The Schwab Financial Consultant role is NOT a career - Financial Consultant Charles Schwab Employee Review

1.0
6 Jan 2018
Recommend
CEO approval
Business outlook

Pros

Good benefits. Good place to get your feet wet.

Cons

Management (especially branch managers) love to micro manage. These days they call it UOP. Managers play favorites and in some offices, they do not let some qualified women even interview for the FC job. They prefer to keep them in the supporting roles. You will be expected to work nights and some weekends. While management can't require it.... it is strongly inferred. The non-compete is the worst in the industry. Once you start working at Schwab, it is extremely difficult to leave for another Financial Services company. I would strongly recommend looking at Fido to TD as better alternatives.

Explore other reviews about Charles Schwab

5.0
7 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Lots of learning opportunities with opportunities for growth.

Cons

Limited to RM role for promotion, where you get stuck in that role.

3.0
29 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great clients, decent benefits, acceptable pay, excellent training for when you move on.

Cons

Pay below competitors, constant inbound calls, stringent metrics that tighten annually, middle-of-the-road work-life balance. Schwab used to have great culture, but it becomes more "corporate" every year and with every new CEO. The "Executive Council" is wildly out of touch with frontline employees and needs to stop passing the buck of employee dissatisfaction into the managers.

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