career path (in 16 reviews)

  • The Series 7 and 63 training is free and useful in other jobs (in 13 reviews)


Cons
  • could improve in employee work life balance (in 10 reviews)

  • Call center work can eventually wear on an individual (in 14 reviews)

More Highlights

72 Employee Reviews Back to all reviews

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  1.  

    Project Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial

    Pros

    Easy to manage work life balance, which is generally difficult in Bay area companies. Freedom to express your view and implement the same.
    Top management keen to work with ground level employees

    Cons

    Management change has caused some anxiety among the employees. But off late that is settling down. I suppose it should change for good.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    somebody kill me please

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial

    Pros

    They pay you on time.
    They pay for your security license as well.
    Sigmund is the best trainer in the world.

    Cons

    very exhausting atmosphere...treated like machines rather than people once you get on the floor.

    Advice to ManagementAdvice

    Hire Joel Osteen as ceo...maybe it'll be nicer around there.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    FSR

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in Alpharetta, GA
    Current Employee - Financial Services Representative in Alpharetta, GA

    I have been working at E*TRADE Financial full-time (less than an year)

    Pros

    Paid for Training that Translated Elsewhere

    Cons

    Micro Managed Environment (breaks, lunches, etc)

    Doesn't Recommend
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    E*TRADE - Not awful, not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Lead in Sandy, UT
    Former Employee - Team Lead in Sandy, UT

    I worked at E*TRADE Financial full-time (more than 5 years)

    Pros

    Decent, reasonably professional work environment. OK place to start out and get licensed. The UT office is located in a nice area.

    Cons

    Low operational standards frequently result in customer dissatisfaction, and force representatives to be in a near constant state of apology and appeasement. I would never recommend this employer to a friend.

    Advice to ManagementAdvice

    For the love of all that's holy, invest in some technology. It is not OK for you to still be stuck in the 90's.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 3 people found this helpful  

    Not as cool and innovative as they seem on their commericials

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at E*TRADE Financial full-time

    Pros

    Decent pay and some perks with E*TRADE products

    Cons

    1. From the moment you start, you get a sense of how petulant and self-involved Sr Management is. Their leadership for the past several years has been a revolving door.
    2. If you expect to be properly trained, told what you responsibilities are, given a bigger picture or purpose for projects, or are looking for your manager to be interested in your growth and development, this is the wrong place for you.
    3. Your ideas/input don't matter, your manager is going to do whatever he/she thinks is best to please his/her superiors
    3. Above all, this is a fear culture. There were plenty of nice people, but they were stressed out all of the time because of their managers' demands and aggressive management style
    4. Work life balance is abysmal. In some groups you are expected to stay outside of normal working hours every day, regardless if you've finished all your work for the day simply for "appearances".

    Advice to ManagementAdvice

    Start creating a different culture from the top down. Employees are not engaged, are not treated well, and need to see a change in the attitude of their leaders.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Low quality work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in San Francisco, CA
    Former Employee - Financial Consultant in San Francisco, CA

    I worked at E*TRADE Financial full-time (more than an year)

    Pros

    They have clients for you to develop your skills with.

    Cons

    To simplistic of a business model. It is E-Trade. Recall the phrase, "You get what you pay for."

    Advice to ManagementAdvice

    Stop micromanaging your employees, and treat them as adults.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    It's a good company , does not offer a long term home

    Former Employee - Consultant in New York, NY
    Former Employee - Consultant in New York, NY

    I worked at E*TRADE Financial full-time (more than an year)

    Pros

    The people there are great for the most part

    Cons

    Not building a long term home

    Advice to ManagementAdvice

    Give the consultants a risidual on building a book

  9.  

    Anonymous

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time (more than 3 years)

    Pros

    The product they sell and service to clients itself is the best in our industry and the people you work with day to day. Pay is above average for now...

    Cons

    Senior Management, very little communication from mgmt & No work life balance. Mgmt doesn't have a clue what they are doing and keep trying to change thing to say they did something, but in the end makes it more difficult to do business at the day to day level for no reason. They are also trying to pay/bonus/comp money as well with adding more work. When I first joined the company it was MUCH better... now not a fun place to work anymore (since 2012)

    Advice to ManagementAdvice

    Value your people more and don't be cheap when it comes to existing clients. Please also ask your employees if a process will improve their work flow BEFORE implementing a complicated process. Think LONG TERM

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    It all depends who you work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Product Manager in Jersey City, NJ
    Former Employee - Senior Product Manager in Jersey City, NJ

    I worked at E*TRADE Financial full-time (more than 3 years)

    Pros

    The pay was decent initially however after working with another manager but total compensation went down due to lack of bonus.

    Make sure to interview them because this went from being the greatest place to work to my worst nightmare in a matter of months.

    Cons

    Lack of management training for the long term Etrade employees. Try to work for some who is newer to Etrade.

    Advice to ManagementAdvice

    I hear you are doing a great job since I left and that makes me happy to hear. Try to pay more attention to middle management training.

  11.  

    Tough to move up and get noticed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial full-time

    Pros

    There are good people to work with

    Cons

    Management does not value the workers

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

E*TRADE Financial Photos

Office Building top three floors are E*Trade
Sandy Call Center

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