E*TRADE Financial

  www.etrade.com
  www.etrade.com
There are newer employer reviews for E*TRADE Financial

 

Great Experience

  • 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 as a contractor

Pros

Great place to think & execute ideas

Cons

Too many managers to report to at the same time!!

Recommends

324 Other Employee Reviews for E*TRADE Financial (View Most Recent)

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  1.  

    Variable compensation; Overall experience largely dependent on location and manager

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

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

    Pros

    The product spectrum is expanding, and as consultants, we have quite a bit of flexibilty and control over what we present to clients and how. Some of the folks on the sales distribution team are great and really focus their resources on helping FC's succeed.

    Cons

    - The comp plan changes frequently. The newest change makes it difficult to gauge how your bonus is progressing throughout the quarter if you have clients who are active traders (despite the fact that all that trading actually makes E*TRADE money).
    - While it's nice that you're given a book of business to start with, it's extremely difficult to remove clients from your book who don't belong there. You may end up with people who have no contact info, who have no desire to speak with you, or who don't live locally (if you're in a branch),.
    - Some branch managers seem great to work with, others can be micro-managers or number crunchers who aren't very helpful in their role to foster sales growth. Some branches work well together, others may have FC's who rarely interact with one another.
    - If you don't have an operations person in your branch, then be prepared to waste some time here and there on service issues or paperwork.
    - Some of the leads we get are complete garbage, yet you're still hounded by management if you don't properly attempt them several times and prove that you've exhausted all avenues to uncover business. I'd rather focus on actual opportunities than satisfy some arbitrary requirement.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    Credit admin

    • 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 5 years)

    Pros

    Flexible place to work at...

    Cons

    they take advantage of people and make them work hard but don't pay them the money worth their job

    Advice to ManagementAdvice

    No comments

    Doesn't Recommend
    Approves of CEO
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