Scottrade Reviews in St. Louis, MO | Glassdoor

Scottrade St. Louis Reviews

Updated July 25, 2017
239 reviews

Filter

Filter

St. Louis, MO Area

239 Employee Reviews

Sort: PopularRatingDate

Pros
  • Work/Life Balance is a great perk (in 134 reviews)

  • Good people, 401k match is amazing (in 58 reviews)

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

  • A glass ceiling exists unless you choose to move to St Louis where the corporate office is located (in 28 reviews)

More Pros and Cons

  1. "Awesome place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Scrum Master in Saint Louis, MO
    Former Contractor - Scrum Master in Saint Louis, MO
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Scottrade as a contractor (Less than a year)

    Pros

    The culture, environment and overall value of their employees is par none.

    Cons

    There really are no cons. This is an awesome place to work.


  2. "Financial Services Representative II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative II in Des Peres, MO
    Current Employee - Financial Services Representative II in Des Peres, MO
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Scottrade full-time (More than 8 years)

    Pros

    Culture, management, communication, encouragement to advance, fun

    Cons

    I don't have any at the moment!

  3. Helpful (2)

    "Great place to work at."

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

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

    Pros

    Good work-life balance. Hard work and dedication gets often noticed and appreciated.

    Cons

    Not much room for innovative ideas. Management likes to have a grip on the employees.

    Advice to Management

    Allow the IT employees to sign up for the courses that they want to from the IT driven training program instead of restricting them.


  4. Helpful (38)

    "PLEASE don't sell us Rodger!!!"

    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
    Neutral Outlook
    Approves of CEO

    I have been working at Scottrade full-time (More than 8 years)

    Pros

    PLEASE don't sell us Rodger!!! We're YOUR Scottrade Family and we're here because of YOU! There are several pros, but our company's culture has declined from the very people "rumored" to potentially buy us. Please please please Rodger, consider returned loyalty to your longtime Scottrade vets.

    Cons

    Potentially being sold, which will destroy a lot of families and lives! We know there are a lot of bad reviews, but I'm sure plenty of people would stand with me for the above plea.
    To: Mr. Rodger Riney & Mr. Peter DeSilva- You CAN right this ship together, a lot of us STILL believe in you. Toss out the bad apples that have come over from TD, and let's set sail into the purple sunset ahead of us. The grass isn't always greener.

    Advice to Management

    KEEP AND DO NOT SELL!!! PLEASE, THE PEOPLE BEG OF YOU!!!


  5. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Brokerage Strategy Analyst in Saint Louis, MO
    Current Employee - Senior Brokerage Strategy Analyst in Saint Louis, MO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great work/life balance for employees

    Cons

    Not much accountability. Lack of leadership


  6. "St"

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

    Pros

    Benefits are pretty darn good

    Cons

    Schedule is very limited at times

    Advice to Management

    Keep supporting people


  7. Helpful (1)

    "Great Work Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Saint Louis, MO
    Former Employee - Financial Services Representative in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Scottrade full-time (More than 3 years)

    Pros

    I worked at headquarters and there was tremendous opportunity for growth. I moved up several times in a few short years and nearly doubled my salary. I left the company for personal reasons but I would've definitely stayed long term otherwise. The benefit package is great!

    Cons

    Internal processes can be slow. HR takes their sweet time filling internal roles which is really frustrating. I know Scottrade pays significantly less than competitors;however, in my time at Scottrade I saw many brokers leave Scottrade for more money only to come back a few months later. Work life balance is important!

    Advice to Management

    Scottrade has been going through so many changes in the past few years, keep investing in your employees. Develop them and create strong relationships.

  8. Helpful (45)

    "Not"

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

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

    Pros

    Great people work there. The people are the greatest strength the company has, and you will gain a lot from the relationships there. If you keep your eyes open, you can learn a lot.

    Cons

    The people are the greatest asset, but the focus is now on tasks and metrics, not people. We are no longer "employees", "associates", or "people". We are "headcounts" or "resources" and the message is clear that there are too many of us. If we leave the company, we are not going to be replaced, and our co-workers have to pick up our slack. So, there is a strong resistance to go above and beyond or take on more responsibility because it will bite us in the end. Killing ourselves to complete a system conversion by January, which will be a waste once the company is sold.

    Advice to Management

    Be honest with yourselves, and with the employees, about what you really value today, not what you valued yesterday, or what you think people want to hear.


  9. Helpful (43)

    "Every Dog Has Its Day"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Analyst in Saint Louis, MO
    Former Employee - Systems Analyst in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Scottrade full-time (More than 5 years)

    Pros

    Great benefits as mentioned before - 401K match, health coverage, $750 HSA seed money every year, $300 towards gym memberships; the benefits are off honestly great

    Cons

    Everything besides the benefits; the place is a dumpster fire - there was just no talent at the top of the organization for so many years; this led to no real strategic vision/planning for the company while all its competitors evolved into asset gathering mode; no one should be surprised that Scottrade failed to scale and missed the boat by 10-15 years; having said that, selling the company is the right choice - this firm would've just died a slow death like Kodak

    Advice to Management

    Go back in time 15 years, fire yourselves and bring in professional managers with actual college degrees, experience in strategic planning and execution


  10. "Product Analyst"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    They've always had a great work/life balance.

    Cons

    Departments can be very siloed and lack of urgency.


Showing 239 of 1,096 reviews
Reset Filters