Scottrade Reviews | Glassdoor

Scottrade Reviews

Updated December 6, 2017
1,037 reviews

Filter

Filter

Full-timePart-time

1,037 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • no room for advancement without relocating (in 31 reviews)

  • Slim chances of full time employment unless you move to St Louis (in 29 reviews)

More Pros and Cons

  1. "Work life balance"

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

    I have been working at Scottrade full-time

    Pros

    Work Life Balance is really nice

    Cons

    Some department career advancement is slow


  2. "Scottrade"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - QA Engineer in Saint Louis, MO
    Current Employee - QA Engineer in Saint Louis, MO
    Approves of CEO

    I have been working at Scottrade full-time (More than 3 years)

    Pros

    Very diverse and family related

    Cons

    Company was purchased by another company

  3. "Investment Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Scottrade full-time

    Pros

    Great company benefits, great culture, great co-workers

    Cons

    Company was changing their process. It wasn't very clear and new ideas keep getting put on the table with no direction

    Advice to Management

    Communicate with branch to see what is going on within the branch rather than assuming.


  4. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at Scottrade full-time

    Pros

    Team camaraderie, in my area they were working hard to instill

    Cons

    Acquisition, it's been hard on many employees


  5. Helpful (12)

    "Inexperianced Leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Saint Louis, MO
    Current Employee - Anonymous Employee in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Scottrade full-time (Less than a year)

    Pros

    It was a really nice "small company" for a while with good benefits.

    I loved our VP and Executive leadership

    Cons

    They have a "Promote the employee who's been there the longest" culture which does not always translate into good management. I had a manager who was very young and very immature, she was a horrible communicator and did not know when she was over sharing information. Very poor leadership.

    She took everything personal and if you tried to have an adult conversation with her she would put words in your mouth and completely misunderstand and twist what you were saying.

    Advice to Management

    If this is the culture in which you choose to pursue at least provide leadership training.


  6. Helpful (29)

    "Total Disaster"

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

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

    Pros

    Having transferable talent. Despite the train wreck the local managers and regional manager are pretty cool. Though this is not the norm nationwide. If you are lucky enough to stay on with the buy out you will make less $ than your TD counterparts, your PTO is being cut, and your 401k match is being decreased.

    Advise: start your job search now so you have less competition.

    Cons

    -Same client lists every month.
    -Continued pressure to sell relationships that may or may not exist in 4 mos.
    -Not offering guidance in the branch
    -Technology lags the industry big time- what they find new and exciting other firms were doing in 2010.

    Advice to Management

    Do more to retain your employees. CEO retiring with $4bil should share the wealth with the people that made it for him. Call this what it is- its a buyout- not a merger. Cut the sales goals and do whatever it takes to hang onto your employees to get you through the acquisition. Speed up the internet so they can at least entertain themselves with Youtube since you aren't doing anything to attract new clients.


  7. "Very comfortable and friendly environment"

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

    Pros

    Friendly environment, along with solid benefits. You can tell leadership cares about the people. Growing company that allows for career advancement.

    Cons

    There are certainly the typical corporate ranking negatives when working on a project with multiple teams. With the acquisition of TD purchasing Scottrade, TD is not keeping all Scottrade employees.

  8. "Financial Service Representative"

    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 Scottrade full-time

    Pros

    offer great benefits and compensations

    Cons

    career path is not very clear


  9. Helpful (1)

    "Support Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Scottrade full-time

    Pros

    Consistent shift schedules. Plenty of benefits.

    Cons

    Micromanagement. Linear growth paths.


  10. Helpful (2)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - N/A in Saint Louis, MO
    Current Employee - N/A in Saint Louis, MO
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scottrade full-time (More than 10 years)

    Pros

    pay, flexibility, challenges, hours, associates

    Cons

    being acquired by TDA is of concern since no one knows their status going forward


Showing 1,037 of 1,153 reviews
Reset Filters