E*TRADE Financial Reviews | Glassdoor

Find your next job here

E*TRADE Financial Reviews

Updated January 6, 2018
151 reviews

Filter

Filter


151 Employee Reviews

Sort: PopularRatingDate

Pros
  • The work/life balance is the best I've experienced in my career (in 44 reviews)

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

Cons
  • Work/life balance is not desirable (in 21 reviews)

  • Inbound call center, so performance metrics are highly monitored (in 37 reviews)

More Pros and Cons

  1. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Negative Outlook

    Pros

    Great work life balance
    Some learning opportunities
    Most of the colleagues are kind

    Cons

    Small company with lots of politics


  2. "Needs improvement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    Pros

    Great place to learn the business

    Cons

    The company does not provide a lot of opportunities for development

    Advice to Management

    N/A

  3. Helpful (1)

    "Company Culture"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    location
    overall work force is smart and competent

    Cons

    currently company seems to be going through some growth issues - lots of recent layoffs, incredible pressure to work long hours, lack of appreciation for employees, CEO recently fired


  4. Helpful (3)

    "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    The compensation package is decent. Many of the people who work there are nice.

    Cons

    The current office environment is very political. Many managers seem to prioritize empire building and control over everything else. There's a "golden child" culture where certain people can do no wrong and reap all the rewards. Employees are expected to follow orders and not question those in power. Layoffs and people being fired for unknown reasons (political?) are fairly frequent lately.

    Advice to Management

    Management seems to be pretty proud of how they are running the shop and the culture they've created, so I don't think they want any advice.


  5. Helpful (3)

    "Officer"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Really friendly & smart people outside of NYC. The team in Arlington is great and always ready to help each other.

    Cons

    CEO lacks direction,ethics and leadership qualities. He manages the company focusing short term goals. My guess is he can't wait for an acquirer to step in, so he can cash in big time.

    Advice to Management

    CEO should retire as soon as possible.


  6. Helpful (7)

    "Chaotic Work Place"

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

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

    Pros

    - Co-workers are friendly, we were all in the same boat together sort of thing.

    Cons

    - Low and mid level management has been there a long time and are disengaged with no repercussions.
    - Just went through a major round of lay-offs, those left are assuming more will come at the end of the year once the acquisition of Options House if finalized.
    - Low morale due to layoffs and the "do more with less" attitude for several groups who were already doing more with less.
    - No advancement opportunities, hired outside for many positions instead of promoting within.

    Advice to Management

    Get back to being that funky online trading platform, do what you do best. Quit trying to be old school finance.


  7. Helpful (1)

    "Company structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Flexible work life balance and telecommuting

    Cons

    Inept executive team. Unstable decision making

    Advice to Management

    Learn the business and value good talent

  8. Helpful (6)

    "LAYOFFS"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great location with food trucks outside for lunch...

    Cons

    Layoffs right now...200+ human souls out of a job


  9. Helpful (2)

    "Management needs to figure out strategic planning"

    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
    No opinion of CEO

    Pros

    Learned much in short timeframe. Excellent projects and career opportunity.

    Cons

    Hire and lay-off people without foresight.

    Advice to Management

    Respect the employees you hire and stop treating them like a meaningless number.


  10. Helpful (1)

    "Interesting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analytics in New York, NY
    Current Employee - Analytics in New York, NY
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Small company high exposure to senior leaders

    Cons

    A lot of finger pointing

    feels like people don't really care to even corporate for the good of the company


Showing 151 of 734 reviews
Reset Filters