There are newer employer reviews for E*TRADE Financial

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Unlimited comp for sales on the FC side

  • 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 for more than 3 years

Pros

Unlimited comp for sales on the FC side I love it it makes me very motivated to work hard.
I am happy my manager gives me the space to sell to the right clients. The clients that want and need advice. Many need advice but just do not want it so you need to sift thru to find someone that "gets" that putting all their money in a 12 cent gold mining stock will most likely not help them reach retirement with a good size nest egg.
Given 200mm book to work with huge opportunity but can hurt you.
A get the job done culture!

Cons

*Operations and TOA are way understaffed should have 30-50 people full time. E*TRADE could bring in an additional 10-25% or more in assets and retention if they refined this area in particular.
* There should be a positive small revenue share on your practice/book that exceeds threshold or
* Threshold feels more like a "steal take"
*UMA needs a bond manager yesterday.

Advice to ManagementAdvice

Look at how other discounters execute operations and TOA then copy what they do well.
I am not sure is Paul is wanting to grow us or sell us? I prefer grow there is an enormous opportunity to grab more market share from TD and Schwab.

Recommends
Positive Outlook
No opinion of CEO

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

Sort: Rating Date
  1.  

    Young and dynamic company with endless opportunities for the brave and ambitious

    Current Employee - Senior Product Manager  in  North Atlanta, GA
    Current Employee - Senior Product Manager in North Atlanta, GA

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

    Pros

    Many opportunites to grow whithin. One can start at the bottom and with hard work and the right attitude can easily move up to more rewarding positions.

    Cons

    Compensation could be better. This industry requires talented people to innovate and stay ahead of the curve. Pay seems lower compared to other companies

    Advice to ManagementAdvice

    Keep the culture as it is and design fairer compensation package throughout the organization. Identify key personnel that keeps the business running and the compensate them based on merit.

  2.  

    Good Company but needs improvement in several areas

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

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

    Pros

    Hardworking staff, dedicated workforce, Get it done attitude among employees is the backbone of E*TRADE's technology domain. The business and technology teams work hand in hand to deliver award winning products

    Cons

    No work/life balance in this company. Promotions and raises are tough to come by regardless the amount of quality time and effort you put in your job or deliver outstanding results.

    Advice to ManagementAdvice

    Work towards employee retention and creating a better work environment for your employees. Acknowledge the hard work and dedication of your employees by appropriately compensating them for their hard work and result oriented work

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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