- Former Employee★★★★★
High Pressure SalesMay 22, 2021 - Investment ConsultantRecommendCEO ApprovalBusiness Outlook
TD Ameritrade offers a lot of training and support to be successful in a financial sales environment. It is a large company that provides great pay, has excellent benefits and values work/life balance.
I came to TD Ameritrade due to the acquisition of Scottrade. From an employee standpoint, Scottrade was the better company and valued their employees in a way TDA didn't. While TDA gives employees the tools to be successful, that success is contingent on a lot of factors that might not make it possible. On the surface, TDA comes across as a company that focuses on providing a service that is looking out for the client. In reality, Investment Consultants experienced high pressure to meet mostly out-of-reach sales targets that were the same no matter what geographic region you were in. This pressure caused Investment Consultants to hammer managed accounts to almost every client whether it was appropriate or not because TDA was trying hard to transition away from trading as its main revenue source. Since TDA is a firm the vast majority of clients come to for self-directed trading, the managed account sell can be a hard one. The transition from Scottrade was rocky and you consistently felt as if the "purple" side was never fully welcomed into the fold. I think Schwab is a premier organization on all fronts and now that TDA is becoming Charles Schwab, the outlook is much brighter.
- Current Employee★★★★★Nov 20, 2022 - Executive Assistant in Omaha, NERecommendCEO ApprovalBusiness Outlook
Great company benefits and perks
No cons good company overall
- Former Intern, more than 1 year★★★★★Nov 16, 2022 - Customer Service InternRecommendCEO ApprovalBusiness Outlook
Culture is cool, coworkers were nice, and the job itself was pretty simple.
Things can get a bit boring over time as there are only a few departments you can move across the company without having to meet completely set of requirements.