E*TRADE Financial

www.etrade.com
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Employee Reviews

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  1.  

    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
  2.  

    Good if you are in the right team

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

    I have been working at E*TRADE Financial

    Pros

    Some teams are very effective and get a lot done. Industry best practices are very team dependent. Decent vacation policy. Average pay

    Cons

    Some teams are very inefficient. No big picture vision. People work in their own silos

    Advice to ManagementAdvice

    Don't change strategy at the drop of a hat

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Unfortunately I cannot recommend working for E*TRADE at this point in time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Service Financial Consultant in Palo Alto, CA (US)
    Current Employee - Corporate Service Financial Consultant in Palo Alto, CA (US)

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

    Pros

    (1) E*TRADE Pro is a good application with a lot of usable functionality.

    (2) Equity Edge appears to be a good application. The reason why I say that is because I'm only familiar with the functionality not the reporting capabilities. Tax reporting is essential due to the nuances of stock plan compensation. Assuming that the reporting is there (and I think it is) then it is a good application with a lot of usable functionality.

    (3) The Mutual Fund All-Star List published on Etrade.com has a lot of good funds on it. There is a wide selection of classes, sectors, and geographies. Bottom-line, the funds on that list are good performers over time.

    Cons

    (1) The job description does not accurately depict the actual daily tasks and how those tasks are measured. The compensation is unnecessarily complex and can change mid-year which seems like a odd business to me.

    (2) Life at the retail branches is disconnected from the online experience. The facilities are dated based on 1970's layouts so an infusion of capital improvement needs to happen as soon as possible.

    (3) The managed account offerings (MIP & UMA) are substandard. One would expect ~7% average annual rate of returns but the actual is ~5%. My educated guess is because the funds used are A-shares not institutional class.

    Advice to ManagementAdvice

    Stop trying to be the next Amazon, Facebook, Schwab, Fidelity, etc. and just focus on being the best E*TRADE. Also, if you want to hire advisors with an existing book of business, then advertise it that way because otherwise it's misleading. I'm an optimist so I hope things turn around but unfortunately I cannot recommend working for E*TRADE at this point in time.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    somebody kill me please

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

    I worked at E*TRADE Financial

    Pros

    They pay you on time.
    They pay for your security license as well.
    Sigmund is the best trainer in the world.

    Cons

    very exhausting atmosphere...treated like machines rather than people once you get on the floor.

    Advice to ManagementAdvice

    Hire Joel Osteen as ceo...maybe it'll be nicer around there.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Project Manager

    • 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

    Easy to manage work life balance, which is generally difficult in Bay area companies. Freedom to express your view and implement the same.
    Top management keen to work with ground level employees

    Cons

    Management change has caused some anxiety among the employees. But off late that is settling down. I suppose it should change for good.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    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
  8.  

    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
  9.  

    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
  10. 1 person found this helpful  

    Financial Consultant

    • 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 branch, big espp and stock plan leads, pipeline big and robust

    Cons

    small base pay, book outflows can hurt and kill your quarter, managed money solutions below competition

    Recommends
    Approves of CEO
  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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