Scottrade Reviews | Glassdoor

Scottrade Reviews

Updated October 16, 2017
1,009 reviews

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1,009 Employee Reviews

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Pros
  • Work/Life Balance is a great perk (in 135 reviews)

  • Good people, 401k match is amazing (in 60 reviews)

Cons
  • This practice also doesn't leave room for advancement because incompetent people get promoted and stay there (in 31 reviews)

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

More Pros and Cons

  1. Helpful (19)

    "Gone with the wind"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Scottrade full-time

    Pros

    Old private co was perfect. Old CEO was usually nice a guy. The co-workers...and few select customers...are what made this a good job.

    Cons

    Low pay. Average benefits. Average 401(k) match. Sold to TD Ameritrade. Now the waiting, guessing, back stabbing, customer stealing, call campaigns are starting again. So many un-helpful calls, meeting , conferences.

    Advice to Management

    Gone with the wind...the show is over...quit trying. Stop asking for fake reviews. Quit posting fake reviews. Give everyone retention...severance too...not just a few. We know the goal will be $12,000,000 new assets per employee...and no severance...and you'll close most branches layoff most within 18 months.


  2. Helpful (16)

    "Toxic company to work for"

    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
    Disapproves of CEO

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

    Pros

    None at this time- would give zero stars if available.

    Cons

    This company hires branch managers with dirty U4s-likely because no one else wants to work for them. They are then surprised when those managers turn out to not be a great fit. Scottrade is a poorly run company who time and time again will put their employees in bad situations ranging from sexual harassment to illegal business activity. TD should clean house and get rid of everyone from the branch managers up.

    Advice to Management

    Get a clue

  3. Helpful (19)

    "Acquisition"

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

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

    Pros

    Great company, great people, great work life balance. You can tell this company was once a great place to work.

    Cons

    so sad to see company is to be purchased by TD Ameritrade. It's a shame Riney couldn't figure out what else to do with it besides sell it to a competitor.. everyone's jobs are at risk so morale is low.


  4. Helpful (30)

    "The positive reviews are all fake and paid for."

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

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

    Pros

    None at this time. Everyone is in zombie mode working for a company that doesn't care.
    Benefits still exist for a short period of time but they will be changing soon when the company is TD.

    Cons

    Find something now before this company tosses you out for an newer model. They don't care about their employees you are just a butt in a seat right now soon to be set out to pasture.

    Advice to Management

    TD should fire everyone from branch manager up and start fresh. The management teams all the way up to DVPs are liars and cheats and will step on anyone they can to make their six figure salaries. Very sad.


  5. "Overall a good place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scottrade full-time

    Pros

    Good work culture and good company

    Cons

    less flexibility and middle management not very good.


  6. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internship
    Former Employee - Internship
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scottrade (More than a year)

    Pros

    Great Team, People, and staff that really care about what they do

    Cons

    Minimal openings at individual branches

    Advice to Management

    Be open to relocation


  7. "Great Place to Work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Scottrade full-time

    Pros

    Great work culture year after year

    Cons

    i do not have any cons

  8. Helpful (15)

    "Gets worse as you learn more"

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

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

    Pros

    Pay is decent. There is a lot of autonomy in how you accomplish your work based on your branch. Small office feel.

    Cons

    Systems are absolutely the worst I've ever experienced. Daily, I find a new system limitation. It's clear that management has been coasting for some time now. Poor vision, limited investment in technology.

    Advice to Management

    Sell to TD before you sink this ship.


  9. "Relationship Manager 2"

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

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

    Pros

    Great working environment. Generous employee benefits.

    Cons

    Merging with TD Ameritrade this year.


  10. "TA2"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Work/Life Balance is a great perk

    Cons

    None at this time to display

    Advice to Management

    keep doing what you are doing.


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