TD Ameritrade Reviews

Updated 8 May 2021

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4.1
77%
Recommend to a Friend
85%
Approve of CEO
TD Ameritrade CEO Walt Bettinger
Walt Bettinger
78 Ratings
Pros
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.
  1. Featured Review

    "Great Company"

    5.0
    Current Employee - Relationship Manager in Westlake, TX

    I have been working at TD Ameritrade full-time for less than a year

    Pros

    Great upward mobility and training opportunities

    Cons

    No big cons I can think of as of now

    TD Ameritrade Response

    December 2, 2020

    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. Helpful (2)

    "TDA is a great employer"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Network Engineer 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at TD Ameritrade full-time for more than 3 years

    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.

    Continue reading

  3. "Great"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - FI Sales in Southlake, TX
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at TD Ameritrade full-time for more than 5 years

    Pros

    great department to work in, no complaints

    Cons

    I don't have any cons at this time

    Continue reading
  4. "Amazing job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Omaha, NE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TD Ameritrade full-time for less than a year

    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.

  5. "All about the employee"

    5.0
    Current Employee - Financial Services Representative in Dallas, TX

    I have been working at TD Ameritrade full-time

    Pros

    All about the employee and quarterly bonuses

    Cons

    None yet besides on the phone all day

  6. "Good experience"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Intern in Southlake, TX

    I worked at TD Ameritrade part-time for less than a year

    Pros

    Good experience for college students wanting to break into financial services.

    Cons

    Only part time available for interns

  7. Helpful (1)

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

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Branch Manager in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook

    I worked at TD Ameritrade full-time for more than 10 years

    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.

    Continue reading
  8. "Great way to start a career!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Stock Broker in Omaha, NE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TD Ameritrade full-time

    Pros

    Management, career advancement, resources, benefits

    Cons

    I don’t have any critiques.

  9. "Great company!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Product Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at TD Ameritrade full-time

    Pros

    Valued associates and did not tolerate associates who were jerks or a bad fit to the culture.

    Cons

    Leadership team was not willing to think long term and hence they were bought out by Charles Schwab. Promotions were often based on personal relationships vs. merit

  10. Helpful (1)

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

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Omaha, NE
    Doesn't Recommend
    Positive Outlook

    I worked at TD Ameritrade full-time for less than a year

    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.

    Continue reading
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