Scottrade – Union City, CA
The main purpose of this position is to promote Scottrade’s mission of helping clients overcome barriers to financial success. Branch Manager’s… Scottrade
Scottrade – San Francisco, CA
The main purpose of this position is to create and maintain relationships with current and prospective registered investment advisors advisors within… Scottrade
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I have been working at Scottrade full-time (More than 3 years)
Recognizing strengths and weaknesses, having the willingness to change, work/life balance, evolving compensation plan, patience with incompetant, lazy and entied branch staff (maybe too much IMO)
Geez... This is to all of you branch staff personel that complain on this site and others: You are clearly a bunch of entitled, dim, lazy and clearly incompetant staff that has the long-term vision of a mole and the self-reflection of a mud puddle. What all of your childish and unprofessional comments boil down to is that you don't want to do "sales like TD." Yet you are too stupid to realize that if we don't go this route we will most likely be bought by them. Many of the current ICs and BOMs have been coddled and have taken advantage of the lack of expectations here for so long that they are completely out of touch with simple economic realities so let me spell it out for you in language you may understand: In any other company in this industry you would have(or have already have) washed out long ago. For the salary you have been making(especially longtime BOMs) compared to the actual amount of "work" that you did...you should feel like you are stealing from Rogers's back pocket. That's right I said it. Unless you are fully adopting the measures we are trying to take to right this ship you are dead weight and those of us who see the vision just hope you go... The simple reason you haven't yet is because you know at any other place they would have much higher expectations for the level of income you "earn" here. And you probably wouldn't get hired or make it if you did. My advice to you is to start interviewing at ANY job with comparable up side potential and see what they expect. In my opinion and that of others actually trying to make things better... You are not "long time employees that deserve our everlasting admiration and dedication" simply form showing up and processing paperwork...in fact you have gorged at the teet for far too long and now we are simply asking you to add to the pile instead of taking away from it.
Advice to Management
Keep moving in the right direction. If long time employees don't realize the best service we can provide is helping our clients understand the value of professional management then they are most definitly part of the problem and not part of the solution. On a more constructive note, I would strongly consider locating regionals in the regions. Also, if you want your IC's to act like professionals with careers and not order takers in a job, they need to be treated as such i.e. our own phone lines, email access, instant messenger, loosen up Internet access, get rid of punching in and out.