Charles Schwab - Not the best for Financial Consultants | Glassdoor
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There are newer employer reviews for Charles Schwab

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Helpful (3)

"Not the best for Financial Consultants"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Consultant
Current Employee - Financial Consultant
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Charles Schwab full-time (More than 3 years)

Pros

Great for clients that are self directed. Many tools and excellent website

Cons

Horrible if you are a Financial Connsultant. They pull you in 10 different directions at the same time and the pay is poor. They are changing compensation and is going to be even worse unless you live in one of the bigger markets.

Advice to Management

Eliminate the good old boy club and start hiring talent from outside Schwab.

Other Employee Reviews for Charles Schwab

  1. "Employer of Choice"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Overall great company to work for
    Focused performance based culture

    Cons

    Years of layoffs have taken its toll,
    Some leaders have a tendancy to hold grudes and undermine others success, particular if there is not an alignment of views

    Advice to Management

    Examine behaviors of some indviduals within key roles within the organization and remove those whose actions are not consistent with the values of the firm. One particular leader was petty and vindictive when a difference of opinion was expressed.- This is a blind spot of some senior leaders within the organization and had negative impact on morale and the overall employee value proposition.


  2. "Top heavy, expensive senior management."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Good place for work / life balance. Room to advance if you get the right guidance / mentors.

    Cons

    Top heavy, expensive senior management. Headquarters in SF, marketing often clueless as to the client experience, which often places frontline employees in awkward discussions.

    Advice to Management

    Reduce expenses , layers, VP headcount at the senior management level. Share the wealth with client-facing employees. Implement Defined Benefit Pension Plan.

There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

See Most Recent

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