TD Ameritrade Reviews

Updated October 16, 2014
Updated October 16, 2014
322 Reviews
3.5
322 Reviews
Rating Trends

Recommend to a friend
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TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
175 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 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.  

    Fun, fast paced and educational

    • 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

    competitive salary, fun atmosphere,

    Cons

    upward mobility limited, job limitations due to extremely high compliance

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Supportive Environment in a Competitive Business

    • 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

    Work/life balance is possible, managers work hard to support employees, most large office locations are beautiful and equipped to support employees (gym, cafeteria), support services are well-staffed and work to respond quickly and thoroughly, goals are clear, compensation is good, managers trained to coach employees to help them succeed, I really love working at TDA

    Cons

    Company culture not comfortable with quick innovative changes, can be a bit too conservative in approach at times

    Advice to ManagementAdvice

    Keep doing what you're doing, creating an environment and culture that makes employees happy will result in happy clients

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at TD Ameritrade

    Pros

    Great company, great values, customer centric, good place to work for employees as well, I would highly recommend working here.

    Cons

    Great company, great values, customer centric, good place to work for employees as well, I would highly recommend working here.

    None!

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    National Branch Investment Consultant - Omaha

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

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

    Pros

    Generally good people, your colleagues, that you work with
    Good benefits
    Strong brand, especially in Omaha
    Decent salary for a sales position, potential to make substantial salary

    Cons

    High turnover…I did the job for 2 years/9 mos, and of the 45 people in the national branch when I started, there were maybe 8-10 left at the end of my 3 years.
    Unable to really move anywhere except branch mgmt…and unless you wanted to move, not too attractive.
    Even if you did want to move into branch mgmt, you better start your brown-nosing on day one
    Some managers non-existent, some ultra micro managers, and the higher level mgmt didn't really offer any guidance. Branch managers mainly concerned with keeping their cushy jobs, which consisted of meetings about other meetings, being on their blackberry's, and figuring out ways to appease the IC's without actually figuring anything out and/or solving any issues.
    A what have you done for me lately philosophy. They say it's about building relationships but you don't benefit from creating them. No trailers, paid to sell sell sell. If you already have the majority of a clients business, they want you to keep in contact, and you get dinged on money leaving, but there's no benefit to the IC if no new business opportunity.
    If you take a seat, pray you don't have a couple of sub-par quarters in a row. You can still bonus, but it you don't get enough of some "blended" score they have you will be shown the door.

    Advice to ManagementAdvice

    For branch/sales mgmt….have some clear direction, and when you change the comp plan every single year make it transparent. True, one can figure it out, but it doesn't need to be so convoluted.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Learned a lot, but TD will always be minor leagues of financial services

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

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

    Pros

    Definitely some good and professional people. Also, if you like working for an underdog, TD is constantly trying to nip at the heels of the Schwabs and Fidelities of the world. Access to very good trading education for those who desire to trade stocks and options.

    Cons

    The C suite condones a lot of the clique executive management behavior. I've seen a lot of really good people pushed out because of a small group of holier than thou execs who don't/won't demonstrate managerial courage. If you want a place where exec management subscribes to the group-think means of organizational development, work here.

    Advice to ManagementAdvice

    Get some back bone. Stop being influenced by every piece of critical feedback you receive. Have conversations about issues and people concerns in an authentic and on the table manner. No more backhanded comments - tell it like it is, that's what people want and expect. Exec management, act like adults and stop the gossipy, clicky behavior.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Great company that is slowly cutting annual salary

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

    I have been working at TD Ameritrade full-time (more than an year)

    Pros

    401k, dental, vison, gym reimbursement, tuition reimbursement

    Cons

    Slowly paying less for performance or not keeping up with inflation

    Recommends
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Just a job.

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

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

    Pros

    Just a job to get the bills paid. Nothing more...

    Cons

    Advancements aren't based off of experience, education or job knowledge.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Investment Consultant

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at TD Ameritrade

    Pros

    Decent pay if you do well

    Cons

    Constant sales and bad managers

  10.  

    Great Company!

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

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

    Pros

    Tons of great opportunities here

    Cons

    There is nothing bad here

    Recommends
    Approves of CEO
  11.  

    worked there for 7 years, great company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Manager in San Francisco, CA
    Current Employee - Sales Manager in San Francisco, CA

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

    Pros

    people really about your success. tons of peer to peer coaching

    Cons

    compensation, lack fun at work, results driven.

    Recommends
    Positive Outlook
    Approves of CEO

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