TD Ameritrade Reviews in Chicago, IL
Work-life balance is good if you want to leave the office promptly at 5(in 18 reviews)
Great benefits outside of salary(in 17 reviews)
No sick pay, multiple upper management positions for single teams, TPS reports(in 12 reviews)
I have no idea why some reviews suggest there is a good work/life balance(in 5 reviews)
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.
Yes, I would recommend this company to a friend
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 Senior Management – 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.
1 person found this helpful
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 Senior Management – 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
No, I would not recommend this company to a friend