E*TRADE Financial Reviews in New York City, NY | Glassdoor

E*TRADE Financial New York City Reviews

Updated December 1, 2017
98 reviews

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New York City, NY Area

3.5
StarStarStarStarStar
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Recommend to a friend
Approve of CEO
E*TRADE Financial CEO Karl A. Roessner
Karl A. Roessner
8 Ratings

98 Employee Reviews

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Pros
  • The work/life balance is the best I've experienced in my career (in 43 reviews)

  • Top notch training and support to obtain your Series 7 and 63 (in 27 reviews)

Cons
  • Work/life balance is not desirable (in 20 reviews)

  • Inbound call center, so performance metrics are highly monitored (in 36 reviews)

More Pros and Cons

  1. "Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Recruiter in Jersey City, NJ
    Current Employee - Senior Recruiter in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (More than a year)

    Pros

    Your work has immediate impact on firm and clients

    Great place to build your career

    Amazing Management

    Cons

    No cons for this company


  2. "Nice Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in New York, NY
    Former Employee - Software Engineer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at E*TRADE Financial full-time (More than 3 years)

    Pros

    Good People
    Nice Env
    Snacks
    Culture & Values
    Rate CEO Job Performance, Karl A. Roessner
    Approve

    Cons

    Salary
    Work Environment
    Career Opportunities
    Compensations & Benefits
    Work/Life Balance

  3. "Lead Business Analyst"

    StarStarStarStarStar
    Former Employee - Lead Business Analyst in Jersey City, NJ
    Former Employee - Lead Business Analyst in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at E*TRADE Financial full-time (More than 10 years)

    Pros

    Fail compensation, good dental, good benefits

    Cons

    Technology can be enhanced on back end


  4. "Great company, awesome manager and colleagues, everyone is very helpful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - SharePoint Consultant in New York, NY
    Former Contractor - SharePoint Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at E*TRADE Financial as a contractor

    Pros

    Good rate/ hr. Great office, quiet and with a wonderful view of mid town.

    Cons

    None. I really cannot think of any.

    Advice to Management

    None! Management understanding and cares about employees.


  5. Helpful (4)

    "Nearly 6 years there..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Market Research in Jersey City, NJ
    Former Employee - Market Research in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at E*TRADE Financial full-time (More than 5 years)

    Pros

    some very knowledgeable, smart and very nice people to work with, and a relaxed atmosphere overall, considering it is a financial company. Good work/life balance.

    Cons

    The company makes very frequent top management changes. There is no clear sense of direction of where the company is going, who does it serve, and what are its core values. Very often, about 4 times in my 6 years, the company has been 'reinventing the wheel' with every top management change. Along this, constant problematic placements in terms of VPs and SVPs, driven by corporate politics and former personal associations rather than real, established, long term strategic company's needs or gaps to fulfill.

    Advice to Management

    Define strategic brand position, promise and values, and commit to execution for more than 6 months. Bring knowledgeable top tier managers, not from mainstream banks but from e-commerce, to move the company forward.
    Recognize employees' loyalty and dedication rather than aptitude for corporate politics. There is too much paying lip service to leaders' ideas just to flatter and bring favors, but no real commitment to scope and implement the change.


  6. Helpful (2)

    "Financial Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in New York, NY
    Current Employee - Financial Consultant in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at E*TRADE Financial full-time (More than a year)

    Pros

    Some of the best benefits in the industry

    Cons

    High Executive turnover so direction of the company is vague and ever changing

    Advice to Management

    Compensation is confusing to track and inaccurate... Sales should focus on Business development and not have to worry about receiving their accurate compensation.


  7. "Awesome Company Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Operations Analyst in Jersey City, NJ
    Current Employee - Operations Analyst in Jersey City, NJ
    Recommends
    No opinion of CEO

    I have been working at E*TRADE Financial full-time (Less than a year)

    Pros

    I appreciate the collaborative environment I experience here. People are very friendly and make working together enjoyable. I still have a lot of time to work independently and never feel overwhelmed with attention or neglected from my manager.

    My team and manager are constantly encouraging me to explore topics, ask questions, and consider my own career path while learning about new job functions.

    Cons

    No wifi and I personally think 401k benefits could be better.

  8. "Branch Service Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Service Representative in New York, NY
    Current Employee - Branch Service Representative in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (Less than a year)

    Pros

    E*TRADE is a great learning environment for a person just entering the industry, the role of Branch Service Representative in particular. They will fully sponsor representatives to get all appropriate licenses (7, 66, etc.). The BSR role will give you insight into sales, compliance, administration, our platform, and general securities industry 'know-how'. This is a very good starting point for anyone interested in the public markets and/or wealth management.

    In regards to our branch management, you can approach our managers with any issue/question, they have a total open door policy and have a very hands on approach with new hires.

    The compensation and coverage benefits are very inline with industry standards.

    In terms of career development, within the first few months you'll be asked where you see yourself growing in the company, what your goals are, etc. They want you to help you develop within the company and offer guidance along the way.

    Cons

    As of yet, none that I have experienced.

    Advice to Management

    Continue to hold all employees accountable for making sure the client experience is top grade. This will set us aside from our competitors.


  9. Helpful (1)

    "Relationship Manager"

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

    I worked at E*TRADE Financial full-time (More than 8 years)

    Pros

    Great Co-Workers and most People.

    Cons

    Management Is Much Too Over-Rated.

    Advice to Management

    Les VP & More Associates.


  10. "licensed service rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in New York, NY
    Former Employee - Financial Services Representative in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at E*TRADE Financial full-time (Less than a year)

    Pros

    it was close to home

    Cons

    The employer is not willing to pay employees what they are worth

    Advice to Management

    pay more


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