Scottrade Reviews

Pros

Good pay
Raises every six months
Good learning experience and start in the finance / stock market
Opportunities for job

Cons

Advancement seems limited to either being broker, traveling broker, or manager. Other opportunities if willing to go out to St Louis

Advice to Senior Management

Rodger has done a great job making Scottrade what it is today and the company should do well for many years to come

Pros

laid back company. great CEO. dedicated top management. good benefits. non-competitive environment. great place for new beginner. solid company.

Cons

It is a customer service job. low pay. repetitive. attracts bottom tier customers-need a lot of hand holding. these customers will erode your passion and wear you down. limited advancement.

Advice to Senior Management

none. they have been very supportive.

Pros

Ok money, easy going, mostly nice people when some arent throwing everyone else under the bus to just make themselves shine.

Cons

To many ass kissers that lack any skill what so ever being advanced into higher positions, only because they know how to pucker and open their lips.

Advice to Senior Management

Stop promoting the ass kissers that know NOTHING......

Pros

People are nice & get along, work environment is comfortable and pleasant, decent benefits.

Cons

Too much favoritism. The same people keep getting promoted. Hard work isn't equally rewarded. Many members of managment have been "homegrown" and couldn't hold the same position in a different company.

Advice to Senior Management

Recognize that you have an organization full of talent and start sharing the "wealth" (recognizing, rewarding & promoting). I also hope management recognizes that what keeps us from ranking higher in Best Places is our less-than-competitive salaries and minimal opportunities for work-life balance (very small group who have it).

Pros

Only interned so I can put it as experience applying to different universities and internships. As far as the work..its mostly clerical and you have to deal with clients. My manager was very supportive so that was good. If I were you, get the internship and stay there for only a set amount of time. It is good for freshman in college so they can hedge themselves into getting solid internships as a sophomore. The business world is cutthroat so you should reciprocate that as well if you have leverage. Think about it.

Cons

no real finance related work. Thought it would be more then clerical work. pay is decent if your just a poor college student like i am haha

Pros

Respect of staff and clients.

Cons

Limited availablity of leadership positions.

Advice to Senior Management

Keep up the good work.

Pros

They put you through a training program that is online. It helps you get a better feel for the company and the industry. It is very good when you are just coming into the business. Apparently they hire from within.

Cons

I hear that they hire from within, but I also hear that is is very hard to move up in the company.

Advice to Senior Management

Overall I see that Scottrade is expanding and growing strong as a company. I think there should be more incentives for going above and beyond when it comes to the customer. Like a reward program or something to that nature.

Pros

Good benefits and decent salary

Cons

Unprofessional environment and certain co workers

Advice to Senior Management

Create a more professional environment

Pros

Great learning atmosphere to start a career. You start learning from the most basic aspects of trading and guided professioanly.

Cons

Working hours depending on your shift can be sometimes hard. The level of response to new ways of getting customer service can improve.

Advice to Senior Management

Continue to improve and grow the service that Scottrade provide towards the professioanl investor the way is being done. Excellent customer service.

Pros

People are hard working and honest
Work - life balance is emphasized
Great culture and not as stressful as other large organizations

Cons

compensation is not very competitive
Employees developed internally are not compensated as well as external hires
Benefits start immediately but it takes 5 - 10 years to acquire more than 2 weeks of vacation regardless of job grade.

Advice to Senior Management

My advice to management is to continue to find ways to foster development and innovation, but while doing so respectfully compensate the employees beneath management that carry out the development and innovation.