Scottrade Reviews

Pros

Nice benefits and good work environment

Cons

Not stimulating, slow career growth.

Advice to Senior Management

Keep doing the same things.

Pros

good group of people, fun working environment, enjoyable training courses in scottrade university, competive in working hours and balance in lifestyle

Cons

low compensation, no room for serious growth unless moving to saint louis, lack of products and services in the self directed brokerage dynamics

Pros

Not a hard job, just pointless in the way we go about things. We roll out the same red carpet to a $50 account and to a $1mil account. The carpet is so worn out, the big accounts don't think it's really red anymore.

Cons

I had to sign an agreement that I will not post anything about Scottrade that's negative, sooooo.... Yep, that's how we deal with employee dissatisfaction.

Advice to Senior Management

Rodger, you created a great company because of your clear, concise, engineering way of thinking. We need technology, technology, technology. You predicted it in '97 when we were one of the first with a website. The site barely changed since then. We need account segregation if we're going to survive, but lack the tools to entice the big fish. I clicked on here that I approve of you, but that's not the case for most of your direct reports. They have no experience steering the behemoth we've become.

Pros

The people are great and the job is pretty easy. At the branch level, it really depends on the customers and co-workers.

Cons

The pay could be a little bit higher, some of the corporate processes are very complicated for no reason at all.

Advice to Senior Management

Offer more advancement opportunities rather than just an option to move to St Louis, also pay your employees a little bit more

Pros

IT is very rewarding in terms of the experience and variety of jobs you get your feet wet with
Also the seniors are great

Cons

the pay is very low, and no public transportation is available to the worker
in addition the food is aweful

Pros

Scottrade is a great place to work and very easy and laid back.

Cons

Some of the clients expect the world from a deep discount brokerage.

Pros

paid internship, nice and welcoming people, flexible hours, etc..

Cons

dealing with customers who arent very nice, since this is a service oriented job

Pros

401K Match (50% all the way to the max)

Cons

All high level jobs located in St. Louis

Pros

Rodger Riney is a very fair and generous leader.

Cons

Work home life balance is off. Scottrade expects unlimited access to employees personal time.

Advice to Senior Management

Turnover is very high. People are leaving to achieve a better home/work life balance.

Pros

Great job to have on a resume. If your looking to start a career as a stockbroker, Scottrade is the place to start.

Cons

If you are looking to become a stock broker at scottrade, you can't give advise to people since Scottrade is a discount brokerage, which could beat the whole purpose of being a stock broker.

Advice to Senior Management

The management is well organized and the management knows how to lead the organization towards success. A well put performance.