TD Ameritrade Reviews | Glassdoor

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TD Ameritrade Reviews

Updated January 18, 2018
838 reviews

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3.5
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TD Ameritrade CEO & President Tim Hockey
Tim Hockey
110 Ratings

838 Employee Reviews

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Pros
  • Great mid size company with good work life balance (in 59 reviews)

  • This is a solid firm with good benefits and perks (in 45 reviews)

Cons
  • Work/life balance is bad, overtimes and weekend work are normal things (in 15 reviews)

  • Promotional opportunities are limited to other departments in the call center until you have put in a certain amount of time (in 27 reviews)

More Pros and Cons

  1. Featured Review

    "An awesome place to get rewarded quickly for hard work."

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

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

    Pros

    Professional development opportunities galore, very unique and collaborative culture, and upward mobility. Extremely challenging depending on where you start. Great perks and benefits.

    Cons

    There are some growing pains, since the company has expanded so quickly. Middle management can be a bit out of touch at times.

    Advice to Management

    Keep focusing on the associate experience. Overall there's a great culture but since tda has grown so rapidly, it seems that is the biggest concern among employees. loved my career at TDA!

    TD Ameritrade Response

    Dec 19, 2017 – Talent Acquisition Support

    Thank you so much for your review! We are very happy to hear that you have enjoyed the professional development opportunities we provide here at TDA. We do our best to provide programs that empower... More


  2. "Tdameritrade"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Team Manager in Fort Worth, TX
    Current Employee - Assistant Team Manager in Fort Worth, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture, associate engagement, client centric

    Cons

    I can't think of anything negative

  3. "Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Town and Country, MO
    Current Employee - Administrative Assistant in Town and Country, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Positive work environment. Training always available. Work-life balance excellent.
    Develop their associates.

    Cons

    It was bought by TD Ameritrade and many positions were eliminated.

    Advice to Management

    Keep doing what you are doing. You develop people with their skills incredibly well.


  4. "Decent place to work"

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

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

    Pros

    Career opportunities, compensation is veey good.

    Cons

    Work life balance is terrible


  5. Helpful (6)

    "Legacy Scottrade Broker"

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

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

    Pros

    The daily huddles are a great addition to the schedule, allowing us to share best practices and build camaraderie. Veridesks are awesome.

    Cons

    The wheels have completely fallen off the Scottrade bus. We’re driving on rims. It’s painful for clients but excruciating for us.

    Advice to Management

    Be more transparent about the TDA roles we’re mapped to.


  6. "Good Company"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Growth Opportunity and good, but expensive benefits

    Cons

    This company is large and across many states, so it is siloed. One hand doesn't often know what the other hand is doing. Many teams are ran like individual companies.

    TD Ameritrade Response

    Jan 9, 2018

    Thank you for your feedback. As benefit costs increase in the market, TDA does work hard to absorb much of the increase to help keep the cost as low as possible for our employees. The company is... More


  7. Helpful (13)

    "Scottrade?!?!"

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

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

    Pros

    TDA is great....stable, solid and competitive compensation. Challenging career if you love sales, which I do. Also I like the fact of diversified revenue streams and trying to seriously Incorporate financial planning into the branch so the FCs actually add value and not just sales reps.

    Cons

    The only con I can think of is.....Scottrade. I thought they wanted to move up market not back. Scottrade is TD about 14 years ago and most employees went to Scottrade because they don't want to work and wanted a place to get paid to sit and do nothing all day.

    Please treat this acquisition as an ACQUISITION. It feels more like a merger and that will ruin the culture at TD and currently the culture is great.

    Advice to Management

    Charles Schwab and Fidelity are the main competition. To get competitive diversify your revenue. Buying Scottrade actually concentrated TDs revenue to more transactional based. (Aside from a lackluster Scottrade brand) Acquire or build a fund family/ETF family. Invest in a capital markets desk to generate more revenue away from trading commission. Nobody had their real assets at Scottrade so make a brand where clients are proud to keep most of their assets. Segment active traders from LTI clients and have multiple revenue streams no matter the client segment. Active traders have, think or swim and our etf fund family where LTI clients have financial planning/advice/fixed income solutions.
      We have the physical presence now to do in-branch financial advisory/RIA's in an attempt to evolve TD institutional. That will retain AD assets and diversify revenue.

  8. "TD Ameritrade"

    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 TD Ameritrade full-time

    Pros

    Great atmosphere and culture. The people are nice and for the most part, managers care about their associates and push them to reach their goals.

    Cons

    Nothing significant to share at this time.


  9. Helpful (2)

    "Not much to say"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at TD Ameritrade full-time

    Pros

    Scottrade used to be a great place to work

    Cons

    TD Ameritrade has bought Scottrade and they are getting all the accounts


  10. Helpful (5)

    "Interesting TImes"

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

    I have been working at TD Ameritrade full-time

    Pros

    Strong business, strong new CEO

    Cons

    Horribly run Merger w/ Scottrade


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