There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

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Helpful (6)

Get a start here, but don't get too comfortable.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Senior Financial Services Representative in Alpharette, GA (US)
Former Employee - Senior Financial Services Representative in Alpharette, GA (US)

I worked at E*TRADE Financial full-time

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

Pros

Good place for a young person starting out in the securities industry to get licensed and learn a few things. They pay for your licensing. You don't really have to take your work home with you.

Cons

Low pay. It's a call center. Low employee morale. Every second of your day is micromanaged. Rude customers. Promotions are actually just lateral moves to other departments doing the same thing. Company touts promoting from within but sought after positions are filled outside.

Advice to Management

De-emphasize the "CE" requirement. Many excellent reps do not receive the recognition they should because they choose to not abuse the referral system like other reps. Being able to "put on over" on management with inflated referral leads shouldn't be rewarded. Top referral performers are the least likely to allow others to observe their habits for a reason.

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  1. Everyone is an island, little opportunity to grow

    • 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 (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They hand out titles like lollipops and E*TRADE looks good on a resume.

    Cons

    They hook you in the position with a higher than normal salary and promises of bonsuses, raises and promotions. Opinion throughout the company is that these are never delivered on. Good jobs go to outside hires. Very poorly managed from senior managers on up. Extreme micro management. Policies within the company don't communicate to each other.

    Advice to Management

    Back off. Let your employees do what they were hired for without constant check ins.

  2. Helpful (2)

    Good Experience in short-term but dead end road

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Financial Services Representative in Alpharetta, GA (US)
    Current Employee - Senior Financial Services Representative in Alpharetta, GA (US)

    I have been working at E*TRADE Financial full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Makes it easy to get acclimated with the market and a range of investments. Benefits are great. Good place to get a series 7 as they have a good training program but most moves within the company after that are lateral.

    Cons

    Very micro managed. Because of this, it is difficult to create relationships within the workplace. Most employees show up and leave with very little interaction. It is luck of the draw to get off work and most people end up taking PTO days in the middle of the week because Mondays and Fridays are the busiest days. New hires typically are stuck on an off hour shift that may include nights and weekends.

    Advice to Management

    Keep a CEO longer than 6 months that can implement a strategy to be more successful.

There are newer employer reviews for E*TRADE Financial
There are newer employer reviews for E*TRADE Financial

See Most Recent

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