Scottrade Reviews

These reviews contributed towards 2012's Best Places to Work recognition. See ratings and reviews for all time.
28 Reviews
3.5
28 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Scottrade Founder, President, and CEO Rodger O. Riney
Rodger O. Riney
24 Ratings

Review Highlights

Pros
  • The work/life balance is great--I never put in longer than an 8-hour day (in 49 reviews)

  • It's also a great place for young college grads to get resume experience (in 31 reviews)


Cons
  • Not much room for advancement once you start in the branch (in 22 reviews)

  • Ceiling to your growth unless you move to St Louis (in 19 reviews)

More Highlights

Employee Reviews

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  1.  

    Great place to learn!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Summer Intern in Saint Louis, MO
    Former Employee - Summer Intern in Saint Louis, MO

    I worked at Scottrade

    Pros

    Continuous improvement is part of the organizational culture at Scottrade. They really want you to keep learning and progressing as a professional. Great place for MIS professionals get some exerience in the finance field.

    Cons

    I felt like I left without really understanding my purpose as an intern. I just had the feeling they hired me to study every day and learn as much as possible about the company and capital markets in general. There wasnt a set goal to be accomplished.

    Advice to ManagementAdvice

    Better organize your internship program. I graduated in Finance and went in thinking that I would get an experience in the finance industry, but it ended up being an IT internship as I learned a whole lot about data bases!

    Recommends
    Approves of CEO
  2. 5 people found this helpful  

    Lots of Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Saint Louis, MO
    Current Employee - Anonymous Employee in Saint Louis, MO

    I have been working at Scottrade

    Pros

    Expressing your feelings about the Obama Care in a Blog without any backlash.
    Great Job in promoting from within the company.

    Cons

    First, I'm not "allowed" to say anything negative about the company but here we go...
    Promoting from within let's Scottrade low ball everyone when it comes to Salary.
    Bonus has been a record breaking low compared to other companies.
    Must move to STL if you're looking for a corporate promotion.
    Scottrade only allows certain people to answer questionnaires when it comes "top 100 best places to work".
    etc, etc, etc, etc...

    Advice to ManagementAdvice

    Please keep your political opinion outside of work. Please be fair and balance with each department. Please don't allow family members to work there if they're related to someone in HR. That brings everyone down...

    Doesn't Recommend
    Disapproves of CEO
  3. 1 person found this helpful  

    Nice place to work but low salaries and bonus.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Quality Assurance Analyst in Saint Louis, MO
    Current Employee - Quality Assurance Analyst in Saint Louis, MO

    I have been working at Scottrade

    Pros

    Healthy environment, and less work pressure.

    Cons

    Some of the Managers will do micro managing, and like shcool kids they have time policy that need to be followed.

    Approves of CEO
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  5.  

    Overall a success

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Finance Intern in Apple Valley, MN
    Former Employee - Finance Intern in Apple Valley, MN

    I worked at Scottrade

    Pros

    Great work environment and good co-workers

    Cons

    Can be boring at times.

    No opinion of CEO
  6.  

    ok for intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Intern in Saint Louis, MO
    Current Employee - Intern in Saint Louis, MO

    I have been working at Scottrade

    Pros

    paid, easy to hire, big name, good start as intern, easy work, but TOO easy

    Cons

    the manager of my debt treats his employee in very unfair way, such as working hour, promotion and workload. There is too much politic , for intern even!? Really? I hope the problem is only existed on my dept otherwise it is a big problem of Scottrade

    Advice to ManagementAdvice

    please don't promote someone that is not qualified just because you like her, it pissed all other employee off.

    No opinion of CEO
  7.  

    Great experience for college students

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Management Intern in Saint Louis, MO
    Former Employee - Project Management Intern in Saint Louis, MO

    I worked at Scottrade

    Pros

    Great supportive staff and management
    Great pay
    Management cares and is really flexible
    Fun drawing for concerts and different sporting venues
    Great corporate strategy
    Great training opportunities

    Cons

    Constant restructuring and moving ever since acquiring other companies
    Workload could be light at times and looking for more to do

    Advice to ManagementAdvice

    Keep continuing to invest in employees. The company is rapidly growing and people make the company what it is. Also, give interns holiday pay.

    Recommends
    Approves of CEO
  8.  

    I am satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Stock Broker in Houston, TX
    Current Employee - Stock Broker in Houston, TX

    I have been working at Scottrade

    Pros

    Work Life Balance
    Low Stress
    No sales/ commission

    Cons

    Limited ability to advance beyond branch manager without moving to STL

    Advice to ManagementAdvice

    I love Scottrade

    Recommends
    Approves of CEO
  9.  

    Fair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Orlando, FL
    Current Employee - Anonymous Employee in Orlando, FL

    I have been working at Scottrade

    Pros

    The easy-going atmosphere. One of the most casual brokerage firms out there.

    Cons

    Work environment depends on your team. Very small office with just 5-6 employees.

    Recommends
    Approves of CEO
  10.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - SALES CLERK in Buffalo, NY
    Current Employee - SALES CLERK in Buffalo, NY

    I have been working at Scottrade

    Pros

    Nice benefits and good work environment

    Cons

    Not stimulating, slow career growth.

    Advice to ManagementAdvice

    Keep doing the same things.

    Recommends
    Approves of CEO
  11.  

    mediocre

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Stock Broker in San Jose, CA
    Current Employee - Stock Broker in San Jose, CA

    I have been working at Scottrade

    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

    Doesn't Recommend
    Approves of CEO

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