E*TRADE Financial

www.etrade.com

E*TRADE Financial Reviews

Updated 27 January 2015
Updated 27 January 2015
337 Reviews
2.8
337 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Paul T. Idzik
73 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

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  1. 1 person found this helpful  

    Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Management in Arlington, VA (US)
    Current Employee - Risk Management in Arlington, VA (US)

    I have been working at E*TRADE Financial full-time (more than 8 years)

    Pros

    Executive leadership now in place recognizes the value of risk management. More structure has been employed which will ensure that the firm continues to grow and provide value added products to our customers.

    Cons

    Lack of leadership training and succession planning making it difficult to grow your career in most, not all, departments. The leadership training is left up to senior management over the department.

    Advice to ManagementAdvice

    Employ a firm wide leadership training program and hold all senior managers accountable for developing leaders within their team.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Redline

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative
    Former Employee - Customer Service Representative

    I worked at E*TRADE Financial

    Pros

    A good learning environment for beginners.

    Cons

    Micro managed and way over-worked.

    Advice to ManagementAdvice

    Dump the junk accounts and properly staff the queue. One person doing the work of five people isn't kosher.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Financial Consultant

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

    I worked at E*TRADE Financial full-time (more than 10 years)

    Pros

    A lot of good people work there, current management is good, moving the company in the right direction. Guaranteed good friends will be made there. Becoming more of a presence in the investment advice arena. Salary plus quarterly bonus structure, but the bonus can fluctuate quite a bit, sometimes 0 for a quarter which can be tough. However the bonus is uncapped, some people can do really well, others struggle.

    Cons

    Extreme micro management from the top down. Many different systems are used to manage clients, view client accounts, view your compensation, etc. wish it was all better integrated. Abundance of leads but not a great lead qualification system. Limited product line for clients although it will expand. Seems as though departments within the company do not work together enough FOR THE CLIENT; a product of many departments being understaffed.

    Advice to ManagementAdvice

    Current management is doing a good job of cleaning up balance sheet issues that plagued the company a few years ago, things definitely look up. They are saying the right things to give employees the impression that things will be much better in the future but actions speak louder than words, time for some more actions to happen.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Small but hierarchical

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Financial Analyst in Jersey City, NJ (US)
    Current Employee - Lead Financial Analyst in Jersey City, NJ (US)

    I have been working at E*TRADE Financial

    Pros

    small company feel
    friendly employees
    great work/life balance

    Cons

    limited mobility
    very hierarchical
    constant salary freeze/low pay

  6.  

    Couldnt leave fast enough

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Software Engineering in Menlo Park, CA (US)
    Former Employee - Staff Software Engineering in Menlo Park, CA (US)

    I worked at E*TRADE Financial

    Pros

    Cant think of too many. The hardware was nice I guess.

    Cons

    No perks. Rampant mismanagement. Too many people just showing up for a paycheck.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Financial Representative

    • 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

    They allow overtime and pay time and a half

    Cons

    call center, Lots of sales pressure

    Recommends
    Negative Outlook
    Disapproves of CEO
  8.  

    E*TRADE

    • 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

    Great leadership. Great Work/Life Balance

    Cons

    I have not found anything yet

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    I truly enjoy working at ETRADE.

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

    I have been working at E*TRADE Financial

    Pros

    Good pay. Good leads. Good management. CEO has done a wonderful job. Good work/life balance. Great benefits. Health insurance is great! Great people. Great experience. Great clients to work with. All in all, I really enjoy working with ETRADE.

    Cons

    100% 401K match would be better than 50%. That's nitpicking though.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    E*Trade is a great company to work for.

    • 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 full-time

    Pros

    The company provides training that prepares you for both the Series 7 and 63 exams.

    Cons

    If you fail the Series 7 or 63 the company will terminate you.

    Recommends
    Positive Outlook
  11.  

    Kind of quiet

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Arlington, VA (US)
    Former Employee - Analyst in Arlington, VA (US)

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

    Pros

    Opportunities are available for those that apply themselves. The locations great and so are the views. Great people in a challenging environment.

    Cons

    Upper management has shipped off to New York and is no longer around. Number of consultants in key roles.

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook

E*TRADE Financial Photos

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

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