TD Ameritrade

  www.tdameritrade.com
  www.tdameritrade.com

TD Ameritrade Reviews in Chicago, IL

Updated December 11, 2014
Updated December 11, 2014
343 Reviews
3.4
343 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
187 Ratings

Review Highlights

Pros
  • Work-life balance is good if you want to leave the office promptly at 5 (in 21 reviews)

  • Great benefits outside of salary (in 17 reviews)


Cons
  • No sick pay, multiple upper management positions for single teams, TPS reports (in 13 reviews)

  • In our department (Coaching) you are not conservative you might be looked down upon by middle management (in 9 reviews)

More Highlights

4 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Pretty decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Specialist in Chicago, IL
    Current Employee - Senior Specialist in Chicago, IL

    I have been working at TD Ameritrade full-time (more than 3 years)

    Pros

    Good starting salary, fun environment and great technology. There have been many good and fun paople that have worked here over the years. There are also good education opportunities.

    Cons

    Once in a while, they will come in and take away some of the bonus or perks. Also the location is really not all that close to any good transportation options.

    Advice to ManagementAdvice

    Stability in long term pay structure.

    Recommends
    Positive Outlook
  2.  

    Sr. Business Data Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Data Analyst in Chicago, IL
    Former Employee - Senior Business Data Analyst in Chicago, IL

    I worked at TD Ameritrade full-time (more than an year)

    Pros

    Many opportunities internally to pursue various areas of interest within field of expertise. Community service oriented. Easy access to key leaders. Smart and likable employees.

    Cons

    Large organizations generally require a lot of red tape and paperwork to accomplish simple tasks and this is no exception. HR org. chart governs operational approval hierarchy, which doesn't always make sense in terms of getting a job done the quickest and smartest way possible.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Double Edge

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Broker in Chicago, IL
    Current Employee - Broker in Chicago, IL

    I have been working at TD Ameritrade

    Pros

    Decent benefits and time off. No cold calling, business is there you just have to call and ask for it, but do expect to work for your compensation. The environment with your co-workers is very amicable and you are given ample resources given you have time to read it all.

    Cons

    Very few managers at branches have a good sense of the entire picture. They are not very interested in putting too much time in you (as an investment) for success. Be prepared to be self taught or quick learner or to have hour long meetings about poor performance or 'D' all of the above. Senior management is excellent and are there for you but not all lower management is as equipped.

    Advice to ManagementAdvice

    Be more hands on and familiar with what is going on in your branch/team. Do not try to expect every new employee can be broken at any cost. Better coaching strategies and open minds would go along way, which in turn will reflect on your employees, potentially opening their minds to new ideas and sales strategies.

    Approves of CEO
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  5. 1 person found this helpful  

    Great company for clients not employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Consultant in Chicago, IL
    Current Employee - Investment Consultant in Chicago, IL

    I have been working at TD Ameritrade

    Pros

    firm is in a good position in the industry to grow and is making some changes with regard to it offerings for advice that should really benefit the client

    Cons

    management. pay. smoke and mirrors bonus plan. the company lies to client that we are not paid on commission but in actuality bonuses are directly tie to the products clients buy

    Advice to ManagementAdvice

    less negativity streamline the incentive plan get rid of the excessive amount of qualifiers kicker and make it simple and straight forward standardized. performance standards are too punitive there is too much gray area in almost every aspect of employment at TD Ameritrade

    Doesn't Recommend
    Approves of CEO

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