TD Ameritrade

www.tdameritrade.com

TD Ameritrade Reviews

Updated January 21, 2015
Updated January 21, 2015
357 Reviews
3.4
357 Reviews
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TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
193 Ratings

Review Highlights

Pros
  • Work-life balance is good if you want to leave the office promptly at 5 (in 21 reviews)

  • Great benefits outside of salary (in 17 reviews)


Cons
  • No sick pay, multiple upper management positions for single teams, TPS reports (in 13 reviews)

  • In our department (Coaching) you are not conservative you might be looked down upon by middle management (in 9 reviews)

More Highlights

116 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great Place to work

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

    I have been working at TD Ameritrade full-time (more than 5 years)

    Pros

    Pay is average to above for going market rate
    Upward mobility is possible
    Great locations and benefits
    Most people are friendly

    Cons

    Talk about open to change, but not really implemented
    Working in Silo. Team collaboration not done effectively
    No work/life balance

    Advice to ManagementAdvice

    Train managers to manage "down" just as well as they manage "up".
    Really institute a reward/revise program around encouraging work/life balance for middle management.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good strong company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative Broker in Omaha, NE
    Current Employee - Financial Representative Broker in Omaha, NE

    I have been working at TD Ameritrade

    Pros

    Good work environment!
    Co workers are great!

    Cons

    Have to be willing to work hard to earn great rewards.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Terrific place to learn and grow as a "Sophomore Financial Advisor"

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

    I worked at TD Ameritrade full-time (more than 5 years)

    Pros

    Training wheels on your day, if you're not inherently organized you will like the management style
    Competitive pay for top performing sales reps - the Trips, bonus schedule can be good if you are successful
    Fairly independent - you can't leave the office, but as long as you are on target, you will be left mostly alone

    Cons

    Micromanagement - the flip side to the above Pro is that if you are already a self-starter, you'll find the management of your activities tedious
    Sales Focused - If you are "consultative", forget about the role. You'll be asked to keep a fairly high call volume and talk to many people

    Advice to ManagementAdvice

    Provide a better road map to growth within the organization, make your salespersons feel more tied into a unifying goal rather than making them run their lives via the comp plan if you want to get more from your rank and file

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Investor Services Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investor Services Intern in Fort Worth, TX
    Former Employee - Investor Services Intern in Fort Worth, TX

    I worked at TD Ameritrade as an intern (less than an year)

    Pros

    -Great pay for internship
    -Gain in depth knowledge of financial instruments through market talks
    -have great mentorship
    -Got to shadow all the various departments that make up the investor services division

    Cons

    -Was disorganized in the beginning
    -Only had one project, and I felt like I did not gain as much as I could have

    Advice to ManagementAdvice

    Great experience, however I would suggest adding more team building exercises and longer market talks.

    Recommends
    Positive Outlook
  6.  

    Pretty decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Specialist in Chicago, IL
    Current Employee - Senior Specialist in Chicago, IL

    I have been working at TD Ameritrade full-time (more than 3 years)

    Pros

    Good starting salary, fun environment and great technology. There have been many good and fun paople that have worked here over the years. There are also good education opportunities.

    Cons

    Once in a while, they will come in and take away some of the bonus or perks. Also the location is really not all that close to any good transportation options.

    Advice to ManagementAdvice

    Stability in long term pay structure.

    Recommends
    Positive Outlook
  7.  

    As a financial representative, the role is a service to sales job. Worked as a team develop each other.

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

    I have been working at TD Ameritrade

    Pros

    Great Culture
    Great Core Values
    Good Flexibility
    Professional Network
    Transparent
    Problem Solving Experience

    Cons

    Sales Driven
    Office Culture can be bias
    There's a lack of accountability.
    Difficult to get certain problems fixed due to the nature of the industry.
    Highly regulated and stressful for those who can't handle the pressure.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Great Company-Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern - Hourly in Omaha, NE
    Current Employee - Intern - Hourly in Omaha, NE

    I have been working at TD Ameritrade part-time (less than an year)

    Pros

    Great company to gain experience and establish skills
    Opportunity for growth
    Great company culture

    Cons

    Entry level positions are on the retail side with the call center; not the most exciting of positions

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good place to work and build a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer II in Omaha, NE
    Current Employee - Software Developer II in Omaha, NE

    I have been working at TD Ameritrade full-time (less than an year)

    Pros

    There are good opportunities for growth on the job and to transition into other roles. Good work - life balance. Physical office space is LEED Platinum.

    Cons

    Teams are in multiple geographic locations, mostly as the result of mergers and acquisitions. This is not a significant problem but can pose some challenges to productivity.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    A great place to work

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

    I worked at TD Ameritrade full-time (more than 10 years)

    Pros

    A great place to get deeply involved quickly and terrific work life blance.

    Cons

    Pay tends to be middle of the road. To get a significant increase you may need to move on.

    Advice to ManagementAdvice

    Be sure to compensate top performers inline with competition. You are falling behind.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    TD Ameritrade

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

    I worked at TD Ameritrade full-time (more than 5 years)

    Pros

    Great culture. Really big into rewards and recognition. They also really empower associates to make decisions. In Omaha they have work out facilities, and it seems like they were always feeding us free lunch.

    Cons

    I found it pretty difficult to move into certain areas of the company. If you wanted to manage people who took phone calls there were opportunities there, but if you didn't there didn't seem to be a lot of choices unless you were willing to take a pay cut.

    Advice to ManagementAdvice

    The only flaw I really think needed addressing is that the variable compensation for people on the phones was a bit Wild West at times. You often had to play games and not close business if you wanted to get paid for your work, meaning you ended up pretending not to be able to help the client because inbound sales roles required you to make a referral to consultants who had the same credentials you had. Some people really exploited this and it didn't end up always being the best thing for the client.

    Recommends
    Approves of CEO

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