Charles Schwab Reviews

Updated Jun 23, 2022

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Found 4,017 of over 4,423 reviews

4.0
79%
Recommend to a Friend
88%
Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
2,248 Ratings
Pros
  • "Good work-life balance especially during COVID since it's fully remote for now(in 326 reviews)

  • "Good Benefits with company matching(in 210 reviews)

  • Cons
  • "limited job availability in San Francisco(in 79 reviews)

  • "pay kind of low but work-life balance was great(in 72 reviews)

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

    What people are saying about Charles Schwab

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    Financial Advisors

    5m

    a 

    Managing Principal

    We are in the process of consolidating accounts for a new client and moving them over to Charles Schwab where we custody - all straight forward stuff. The client has an old 401k from a previous employer and filled out the paperwork with that 401k to roll it to Schwab. So about $470k hit her Schwab account last week. And then exactly 7 days later, another $460k hits again. Both from the 401k custodian. But her account was only $470k. I think they messed up royally. Now what???

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    1. 5.0
      Current Employee, more than 3 years
      Featured Review

      Best in class work experience

      Aug 5, 2021 - Director in Lone Tree, CO
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A strong culture of respect, support, and kindness provides a foundation for every employee at Schwab. I appreciate the thoughtful way Schwab approaches all aspects of employee development and care. I feel like my manager is an advocate who thinks about and works to secure my future. Schwab ERGs allow me to be involved in things that matter to me, including supporting equity for Black and LGBTQ Americans. Schwab demonstrates the best of what corporate America can be.

      Cons

      Schwab is working towards more diversity at the executive committee level, but, objectively, it's not there yet. I would love to see Schwab further commit to environmental responsibility--and demand it of vendors (like the Schwab Cafe). There is some good effort there, but this is an opportunity to lead that aligns with Schwab's orientation toward planning and preparing for the future. I would like to see only organic gardening practices on site (no damaging herbicides or pesticides), re-use of our own composting, reliance on reusing dishes and silverware (removal of plastic options), and investing in renewable energy infrastructure (solar, wind, geothermal) on campuses.

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      21 people found this review helpful
    2. 4.0
      Current Employee

      Great people with a teamwork mentality

      Feb 27, 2022 - Content Strategist 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      They believe in the value of professional development and even set aside a few days a year for it. Good pay and benefits.

      Cons

      Could be more organized in terms of project management.

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    3. 4.0
      Current Employee

      Great

      Jan 22, 2022 - Manager in Cheltenham, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very good people people peolle

      Cons

      Long hours hours hours hours

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    4. 4.0
      Current Employee

      Director

      Apr 16, 2015 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good work life balance, excellent departmental colleagues, good attitude to training and personal development and allowance for time to do so. Good people managers - managers are allowed the time to manage their team. Good salary package.

      Cons

      Tendency to put a gloss on things that is not a true representation of the facts.

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    5. 5.0
      Former Employee, more than 1 year

      Good but was not for me

      Jun 23, 2022 - Broker 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Great learning environment - Great training and resources - Good pay

      Cons

      - Upset people daily - 8+ hours on the phone

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    6. 4.0
      Current Employee, more than 3 years

      Good company

      Jun 22, 2022 - Administrative Assistant in Phoenix, AZ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nice people, diverse , Sabbaticals after 5 years

      Cons

      Benefit are lacking for the experienced employees

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    7. 4.0
      Former Employee, more than 5 years

      Schwab

      Jun 21, 2022 - Financial Consultant in Phoenix, AZ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Large company with many avenues to pursue, reputation

      Cons

      Politics, no flexibility, inability to transition to different areas

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    8. 5.0
      Current Employee

      Relationship Specialist - never a dull day

      Jun 19, 2022 - Relationship Specialist 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Positive environment, flexibility in workplace, you get out of it what you put into it. The opportunities are great if you show passion and good work ethics.

      Cons

      Do the bare minimum and likely not to move up (fair), expanding knowledge of other roles or overall department is left up to you. Caseloads are too much and no way to document each individual's metrics to determine how much work you are doing compared to peers. Improvement in procedures it too difficult to be done due to multiple locations and different viewpoints of what the role is.

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    9. 5.0
      Current Employee

      Awesome place to work

      Jun 20, 2022 - Financial Services Professional Registered Representative 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great place for brokers to work

      Cons

      No cons about working at schwab

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    10. 5.0
      Former Employee, more than 1 year

      Good

      Jun 18, 2022 - Financial Services Representative 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good team atmosphere. Help you achieve licensing.

      Cons

      Lots of client calls per day Wouldn't recommend if you don't like talking to 50+ people/day.

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    Viewing 1 - 10 of 4,017 Reviews

    Charles Schwab Reviews FAQs

    Charles Schwab has an overall rating of 4.0 out of 5, based on over 4,423 reviews left anonymously by employees. 79% of employees would recommend working at Charles Schwab to a friend and 80% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.

    According to anonymously submitted Glassdoor reviews, Charles Schwab employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Charles Schwab. This rating has improved by 2% over the last 12 months.

    79% of Charles Schwab employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Charles Schwab 4.0 out of 5 for work life balance, 4.1 for culture and values and 3.9 for career opportunities.

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