TD Ameritrade Reviews

Pros

They place a great emphasis on what you can do and not as much on where you went to school. Paid study time to go through your initial licensing as well as additional paid time for studying outside of work if a promotion requires any additional licensing. Matching 401k, generous paid time off, profit sharing and from what I hear decent health insurance (I get insurance through my partner). They are inclusive and have a good set of values that are demonstrated through how they treat their employees.

Advice to Management

We stand by our value proposition that we offer a higher quality of our products and services over the cheapest rates. Make sure that we are properly investing in our technology so that we are able to deliver to clients a platform and trading experience that is never interrupted or delayed and that is flawless and exceeds their yet to be known expectations.

Pros

Lots of opportunity in a big company.

Pros

I was a "legacy" Scottrade employee and became part of the TD Ameritrade family when Scottrade was sold to TD Ameritrade.

Pay, benefits, and bonuses are very good. Communication is very good - top leadership and department leadership hold regular "town-halls" to communicate status. As a Scottrade "legacy "employee, I didn't have much interaction with the TD Ameritrade folks. I knew for two years I would be laid off. During the transition, the Scottrade people were treated very fairly. We received all the benefits, bonuses, and merit increases as everyone else. TD Ameritrade a good company to work for.

Advice to Management

Most of the Scottrade people are gone. Please treat the remaining ones as you treated me.

Pros

-CEO is amazing. I’ve worked for large corporations where I’ve never seen the CEO. I’ve met mine on several locations. Once he even bought everyone breakfast and served it to us personally to say thanks.
-Paid maternity leave is great! This is for both moms and dads
-Easy to move up

Advice to Management

Keep it up!

Pros

The best part of this career is meeting the people in the community and providing financial advice. Most customers are really nice and my former manager and co workers were also extremely fun and helpful. I think there has been many changes since I left, including the whole office team so not sure if its the same any more.

Pros

Good benefit, take care of employees.

Pros

Great Training
Open door Policy
Company is Growing

Pros

Tim Hockey is a really great CEO. Scottrade provides good influence on comapny culture and ethical practices. Associates have been invited to give input, and communication from the top indicates these voices are listened to and acted on.

Advice to Management

It is clear that there is a damaging legacy at TDA: individuals who lacked compentencies were nevertheless rewarded with promotions. It is also clear that some supporting departments are a place to stack deadwood no one had the heart to fire. My department is so bloated that it will never be able to offer the upward mobility I had hoped for--it could easily be reduced by 2/3 and produce higher quality work. Far from bloating being a merger issue, our St. Louis department was reduced to 1/5 of its Scottrade size, and hiring has been going on non-stop at all sites since (why?) HR may hold the key. They may be responsible for failingto be good stewards in the past, and for the present inability to move the needle towards competency.

Pros

Way to earn securities license

Advice to Management

A STL team manager said it best: TDA is a pit stop, NOT a destination.

Pros

Quarterly bonuses, a nice building, and a nice cafeteria

Advice to Management

Implement a better vetting system when hiring managers internally.