TD Ameritrade

www.tdameritrade.com
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TD Ameritrade Reviews

Updated February 24, 2015
Updated February 24, 2015
367 Reviews
3.5
367 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
197 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    One of the best I've worked for

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at TD Ameritrade

    Pros

    Great people, great environment, growing technology, great benefits . Not enough good things to say.

    Cons

    Growth is lacking for current employees. Get hired in at the highest you can, because you'll get stuck

    Advice to ManagementAdvice

    Grow successors from within the company instead of depending always on outside resources. It will go a long way with moral and retention of employees. Management needs to follow through with what they "say" they're going to do. Not just talk about it and let you down.

  2.  

    Overall, good place to work in IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tier III Support Engineer/Architect
    Former Employee - Tier III Support Engineer/Architect

    I worked at TD Ameritrade full-time (more than 5 years)

    Pros

    NJ office is a good location
    Growing company
    Always at the cutting edge of new technology (for an enterprise company)
    Hours are pretty reasonable (9-6) most of the time. If you are gunning for promotions, you usually have to at least act like you are working more hours. Working smarter doesn't seem to matter from what I can tell.
    There is usually a 5-15% bonus every year
    Business casual
    Work from home is ok once every 2-3 weeks usually

    Cons

    The work life / environment tends to fluctuate over time. At times it is great, there is focus on good growth and useful technologies and goals.
    Other times management is playing political games and productivity suffers.
    Sometimes they just say "cut 1-5%" and someone in almost every team is cut.

    Advice to ManagementAdvice

    They are a big company now so they suffer from the usual temptation of disfunction.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great Firm

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at TD Ameritrade

    Pros

    Great people, great teamwork, and a great way to stay connected to the financial markets

    Cons

    can't think of any worth talking about here

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern - Hourly in Fort Worth, TX
    Current Employee - Intern - Hourly in Fort Worth, TX

    I have been working at TD Ameritrade

    Pros

    work life balance company values

    Cons

    person growth compensation personal growth

    Advice to ManagementAdvice

    more training discussing perks

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Too much focus on shareholder value

    Former Employee - Manager
    Former Employee - Manager

    I worked at TD Ameritrade full-time

    Pros

    Decent book of business. Adaquitly staffed office. Good product mix between guidance products.

    Cons

    Senior management is not an advocate for the sales staff. To many management people who were never producers. At TD or any other firm.

    Advice to ManagementAdvice

    Listen to all your employees not just the ones who give you the answers you want to hear

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Wonderful Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at TD Ameritrade

    Pros

    Great people, challenging work, good pay and benefits. Great work life balance

    Cons

    Flat organization, but there are still growth opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    OK Training Ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Good place to start your career and get face time with clients. Great technology and trading platform

    Cons

    low pay, lots of disgruntled employees. Like almost all large companies it is very political. Has turned into a bit of white collar sweat shop over the years.

    Advice to ManagementAdvice

    Get a clue and start focusing on the things that really matter. Pay your people so that you can attract and retain real talent.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Great solid company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Consultant
    Former Employee - Investment Consultant

    I worked at TD Ameritrade

    Pros

    Training is great, benefits start right away good bonuses

    Cons

    Competitive with stats people seen as stats

    Advice to ManagementAdvice

    See your people and be flexible

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Stressful environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Consultant in Birmingham, MI
    Former Employee - Investment Consultant in Birmingham, MI

    I worked at TD Ameritrade full-time (more than 3 years)

    Pros

    Salary, great location and ability to offer sales promotions for new assets

    Cons

    Very stressful as you have to sell and push product. Demanding position and micro management

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    The worst experience of my career was working as an Investment Consultant at TD Ameritrade.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Consultant in San Francisco, CA
    Former Employee - Investment Consultant in San Francisco, CA

    I worked at TD Ameritrade full-time (less than a year)

    Pros

    Traditional Financial Advisor jobs are usually 100% commission. TD Ameritrade offers a competitive salary with quarterly bonus potential. Access to RIA firms for referrals and networking.

    Cons

    This job has zero to do with investment knowledge and advice. It is a telemarketer job and you are expected to be on the telephone all day. Management records your telephone calls and criticizes every mistake you make. There is zero positive reinforcement or learning, extremely negative culture. Micromanagement is unbelievable. Area manager was always sending me messages through internal Instant messaging asking why I had so low contacts for the day. They did not want you having face to face client meetings because it took too much time. They want you on the telephone contacting more clients.

    Advice to ManagementAdvice

    Stop lying to potential employees. Tell them the truth up front, you'll save time and money by having less turn over.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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