E*TRADE Financial

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

 

Don't waste your time

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

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

Pros

Can't think of any... Good location.

Cons

Ineffective leadership from Senior level down to the sales manager. This company has no sales leadership from what I can see. My experience was the managers I interacted with were constantly in CYA mode. No one inspires anyone here with few exceptions. Sales meetings are a combination of information dump and beat downs. Training is 'one and done'. Individual goals do not match overall corporate messaging and direction. My manager regularly sent chastising e-mails - singling one employee out to the entire team. My sales manager would single out people in ALL CAPS TO EVERYONE. Hellooo.. HR, are you reading this??

Advice to ManagementAdvice

Hire sales leaders versus sales managers. Inspire your teams to greatness - not beat downs. Stop telling your teams 'what'; start showing them 'how'. (I suspect that most sales managers are clueless about the how component). Have your sales managers share a good idea to help Consultants succeed. This place is mostly void of solid talent.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

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  1. 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 (more than an 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
  2.  

    Great learning experience tech and finance combined

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Menlo Park, CA
    Former Employee - Manager in Menlo Park, CA

    I worked at E*TRADE Financial full-time (more than 10 years)

    Pros

    Technologically advanced and opportunity to learn

    Cons

    Lack of leadership and talent retention

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for E*TRADE Financial

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