E*TRADE Financial Reviews | Glassdoor

E*TRADE Financial Reviews

Updated December 11, 2017
184 reviews

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184 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. Helpful (3)

    "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Alpharetta, GA
    Current Employee - Relationship Manager in Alpharetta, GA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at E*TRADE Financial full-time (More than 3 years)

    Pros

    -Pay is above average. Unlike some of our competitors, firm doesn't play hardball or negotiate in bad faith with its talent.
    -Role provides flexible schedule and ability to work remotely.
    -Colleagues are both skilled and collaborative.

    Cons

    -Coming off a year of instability due to turnover in various roles.
    -Benefits are average at best.
    -Leadership could do a better job of communicating their vision.

    Advice to Management

    -Our long term clients are our lifeblood. Let's make sure we do right by them by providing stability, proficiency, and consistency.


  2. Helpful (1)

    "Great company, god culture, good benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Large-Market Senior Service Manager in Alpharetta, GA
    Current Employee - Large-Market Senior Service Manager in Alpharetta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at E*TRADE Financial full-time (More than 5 years)

    Pros

    Love the culture and people I get to work with. Company benefits package is above par - health insurance, paid parental leave for both parents, 75% match on 401k, etc.

    Cons

    Salary info is. It public but after a while you start to find out things here and there. Outside hires seem to get hired it with higher salaries than internal promotions for the same position.
    Also, not everyone gets the opportunity to receive or participate in equity programs.

    Advice to Management

    Every so often salaries should be balanced based on title, tenure, and performance. If your top performer is the lowest paid member of his or her team it incentivized that person to look elsewhere for work.

  3. "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time

    Pros

    Great company with lots of room to grow if you want to be successful. Awesome management and co workers

    Cons

    Come ready to work and learn. No cons, it's a job and if you like stocks then it's a good place to start definitely

    Advice to Management

    I have no advice for management. I thought the company did an amazing job and loved to work there on a daily basis


  4. 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.


  5. Helpful (1)

    "IT management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at E*TRADE Financial full-time

    Pros

    used to be an engineering focused company

    Cons

    lost its sense of mojo

    Advice to Management

    get rid of the consultants you brought in with fancy titles

    E*TRADE Financial Response

    Jun 13, 2017 – Talent Acquisition

    Thank you for your feedback. We value your input as we can continue to improve upon our practices to learn and grow within our company to create a positive experience for our employees.


  6. "Good overall experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time

    Pros

    Weekly activities, a good place to get trained for the securities industry.

    Cons

    Little room for creative thinking or changes in current process.


  7. "Management"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at E*TRADE Financial full-time

    Pros

    Job experience depends on quality of the manager.

    Cons

    Your manager's management style matters.

  8. "Decent work location"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial full-time

    Pros

    Decent place to work at.

    Cons

    People over there could be better


  9. "Good Company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at E*TRADE Financial full-time

    Pros

    Culture is pretty good
    Good location

    Cons

    Pay could be a bit better


  10. Helpful (1)

    "Good Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Service Financial Consultant
    Current Employee - Corporate Service Financial Consultant
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Work with great people. Positive work environment without micro management. Management is there to help make you successful. Decent base pay is enough to pay the bills as you grow your book. Clientele is usually more financially savvy and have money to invest. Almost all clients love E*Trade and are pretty loyal to us.

    Cons

    The new compensation plan is probably fine for the long term if you grow your business consistently. However, in the short term a significant drop in upfront pay. Almost nothing upfront for mutual funds and ETFs. New Money and Managed Accounts are the big drivers if you want a good bonus.

    Advice to Management

    Most clients like the idea of managed accounts, but we need more control over the investments. Give us a few options for large cap, mid cap, etc. so that we can show clients that we are adding value. Giving Lockwood all the control takes us out of the picture. Overall, I think management is very good.


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