TD Ameritrade Reviews in Chicago, IL | Glassdoor

TD Ameritrade Chicago Reviews

Updated March 18, 2017
15 reviews

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Chicago, IL Area

4.7
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TD Ameritrade CEO & President Tim Hockey
Tim Hockey
2 Ratings

15 Employee Reviews

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Pros
  • An excellent work environment and work life balance (in 50 reviews)

  • If you are newly licensed and YOUNG, TD Ameritrade is a good place to start your career (in 17 reviews)

Cons
More Pros and Cons

  1. "Great culture, fun environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Rep in Chicago, IL
    Current Employee - Rep in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at TD Ameritrade full-time (More than a year)

    Pros

    Amazing Culture. Fun and Midwesty. When executed properly Lean makes Associates feel vested, engaged, and part of the solution. Great place to spend 8 hours a day.

    Cons

    Flat organization. Too much revenue derived from trading and that revenue is being slashed due to commission wars. Lean when not executed properly can feel like micro managing.

    Advice to Management

    Let's use our spunk to be cutting edge rather than stay status quo.

    TD Ameritrade Response

    Mar 23, 2017

    Thank you! We’re very proud of the culture at TD Ameritrade, and we all work hard to ensure that values resonate in the relationships we build and the work we do. As a growing company, we are ... More


  2. "review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TD Ameritrade (More than a year)

    Pros

    everyone is very helpful and it is just an overall good work culture. Everyone enjoys what they do and it shows

    Cons

    none that i can think of

    TD Ameritrade Response

    Nov 28, 2016 – Representative,TAS

    Our culture is very important to us and we strive to keep it energized and we feel that our associates do truly enjoy coming to work everyday. Thank you for the glowing review.


  3. "Exec"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook

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

    Pros

    Great company to work for

    Cons

    Needs to Grow client base

    TD Ameritrade Response

    Sep 6, 2016

    We are working to bring in more clients everyday and value the input and ideas from our employees on how to accomplish this goal. We are constantly striving to be the better investment firm and we ... More


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Always looking up"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Consultant in Chicago, IL
    Current Employee - Investment Consultant in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    technology is amazing and always improving

    Cons

    Company is repidly growing and can mean focus can shift rapidy on areas that are important.

    TD Ameritrade Response

    Jul 18, 2016 – Executive Assistant

    Thanks for leaving a comment. I agree, technology is moving faster than the speed of light and TD Ameritrade strives to stay on top of that. We have recently opened an office in Ann Arbor in order ... More


  6. Helpful (9)

    "Investment Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Consultant in Chicago, IL
    Former Employee - Investment Consultant in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    If you can't find anywhere else to house your licenses this would be a fine last choice of employment

    Cons

    This is a sales organization. They do not care about you or your supposed expertise. They offer fee laden mutual fund wraps and outside RIA investing. They refuse to let consultants give advice and try to skirt this with manipulation of rules so all sales seem unsolicited. Your boss will be a sales rep who sold well as an IC and was promoted to a terminal role (unbeknownst to him) he will be happy that he has some level of status now(a corporate credit card and glass trophies on his desk) your compensation plan will be modified every October and it will benefit shareholders and cost you. So be sure to feel good about "running in place" or "raising goals to drive growth." I'm embarrassed to have spent the years I did there but it was a bad job market a few years ago and I took what I could get... Now you have no excuse to put up with comp changes and horrid investment selections the likes of TD.

    Advice to Management

    Start over. Find leaders. Sales should be part of the equation, but not the entire equation.

    Keep it up as you have and just open some used car dealerships.


  7. "Amazing Work Environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Chicago, IL
    Former Intern - Anonymous Intern in Chicago, IL
    Recommends

    I worked at TD Ameritrade as an intern

    Pros

    Inviting atmosphere at Chicago office makes collaboration easy. The company is very horizontal- coworkers look at each other as equals. The company took a significant portion of the internship to take us to the offices of related businesses and to teach us about their entire office. I had an amazing internship experience with this company.

    Cons

    Not really much to complain about here. I guess some people would prefer to have more of a structured internship, but there was always work to be found if you looked hard enough.

    Advice to Management

    Perhaps have a more established schedule of projects for the summer. Otherwise, do your best to keep everything the same!


  8. "Executive assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in Chicago, IL
    Former Employee - Executive Assistant in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Well positioned in the industry.

    Cons

    Good place to start out but not a place to be once established.

    Advice to Management

    Improve the room for advancement.


  9. "Team Manager, Retail Trading"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at TD Ameritrade (More than 5 years)

    Pros

    Excellent focus on Professional Development, Associate empowerment, and Manager Effectiveness. Strong Core Values and Vision that everyone strives to achieve on a daily basis.

    Cons

    Work/Life balance can be difficult if you want to stand out and get ahead of the pack.


  10. "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Chicago, IL
    Current Employee - Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    TD goes out of its way for its employees. Time off is encouraged and wages are reviewed to the current market periodically.

    Cons

    Work atmosphere can be a little to enthusiastic at times, but really its not a bad thing.


  11. Helpful (1)

    "Company tries hard, but..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Developer in Chicago, IL
    Former Employee - Senior Software Developer in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Lots of software development expertise on tap, company really does seem focused on being a good place to work. Chicago office is cool in appearance. Free lunches. The overall (as in corporation-wide) culture seems to be focused on employee retention. Bonuses are good.

    Cons

    In my small group, the culture was very controlling, and micromanagement was the norm. Never received any appreciation for my contributions. Management is very old school in their attitudes. Physical comings and goings were noted to the minute, and breaks were not allowed. Yes, really, in this day and age. Chicago is a small well in a big company, but it is a poisoned one, at least, for web developers.

    Advice to Management

    Relax! Stop pushing yourselves and your people so hard. Let them take breaks outside the office; a walk down wonders for productivity. The over-controlling and micromanagement leads to a hostile and toxic workplace.



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