TD Ameritrade Reviews

Updated May 12, 2021

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4.2
78%
Recommend to a Friend
85%
Approve of CEO
TD Ameritrade CEO Walt Bettinger
Walt Bettinger
80 Ratings
Pros
  • "Value employees and great work life balance(in 123 reviews)

  • "Good benefits and working environment(in 88 reviews)

  • Cons
  • "TDA is being acquired by Schwab(in 42 reviews)

  • "got larger after scottrade merger(in 40 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Ratings by Demographics

    This rating reflects the overall rating of TD Ameritrade and is not affected by filters.

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    1. 5.0
      Current Employee, less than 1 year
      Featured Review

      Great Company

      Dec 1, 2020 - Relationship Manager in Westlake, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great upward mobility and training opportunities

      Cons

      No big cons I can think of as of now

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      TD Ameritrade Response

      Thank you for taking the time to share your experience with TD Ameritrade. Good luck in your role and we hope you continue to share updates as you continue to grow and develop your career with TD Ameritrade.

    2. 5.0
      Current Employee

      TD

      May 10, 2021 - Consultant in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great environment to work in.

      Cons

      Management changes happen very often.

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    3. 1.0
      Former Employee, more than 1 year

      Amateur route for an actual “career”

      May 11, 2021 - Financial Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The bonuses were dependent on your production so you could walk out of there with 70-80k of additional pay Work life balance is GREAT. Why? Because the work you do is remedial you can clock at exactly 5:00pm everyday with no stress or worry.

      Cons

      Everything else. - The place is a joke -Management is awful across all boards - Going through acquisition so the talent sourcing has been a joke If you are looking for an actual respected career in the industry you’d go anywhere else but here. Complete joke of a company. It’s Robinhood with a suit on in short. “Clients” more like customers aren’t going to TD for any wealth management or actual financial advice if only management understood that. You will not be an advisor in any extent, your a licensed customer service representative disguised as a “consultant”. ZERO upward mobility. It’s comical actually, you are either an FC, SFC or manager and all 3 are jokes in themselves.

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    4. 5.0
      Current Employee, more than 3 years

      TDA is a great employer

      Apr 13, 2021 - Senior Network Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      1. Quarterly bonus (this us history now with the Schwab acquisition) 2. Employee reward point system, which allowed co-workers to reward each other with points that translate to 1 point = $1. This also was phased out by Schwab. 3. Flexible work schedule.

      Cons

      TDA is a lean company. The workload is hectic. There is little tolerance for mistakes. People are fired easily for mistakes.

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      3 people found this review helpful
    5. 2.0
      Former Employee, more than 10 years

      Good place to work if you like to be pulled in 1000 directions

      Mar 25, 2021 - Branch Manager in Philadelphia, PA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pay is about average buy don't expect raises and be prepared for a 12K paycut. You will get support from peers who are in the same boat as you, only because they are worried about losing their jobs. Otherwise it's every man for himself. Another pro is at least they didn't close ALL of their branches.

      Cons

      Too much pressure to sell underperforming managed accounts. Top management is only concerned with bottom line. They talk about how great their "Culture" is when it's really non-existent.

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      1 person found this review helpful
    6. 5.0
      Current Employee, less than 1 year

      Amazing job

      May 4, 2021 - Financial Services Representative in Omaha, NE
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Insanely supportive management and amazing pay and benefits.

      Cons

      It is kind of a call center, so if that's not for you I wouldn't recommend.

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    7. 5.0
      Former Employee, more than 5 years

      Great

      May 6, 2021 - FI Sales in Southlake, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great department to work in, no complaints

      Cons

      I don't have any cons at this time

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    8. 2.0
      Former Employee, less than 1 year

      They pull you in with the pay. But, that's about all they offer...

      Apr 2, 2021 - Financial Services Representative in Omaha, NE
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pay is great PTO is great Coworkers are great

      Cons

      Poor Management Boring, repetitive work The management style is to treat you like a child. Reprimanding you and watching your every move like a hawk. You need to ask to stop taking calls in order to use the restroom. There is not very much upward movement due to the company acquisition and movement of headquarters. You also get in trouble if after the call the client reviews TD Ameritrade poorly. You see they review your service and how they feel about TD Ameritrade. You may score all 10's, but they say that doesn't matter because TD still got a lower score than that and it is your responsibility to get the client to feel better about the company.... Ridiculous.

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      1 person found this review helpful
    9. 5.0
      Current Employee

      Great way to start a career!

      May 4, 2021 - Stock Broker in Omaha, NE
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Management, career advancement, resources, benefits

      Cons

      I don’t have any critiques.

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    10. 5.0
      Current Employee

      All about the employee

      May 3, 2021 - Financial Services Representative in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      All about the employee and quarterly bonuses

      Cons

      None yet besides on the phone all day

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