TD Ameritrade

www.tdameritrade.com

TD Ameritrade Reviews

Updated January 29, 2015
Updated January 29, 2015
361 Reviews
3.5
361 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
195 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.  

    Fix the hiring, promote better people

    • 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

    Pros

    Very flexible work life balance

    Cons

    Rotational program needs way better screening, stop hiring people who only know how to answer behavioral questions.

    Advice to ManagementAdvice

    Figure out who is actually doing work and give them the promotions and bonuses they deserve. Why do you think there is currently so much turnover?

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    A great place to work

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

    I worked at TD Ameritrade full-time (more than 10 years)

    Pros

    A great place to get deeply involved quickly and terrific work life blance.

    Cons

    Pay tends to be middle of the road. To get a significant increase you may need to move on.

    Advice to ManagementAdvice

    Be sure to compensate top performers inline with competition. You are falling behind.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Intern Experience

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

    I have been working at TD Ameritrade as an intern (less than a year)

    Pros

    Great company culture. Great training and company values.

    Cons

    Would have liked a clearer path that may or may not lead to full employment after graduation.

    Recommends
    Neutral Outlook
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  5. 1 person found this helpful  

    Great internship experience at TD Ameritrade Institutional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Strategy & Analytics in Jersey City, NJ
    Former Employee - Strategy & Analytics in Jersey City, NJ

    I worked at TD Ameritrade as an intern (less than a year)

    Pros

    If you are working in Business Intelligence or Strategy, Planning & Analytics, you will be thrown right into the mix with the whole business unit. By the end of your summer, you will have learned a working proficiency in some of the most important data analytics softwares, which are extremely valuable to throw on your resume as a Senior in college.

    Cons

    There are generally more things that need to be done than actual employees to get the jobs done. Thus, you will find yourself dabbling in different business functions and doing other people's work many times.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    great company to get started with

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

    I have been working at TD Ameritrade full-time

    Pros

    makes earnings per share regularly

    Cons

    growth opportunities are hit or miss

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Engineering

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

    I have been working at TD Ameritrade full-time (more than 5 years)

    Pros

    Great working place, very peacefull and alot if energy... great people to waork for

    Cons

    It aint what you know its what people you know in this company.,,

    Advice to ManagementAdvice

    Get some new fresh ideas from new people

    Recommends
    Positive Outlook
    Approves of CEO
  8. 6 people found this helpful  

    Consultant-driven, catchphrase bingo, no soul, rudderless.

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

    I have been working at TD Ameritrade full-time (more than 10 years)

    Pros

    Reasonable salary, reliable paycheck. Perfect job for a newbie while they seek out more meaningful employment. If you like a management track consisting solely of reviewing spreadsheets, attending interminable catered meetings, and giving cut-n-paste performance reviews, this is the joint for you.

    Cons

    Any company that buys their mission statement from a consultant is suspect in the first place. Same goes for a company that uses clip-art in internal and external advertising instead of actual humans.

    Look up 'style over substance' and you'll find a photo of the HQ. United Way, Habitat For Humanity, LEED, etc.--whatever it takes to get noticed; a PR facade covering up a soulless company. NFL and Olympic sponsorship used primarily to impress corporate peers.

    The front-end is really sexy--whatever it takes to get a well-heeled client in the door. The back end is chewing gum and chickenwire and it doesn't take a client too long to note the bait-n-switch. Personally, I find it disgusting to work for an enterprise that has consideration for an acceptable amount of lying to clients and associates. Everything is driven by 'service level', not satisfying all clients, but an acceptable, arbitrary amount. And I remember when we used to take care of every client.

    Complaints and constructive criticism is met by shining-on, cut-n-paste acknowledgement, timeframes for resolution that last *years*--and calling out this inactivity is met by more catchphrase bingo except this time management hides behind your supposed non-adherence to 'people matter' rather than your defense of 'clientcentricity'.

    Management is top-heavy with people with job titles but no accountability. I'm not advancing the opinion that TDA management is a cult of personality because that implies there is a personality in the first place. This company has no soul and no ambition other than what a consultant tells them to have. Further, the place isn't overtly political in terms of cliquishness but the Peter Principle is very much in play.

    Advice to ManagementAdvice

    Outlook? The company will continue to make money (due to being connected in a political industry), and that's the only metric that matters to them. That gets old very quick and isn't how the company used to be. The company used to exist on a tripod of customer/associate/shareholder and you can guess which two aren't mentioned anymore. I cannot stress this enough: TDA Has No Soul. You can't buy that, you have to nurture it and maintain an iron vigil on it. People here ran through walls when someone named Ricketts or Moglia was on the board, in the head office or on the 5-K. The current CEO, Fred Tomczyk is a Toronto-Dominion company man who engenders no empathy or understanding--a hack who is very good at blowing smoke and keeping Toronto happy--to the detriment of clients and associates.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Good place

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at TD Ameritrade

    Pros

    People are very helpful and nice.

    Cons

    Maybe more of an upbeat environment would be nice. Kind of boring sometimes.

  10. 1 person found this helpful  

    Great Company

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

    I have been working at TD Ameritrade full-time

    Pros

    Treat employees well, Pay For Performance bonus of 15% quarterly.

    Cons

    Most of the management is in Jersey City.

    Advice to ManagementAdvice

    Hire management in all locations rather than focusing on senior leadership in Jersey City only.

    Recommends
    Approves of CEO
  11.  

    Well established, and still growing

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

    I worked at TD Ameritrade

    Pros

    Decent overall package and growth prospects

    Cons

    Sometimes too traditional with idea generation

    Advice to ManagementAdvice

    Promote more internal education opportunities

    Recommends
    Positive Outlook
    No opinion of CEO

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