E*TRADE Financial Reviews

Updated August 1, 2014
Updated August 1, 2014
297 Reviews

2.8
297 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paul T. Idzik
55 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 8 reviews)

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

More Highlights

75 Employee Reviews Back to all reviews

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  1.  

    Senior developer

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

    I have been working at E*TRADE Financial full-time for more than 3 years

    Pros

    Good work /life balance, decent salaries and bonus, good team and nice place to work.
    Latest technologies to learn and grow.

    Cons

    sometimes requires 24/7 support.
    no more work from home allowed.

    Advice to ManagementAdvice

    Please improve perfomance review system.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    You need the right position

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

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

    Pros

    There are some advancement opportunities. The pay is competitive but will likely be on the lower than average range.

    Cons

    If you're stuck in the wrong position (customer service), you will hate life. If that's you, apply to any/all openings you qualify for and hope that some hiring manager saves you. Otherwise, it'll wreck your psyche.

    Advice to ManagementAdvice

    Ease up on the csr. The job is hell and you're not exactly paying a premium to attract the best talent.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Satisfied employee but company is not growing

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

    I have been working at E*TRADE Financial full-time for more than 10 years

    Pros

    rewards top producing employees, lots of time off for employees been there for 5+ years

    Cons

    limited growth potential for someone with an MBA who is not willing to move

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great place to start...

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

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

    Pros

    Very flexible and don't expect much
    Willing to train and educate

    Cons

    No upward mobility
    Very top heavy

    Advice to ManagementAdvice

    If you paid a bit more you'd attract better talent

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    A review of ETade Financial Corporation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Specialist  in  Jersey City, NJ
    Current Employee - Operations Specialist in Jersey City, NJ

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

    Pros

    Its a great enviornment to work in. Finance company with a internet attitude. Started as a temp and quickly became a permanent employee.

    Cons

    Company is not making it marks. It seems as if everyday someone else has been let go.

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Not a bad place to work if you're in the IT department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Information Technology Worker  in  Alpharetta, GA
    Current Employee - Information Technology Worker in Alpharetta, GA

    I have been working at E*TRADE Financial full-time for more than 3 years

    Pros

    Good life work balance; sane work hours and the company management does a nice job of providing team-building events and fosters an overall sense of good spirit.

    Cons

    Working with other teams can be difficult; not the most challenging job I've had in my career.

    Advice to ManagementAdvice

    Break through some of the silos and get teams to communicate and work together more cooperatively. Challenge the status quo and don't just settle for "business as usual."

    Recommends
    Negative Outlook
  8. 1 person found this helpful  

    It has been a decent company to work for

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

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

    Pros

    The best reasons to work for E*TRADE for me are benefits the compensation could be better. I feel the medical and dental insurances are superior. There are also other benefits such as 5% 401k matching and tuition reimbursement

    Cons

    The downside is the micro management on the lower service teams. It is more of a political game when it comes to promotion. Several individuals come to this company with years of experience and I feel they are belittled to fit the call center mode.

    Advice to ManagementAdvice

    Really show your appreciation through the bonuses.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Overall it's a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - QA Analyst  in  Jersey City, NJ
    Current Employee - QA Analyst in Jersey City, NJ

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

    Pros

    Good team and there's a ton of knowledge to be learned.

    Cons

    Non-traditional hours, work/life balance can be difficult, work may become repetitive and dull

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10.  

    DBA at etrade

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  Atlanta, GA
    Current Employee - Director in Atlanta, GA

    I have been working at E*TRADE Financial full-time for more than 5 years

    Pros

    Good Company, nice place to work

    Cons

    Nothing as of now to say

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Overall pretty good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Consultant  in  Sandy, UT
    Current Employee - Financial Consultant in Sandy, UT

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

    Pros

    Good Managers
    Good work/life balance
    Good base salary and earnings potential
    Relaxed work environment

    Cons

    Operational side is still a work in progress, not on the same page with sales. Can be more difficult for customers to open and transfer accounts, compared to larger firms.
    Commission plan changes often, consultants now get charged back for giving customers promotions, if customer moves from stock to cash, and you will get charged back if clients moves money out, causing wild swings in bonus.
    I feel like this job has more Pros than Cons compared with other jobs I've had.

    Advice to ManagementAdvice

    Overall I’ve been happy with management, they give you space and offer help when needed. It would be nice if we could get more help with service issues and just focus more of our time on sales.

    Recommends
    Negative Outlook
    Disapproves of CEO

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