309 Employee Reviews (View Most Recent)

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1 person found this helpful  

Little Free-Thinking Welcome - Stay in the Box!!

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

I have been working at TD Ameritrade full-time for more than a year

Pros

Excellent benefits, good pay (if you negotiate well at hire), and rarely did I have to work OT.

Cons

Like a lot of these reviews have said, middle management is a huge problem - and those above them may get a lot of the blame for encouraging this attitude with the rewarding of yes-men. I was actually told once that the new initiative I was working on would step on one of those middle manager's toes so I should stop. Many of us have many stories like this. You learn to just keep your mouth shut, toe the party line, do nothing outside the box, and look for another job if you'd like anything more from your career.

I'm sure there are good areas to work and good managers at this company, but in two positions in different areas of the organization I saw the same thing. Remember that this is a company with a history of massive layoffs, so the people in charge are the people who made it through, and so are often those who managed to toe the line and not cause any waves. These are the people in management.

Advice to ManagementAdvice

"Innovation" is more than just a word you can paint on the walls or hand out in flyers. So many associates are having their ideas suppressed every day. Though you say this isn't the case, we all have seen multiple people let go because they dared to speak up or challenge the status quo (or challenged "the wrong person").

Doesn't Recommend
Negative Outlook
No opinion of CEO

Other Reviews for TD Ameritrade

  1.  

    Objective Review

    • 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 benefits, some positions allow for a work life balance

    Cons

    Upper management is disengaged from daily activities.

    Advice to ManagementAdvice

    Trust your staff

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    I like the company but I am not good with big corporate culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative  in  Southfield, MI
    Former Employee - Financial Representative in Southfield, MI

    I worked at TD Ameritrade full-time for more than a year

    Pros

    Good solid company with an awesome trading platform. Management truly wants to help you succeed and will help whenever needed.

    Cons

    Sales quotas and commissions constantly a moving target. Drives me absolutely crazy when companies raise your sales quota, cut your commission and tells you they will replace you if you do not meet them. I am not motivated by this tactic but it is one that is commonly used in this industry. I finally had to get out and start my own company. I make 3 times the money with the same amount of stress but can take off whenever I want. (I hit the quotas btw but did not like the pressure from above, no different than any other brokerage though.)

    Advice to ManagementAdvice

    You guys know the numbers and the squeeze may work on most people but not on me. I hit all of my sales goals but every quarter they get raised and pay gets cut. I get it, I am a business owner but when you tell your team (most of which hit the #'s) that they can be replaced it makes some of them check out. You spent a bunch of money training me and I walked out, sorry.

    Recommends
    Neutral Outlook
    Approves of CEO
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