E*TRADE Financial Reviews

Updated 29 October 2014
Updated 29 October 2014
308 Reviews
2.7
308 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Paul T. Idzik
59 Ratings

Review Highlights

Pros
  • Etrade values work life balance and offers opportunities to advance in your career path (in 16 reviews)

  • The Series 7 and 63 training is free and useful in other jobs (in 13 reviews)


Cons
  • could improve in employee work life balance (in 10 reviews)

  • Call center work can eventually wear on an individual (in 14 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Learned a lot.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Desktop Support in City of London, England
    Former Employee - Desktop Support in City of London, England

    I worked at E*TRADE Financial

    Pros

    Etrade is a very large and well respected US business!

    Cons

    Sadly, due to the recession they have no longer have a UK operation.

    Recommends
    No opinion of CEO
  2.  

    Fair organzation when it comes to promotion

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Manager in London, England
    Current Employee - Senior Manager in London, England

    I have been working at E*TRADE Financial

    Pros

    Freedom, roll up your sleve attitude, ability to really make a change and have an impact, overall competence of senior management

    Cons

    matrix organization leading to lack of decision taking, need for a bigger and more ambitious vision for the product, lack of customer centricity

    Advice to ManagementAdvice

    think global, act local

    Recommends
    Approves of CEO
  3.  

    Compliance Ananlyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Compliance Analyst in Chicago, IL (US)
    Current Employee - Compliance Analyst in Chicago, IL (US)

    I have been working at E*TRADE Financial full-time (more than an year)

    Pros

    Good people, and they listen to your input.

    Cons

    Job was tedious and repetitive.

    Advice to ManagementAdvice

    Be more involved in your departments training.

    Recommends
    Approves of CEO
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  5. 1 person found this helpful  

    Great Company

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

    I have been working at E*TRADE Financial

    Pros

    Good pay and introduction to the financial service industry.

    Cons

    Stagnant growth. Many individuals are in the same positions for many years.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Excellent eye-opener

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Web Design in New York, NY (US)
    Current Employee - Web Design in New York, NY (US)

    I have been working at E*TRADE Financial as an intern (less than an year)

    Pros

    The creative team is always on the know about current technology. The company has an awesome branding and style-guide to work with.

    Cons

    I could see somedays getting put-off by slow approval of proposed creative ideas.

    Advice to ManagementAdvice

    None really

    Recommends
    Positive Outlook
    Disapproves of CEO
  7.  

    E*TRADE - Not awful, not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Lead in Sandy, UT (US)
    Former Employee - Team Lead in Sandy, UT (US)

    I worked at E*TRADE Financial full-time (more than 5 years)

    Pros

    Decent, reasonably professional work environment. OK place to start out and get licensed. The UT office is located in a nice area.

    Cons

    Low operational standards frequently result in customer dissatisfaction, and force representatives to be in a near constant state of apology and appeasement. I would never recommend this employer to a friend.

    Advice to ManagementAdvice

    For the love of all that's holy, invest in some technology. It is not OK for you to still be stuck in the 90's.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Not as cool and innovative as they seem on their commericials

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)

    I worked at E*TRADE Financial full-time

    Pros

    Decent pay and some perks with E*TRADE products

    Cons

    1. From the moment you start, you get a sense of how petulant and self-involved Sr Management is. Their leadership for the past several years has been a revolving door.
    2. If you expect to be properly trained, told what you responsibilities are, given a bigger picture or purpose for projects, or are looking for your manager to be interested in your growth and development, this is the wrong place for you.
    3. Your ideas/input don't matter, your manager is going to do whatever he/she thinks is best to please his/her superiors
    3. Above all, this is a fear culture. There were plenty of nice people, but they were stressed out all of the time because of their managers' demands and aggressive management style
    4. Work life balance is abysmal. In some groups you are expected to stay outside of normal working hours every day, regardless if you've finished all your work for the day simply for "appearances".

    Advice to ManagementAdvice

    Start creating a different culture from the top down. Employees are not engaged, are not treated well, and need to see a change in the attitude of their leaders.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Low quality work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in San Francisco, CA (US)
    Former Employee - Financial Consultant in San Francisco, CA (US)

    I worked at E*TRADE Financial full-time (more than an year)

    Pros

    They have clients for you to develop your skills with.

    Cons

    To simplistic of a business model. It is E-Trade. Recall the phrase, "You get what you pay for."

    Advice to ManagementAdvice

    Stop micromanaging your employees, and treat them as adults.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Great company to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Stock Broker in Alpharetta, GA (US)
    Former Employee - Stock Broker in Alpharetta, GA (US)

    I worked at E*TRADE Financial full-time (more than 3 years)

    Pros

    Benefits and training opportunities abound along with internal promotional opportunities. Decent salary also.

    Cons

    Sometimes sales quotas are difficult to meet for certain positions. This is expected and meeting those quotas can lead to significant bonuses.

    Advice to ManagementAdvice

    Employee morale is important within any company.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    E*TRADE Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Alpharetta, GA (US)
    Current Employee - Anonymous Employee in Alpharetta, GA (US)

    I have been working at E*TRADE Financial full-time

    Pros

    High energy leadership team that isn't afraid to change things that need changing makes for great opportunities to make a real difference and advance in one's career. Mid-level leadership show true caring for their people.

    Cons

    The largest challenge is keeping up with the pace of work. With so much change for the better happening, the pace can be exhilarating or overwhelming.

    Advice to ManagementAdvice

    There is a solid plan for success in place. Do not be deterred by short-term challenges that might derail the company's transformation. Keep the faith and E*TRADE will be great again.

    Recommends
    Positive Outlook
    Approves of CEO

E*TRADE Financial Photos

Office Building top three floors are E*Trade
Sandy Call Center

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