E*TRADE Financial - Good first job | Glassdoor
There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

See Most Recent

Helpful (2)

"Good first job"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Financial Representative in Alpharetta, GA
Current Employee - Senior Financial Representative in Alpharetta, GA
Negative Outlook
No opinion of CEO

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

Pros

Etrade will train you to get your Series 7 brokers license. If you are not opposed to moving around there is some ooportunity for advancement. The company is small and earning potential is limited. It is good company to get some experience and go somewhere else to use it.

Cons

No real up earning potential because of company size and corporate structure. Company is top heavy with management and is not taken seriously by serious investors. You always get the feeling the company is about to sold or is on the market for a buyer.

Advice to Management

Make up you mind what you want to be, either an investment firm providing solid investment advice or a cheap gimmicky discount broker.

Other Employee Reviews for E*TRADE Financial

  1. Helpful (10)

    "Get a start here, but don't get too comfortable."

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

    I worked at E*TRADE Financial full-time

    Pros

    Good place for a young person starting out in the securities industry to get licensed and learn a few things. They pay for your licensing. You don't really have to take your work home with you.

    Cons

    Low pay. It's a call center. Low employee morale. Every second of your day is micromanaged. Rude customers. Promotions are actually just lateral moves to other departments doing the same thing. Company touts promoting from within but sought after positions are filled outside.

    Advice to Management

    De-emphasize the "CE" requirement. Many excellent reps do not receive the recognition they should because they choose to not abuse the referral system like other reps. Being able to "put on over" on management with inflated referral leads shouldn't be rewarded. Top referral performers are the least likely to allow others to observe their habits for a reason.


  2. Helpful (2)

    "Company in maintainence mode"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Software Engineer in Menlo Park, CA
    Former Employee - Staff Software Engineer in Menlo Park, CA
    Doesn't Recommend
    Negative Outlook

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

    Pros

    - Relaxed work environment
    - Good work life balance
    - No hectic schedules

    Cons

    - No new products
    - Maintenance of existing products
    - Least recognition for good work done
    - Benefits are ok
    - Green Card processing is very slow and bad (nothing more can be expected since the company is in cost cutting mode)

    Advice to Management

    - New products and new idea should be brought in.

There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

See Most Recent

Work at E*TRADE Financial? Share Your Experiences

E*TRADE Financial
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or