TD Ameritrade

  www.tdameritrade.com
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TD Ameritrade Reviews

Updated August 15, 2014
Updated August 15, 2014
305 Reviews

3.5
305 Reviews
Rating Trends

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

Review Highlights

Pros
  • 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)


Cons
  • 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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    My experience with TDA has been a long and positive experience.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    TD Ameritrade is a very good company to work for. Their benefits package rivals most large corporations. Leadership within the operations/technology business units are competent and flexible. TDA currently has 5 core values which they strive to follow everyday.

    Cons

    HR can be a little restrictive. They will speak in vague terms such as "industry standard" and such when limiting or eliminating certain needs that an associate may have.

  2.  

    sales

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

    Pros

    good work life balance, innovative products, fun culture- great people

    Cons

    benefits are terrible, and routes are limited if you don't want to manage people

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    TD Ameritrade is a great wholesome company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative Broker  in  Omaha, NE
    Current Employee - Financial Representative Broker in Omaha, NE

    Pros

    Professional, open door, lots of associate engagment, and overall very open to helping you advance in which ever career path you decide to go with

    Cons

    The series 7 is difficult to obtain. Also usually have to stay in postion for 6-12 months before attempting to move to another one.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great Company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Consultant  in  Omaha, NE
    Current Employee - Investment Consultant in Omaha, NE

    Pros

    Fast paced. great pay. ok benefits

    Cons

    they are moving towards a metric based performance. Call time, dials etc... it is beginning to feel micro managed. overall still bearable

    Advice to ManagementAdvice

    stop trying to move towards micro management

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good experience, room for advancement if you perform

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Ma  in  Fort Worth, TX
    Former Employee - Relationship Ma in Fort Worth, TX

    Pros

    They treat there employees well and try and take good care of them. They were flexible with me when I needed time off.

    Cons

    The pay was fair but I had a terrible commute. You are really a customer service rep and not a RM.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Program execution

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

    Pros

    Very focused, clear direction, quick results and feedback

    Cons

    Hard to bring focus on long term strategy

    Advice to ManagementAdvice

    The organization could benefit from a focus on leadership coaching

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Fun

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great work environment, team's are always engaged and have fun together

    Cons

    Team gatherings seem redundant and not a lot really gets done during them

  9.  

    Awesome place to work with Awesome people!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator  in  San Diego, CA
    Former Employee - Project Coordinator in San Diego, CA

    Pros

    The best thing about this place is that it is not your standard '9-5'. There isn't a clock that you punch in and out of, the people you work with end up being more like family as there are always events outside of work like Habitat for Humanity or other community events. The compensation is reasonable and managers truly have an open door policy.

    Cons

    Honestly, I never found anything bad about working at TD Ameritrade, there may have been one or two people that I didn't mix well with but there are so many other good people here that you don't even notice that rare person you might not like to work with.

    Advice to ManagementAdvice

    Management was great. They were fun and easy going while maintaining a professional relationship. I would've stayed here longer had I not relocated to San Francisco to return to school. I would apply in a heart beat if there was an opening today!

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Dysfunctional Family

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager
    Former Employee - Manager

    Pros

    Excellent products and services. Sales associates can provide guidance without conflict in compensation. Good interdepartmental relationships in most cases.

    Cons

    Senior leadership inconsistent with vision and objectives. Never clearly in line with employee productivity. Frequent random changes in objectives and needs confusing and interfering with production. Employee satisfaction surveys not acted on or addressed to meet leadership needs as opposed to employee needs. Subjectivity rampant in employee reviews.

    Advice to ManagementAdvice

    Tell your employees that shareholder value is the ONLY true current objective. Address personal agendas of senior leadership. Incredible opportunity within TD platform to increase market share with better leadership and management. Employees are aware that they are not valued.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Slow decline

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

    Pros

    Coworkers are great and the teamwork is second to none. The pay wasn't bad and the benefits were okay. I was promoted 4 times in 5 years, so upward mobility is possible.

    Cons

    130% increase in sales targets for the same pay, which means more hours have to be worked. When I started 5 years ago, the employees came first, but now shareholders come first. That'd be fine and dandy, if all employees had stock options and not just senior management. Bonuses have been declining for the last 3 years and you've had layoffs, while your CEO announces a record bonus for himself(not a good idea for moral). No trails on sales, no benefit for keeping clients satisfied, encouraged to churn clients since it's the only way to get sales commissions.

    Advice to ManagementAdvice

    Take a look at your turnover. The 90% retention was a bragging point in 2009 and the industry was bleeding reps. Now that it's around 70%, you might want to concentrate on retaining the talent that made it possible for you to reach those "record breaking quarters" you've been having. If a manager has 80% turnover annually, it's probably a lack of management skills and should look to replace them. You're nothing without your employees. Do not lie to your employees, EVER. I was happy for 5 years and then was lied to and promised all kinds of things in a new role that went bust in 6 months and when I mentioned I'd like to go back to my previous role, I was told "too bad".

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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