Charles Schwab - A Great Disappointment | Glassdoor
There are newer employer reviews for Charles Schwab
There are newer employer reviews for Charles Schwab

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Helpful (6)

"A Great Disappointment"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Financial Consultant in Chicago, IL
Former Employee - Senior Financial Consultant in Chicago, IL
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Charles Schwab full-time (More than 5 years)

Pros

I worked in a branch in Chicago, our flagship branch in fact.
Reasonable hours

Cons

Management is inept, allot of favoritism. I was one of the top producers in that branch, in fact I moved almost $100,000,000 into Advised Investing over 3 years. As you can imagine that was quite a hard thing to do. Once the pace slowed down I was managed out and had to quit verses getting fired. I left in 2007 actually, before the market crash. I told my manager I was going to begin telling clients to get out of the market, and I was told I couldn't do that, and look what happened in 2008. They dont care about their clients stay away.

Advice to Management

They wont take advice anyway, why should I waste my breath.

Other Employee Reviews for Charles Schwab

  1. Helpful (10)

    "Not the same company, now cookie cutter just like rest of the call center financial firms in Phoenix."

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

    I worked at Charles Schwab full-time (More than 10 years)

    Pros

    Their insatiable appetite to make decisions based on the bottom line and low level managers being low level across the board forced me to find myself and find a much better way.

    Cons

    Too many to list if you have a soul. Any time spent here will certainly compromise anything positive that you believe in.

    Advice to Management

    Get a clue....bunch of clowns....people are not stupid or stuck. Leveraging poor job market scare tactics to have their way and think they can make all the rules. Stop hiring people to post all the positive comments on Glassdoor. I've been on the inside, I know the truth....it's a joke but only funny in hindsight. Very sad for the many people that I know still there.


  2. "Great opportunities"

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

    I have been working at Charles Schwab full-time

    Pros

    Willing to help you advance in your career, competitive pay, good work/life balance, they don't ask too much of you

    Cons

    Big company, upper management is very distant, can care about the shareholders too much

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

See Most Recent

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