TD Ameritrade - Slightly behind competitors but devoted to getting ahead. Healthy culture and continues to move in the right direction. | Glassdoor
There are newer employer reviews for TD Ameritrade
There are newer employer reviews for TD Ameritrade

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"Slightly behind competitors but devoted to getting ahead. Healthy culture and continues to move in the right direction."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Billings, MT
Current Employee - Anonymous Employee in Billings, MT
Positive Outlook
Disapproves of CEO

I have been working at TD Ameritrade full-time

Pros

The company tries to do the right thing in all it does. Its a place where hard work is recognized and there is a culture that focuses on recognizing hard working associates. Benefits in-line with competitors and top sales associates can do extremely well with total compensation.
Products and compensation are developed to reduce conflict of interest with the client as much as possible and I think they succeed. Employees can sleep at night since we try to do the right thing for each client.
TDA feels like its moving in the right direction and still has that scrappy young feeling like there is more to do to be better. Management seems to get it that there is still work to be done here.

Cons

Need to figure out the branch model more to provide growth for people who have been there a while. Too much focus on front end of pipeline - let the stragglers be managed one on one instead of the whole team if they are weak.
Management is definitely political - obvious in certain areas of the country like East coast.
The compensation plan does not encourage developing relationships with existing clients. Its more transactional. Minor focus on high net worth clients but not enough. Resulting client interactions are transactional.

Advice to Management

Move beyond the activity based stuff and more on the relationship building with clients. Skew the comp plan so those weak on the basics flunk out and the strong performers are rewarded more. Focus on the next level instead.

Other Employee Reviews for TD Ameritrade

  1. "One of the better employers in the industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Consultant in Austin, TX
    Current Employee - Investment Consultant in Austin, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at TD Ameritrade full-time (More than 5 years)

    Pros

    Good opportunities to advance and develop

    Cons

    Tight sales goals with complex comp plan


  2. Helpful (1)

    "High Stress"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Representative in Omaha, NE
    Former Employee - Registered Representative in Omaha, NE
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at TD Ameritrade full-time (More than a year)

    Pros

    The pay is great for hourly pay. Bonuses are being reduced though

    Cons

    Lots of stress to sell, if you dont meet your numbers, you will be written up, and eventually fired.

There are newer employer reviews for TD Ameritrade
There are newer employer reviews for TD Ameritrade

See Most Recent

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