Scottrade

  www.scottrade.com
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Scottrade Reviews

Updated Jun 28, 2014
All Employees Current Employees Only

3.3 423 reviews

81% Approve of the CEO

Scottrade Founder, President, and CEO Rodger O. Riney

Rodger O. Riney

(339 ratings)

70% of employees recommend this company to a friend

Review Highlights

Pros
  • The work/life balance is great--I never put in longer than an 8-hour day(in 39 reviews)

  • It's also a great place for young college grads to get resume experience(in 30 reviews)


Cons
  • Small office environment, lack of growth/promotion unless willing to move to St(in 25 reviews)

  • no room for advancement unless you want to change your job title and keep doing the same thing(in 21 reviews)

81 Employee Reviews Back to all reviews
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    • Culture & Values
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    Amazing job for a recent grad after the internship!

    Investment Consultant (Current Employee)

    ProsGreat work/life balance, amazing learning resources, and good opportunities to make money. Management sets you up to succeed in any change they make. The only way to fail with this company is to slack off and think they'll pay you for nothing.

    ConsIt's tough to think of many cons. There are constantly changing metrics to focus on as the company changes its focus. Policy and software changes take a few days to get used to.

    Advice to Senior ManagementKeep up the amazing work!

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

    • Culture & Values
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    I learned what it was like to work in a corporate environment, as well as use critical thinking to accomplish a task.

    Service Center (Current Employee) Saint Louis, MO

    ProsManagement is friendly and knowledgeable.

    ConsI only worked there a few months as an intern, so I don't have any cons

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Busy, fun, lots of learning opportunities and nice benefits.

    Back Office Analyst (Current Employee) Saint Louis, MO

    ProsBenefits, work environment, the company does a good job of valuing your contribution through workplace programs, good benefits, and bonuses, but...

    ConsSalaries seem on the low side, but it's hard to compare due to the perks and benefits.

    Advice to Senior ManagementNone, keep doing what you're doing, but try to get IT out of silos and cooperating better, both with each other and the business end of the company.

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

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    It was a great learning experience

    Anonymous Employee (Former Employee)

    ProsIt is one of the best places to work. Employee perks, prizes, gifts are great bonus. There is room for advancement if you are willing to move to other locations in the country.

    ConsSmall branch size, there may be more coworkers at the corporate level but in branches there are only 2-5.

    Advice to Senior ManagementDon't let the small branch size hinder employees from advancement.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Great place to gain experience!

    Brokerage Intern (Former Employee) Knoxville, TN

    ProsGreat branch manager, laid back atmosphere, great training program

    ConsInterns do not get much responsibility due to regulations

    Advice to Senior ManagementKeep up the great work

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Branch Intern

    Anonymous Employee (Former Employee)

    Prosgreat atmosphere; great team environment; down to earth people; all encouraging; high learning curve (good because you'll learn something everyday and not end up complacent); set work schedule (i was limited to 25hr/wk, so i just worked 8hr days, 3x a week)

    Consemployees informed me that they use about 10% (if that) of knowledge from their series 66 license, which told me that it's far from I.B. or anything like wall st. bad boys (not that theyre on the same level to begin with, of course). not so much con to be honest bc as an intern, you learn almost everything a broker (now called investment consultant) does minus place trades, talk about certain topics (i.e. margin, options, sign-off on paperwork).

    Advice to Senior Managementclose the bridge between branch and HQ (there's currently no room for growth since it's either be at the branch or end up in St. Louis for HQ positions)

    – I'm optimistic about the outlook for this company

    • Culture & Values
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    Great internship experience

    Anonymous Employee (Current Employee)

    ProsIntroduced me to the financial services industry. There was regular performance feedback. The managers were nice and competent. Overall a very good experience.

    ConsAs an intern, I had to do more administrative work than I would have liked, but the training programs definitely made up for it.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Great place to work

    Anonymous Employee (Current Employee)

    ProsCare about your skills and knowledge

    ConsNeed to relocate to excel

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

    • Culture & Values
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    Great company to work for

    Investment Consultant (Former Employee) Orlando, FL

    ProsJob stability, they are loyal to their employees and try to keep you within the company if you are moving. Scottrade has never laid anyone off, even during the recession. This company was a great starting point for my career in this industry.

    ConsThe pay is not that good but the benefits are (401k match and good vacation time.) Also unless you are willing to move to St. Louis there is not much room for growth, the highest you can go is branch manager and they don't make that much

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

    • Culture & Values
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    Good, respectable company

    Anonymous Employee (Current Employee)

    ProsGood company, good pay, learn about the industry

    ConsCeiling to your growth unless you move to St Louis

    – I'm optimistic about the outlook for this company

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