E*TRADE Financial - A company in turmoil | Glassdoor
There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

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Helpful (1)

"A company in turmoil"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Project Manager in Arlington, VA
Former Employee - Project Manager in Arlington, VA
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at E*TRADE Financial (More than a year)

Pros

Salary is competitive, good benefits package

Cons

With the new CEO, the company is in a huge state of flux. Multiple top level executives were given their walking papers and serious reorg is in the works. They are still digging themselves out of a huge sinkhole due to the loan crisis and are expected to cut 100 million dollars in expenses this year.

Advice to Management

GET IT TOGETHER or SELL

Other Employee Reviews for E*TRADE Financial

  1. Helpful (2)

    "Good first job"

    Star Star Star Star Star
    • 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.


  2. Helpful (1)

    "Relationship Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in New York, NY
    Current Employee - Relationship Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great place to get some experience and then move on. People are generally nice to work with.

    Cons

    Systems systems systems. For a company that prides itself on technology ETrade has more system issues than any company I've ever seen. Embarassing plain and simple.

    Some managers are severly unqualified and lack graduate degrees. Promotions are based on friendship and not merit in many departments. Professionalism is not exactly the strong suit.

    Advice to Management

    Get a clue


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

See Most Recent

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