TD AMERITRADE Reviews

Pros

TD Ameritrade is growing as a company. The company has introduced values that are moving the company toward a new culture.

Cons

Financial services can be a demanding industry.

Pros

The benefits are outstanding, you are given several choices for medical insurance which allows you to decide what works best for your family.
Time off is very good and you receive more time as you years of service grow
Coworkers are very good and helpful

Cons

To much focus on earnings and that has led to poor decisions by management with regards to layoffs, pay scales, T2 programs, and very poor communition from Senior leadership to the associate level

Advice to Senior Management

If your not going to follow the core values, then do not say you are. When you cut employees, remember those still having a job, are also hurt and need to be take. Care of.

Pros

Great leadership at the top ceo and chairman - good benefits and if you get under the right person a great place to work

Cons

if you get under the wrong person it can be hell they promote based on people being there a long time not good practice because some are not cut out to manage and lead

Advice to Senior Management

be careful who you put in charge of your talented people

Pros

The co-workers and management team were friendly and helpful. Business casual environment.

Cons

It started as a relaxed place to work, but it turned into a nightmare after they implemented a phone system to keep track of what you were doing at all times. It's one thing to use it to log in and out for lunch/ bathroom breaks, but they wanted you to log in/out of certain numbers depending on what job you were doing at the time. Can be hard to remember which number you should use when you are taking care of multiple tasks at the same time.

You had to add up every little thing you did and the amount of time it took for it and write it on progress sheets to turn into the managers.

It was difficult to train the people in India that our jobs were being outsourced to using an instant messaging system, because of the language barrier. It seemed to produce more work instead of less.

Advice to Senior Management

I know that it is a business and people like to see everything on paper, but when you have to spend time to write down everything you did that day, it feels more like you're in daycare than a workplace and I feel that it wastes more of my time. I'd rather have camera's trained on me and my computer than to ever have to do that again.

Pros

40k + Commissions = Unlimited Earning Potential
Once you've been there awhile, you get a good schedule (8-5).
Younger coworkers - or maybe this is bad, depending on who you are.

Cons

They time your bathroom breaks to the second. No, really.
You manager is likely younger and less knowledgable than you.
Only those willing to brown-nose excessively get ahead.
They expect you to wear "pieces of flare" (Office Space anyone?) that they hand out.
Constant "personality assessments" to determine if you can keep your job.

Advice to Senior Management

Stop telling associates that you want to be the employer of choice and start acting like it.

Pros

Good brand name
Decent client offerings

Cons

Goals are the same regardless of the location of branch and characteristics of client base.
Branch managers in over heads

Pros

Great benefits. Great pay. Get in the right area or position and do a good job and you are sure to make it.

Cons

If you get the wrong manager who may not like you or see potential then you are done. They will find a way to be rid of you.

Pros

- Pay is average
- Good benefits
- Work life balance is good as it's a M-F 9-5 job
- Cool cowokers

Cons

- Management is TERRIBLE. They're all useless and lazy.
- Seems like they hire people off the street to become managers as they know nothing about the job.
- No room for advancement unless you're a butt kisser and are with the "in crowd".
- Favoritism is a huge problem and one of the biggest reason why I quit.
- Work is very repetitive and gets real boring real quick.

Advice to Senior Management

Take time and learn the job. There's no reason why you still don't know anything after working there for more than a year. Recognize and appreciate a good worker instead of hanging out with your friends at the office.

Pros

Good hours, nice and smart people, work life balance, progressive company

Cons

Very slim chance of promotions

Advice to Senior Management

Promote from within and not keep bringing new people

Pros

Great comp package, good pay with a base salary. $40k.

Cons

Changed comp package, made it very difficult to survive in smaller markets.

Advice to Senior Management

If you want to keep your reps selling product for you, you may want to review your compensation package.