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5 people found this helpful  

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

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 ManagementAdvice

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.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

Other Reviews for E*TRADE Financial

  1. 2 people found this helpful  

    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 for more than 3 years

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
  2. 1 person found this helpful  

    Corporate Services is a short-term job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Alpharetta, GA (US)
    Former Employee - Anonymous Employee in Alpharetta, GA (US)

    I worked at E*TRADE Financial full-time for more than 3 years

    Pros

    Fine place to spend 3-4 years but not a place for a long-term career. Good experience in corporate services to take to another company. Great experience in equity compensation but usually you must move away from Atlanta to find another job in the equity comp field.

    Cons

    Management won't developing employees, management always hires from the outside, raises are not regular but come every 3-4 years. Client services is overworked, client management is underworked and overpaid, and product management is underappreciated which results in incredibly high turnover.

    Advice to ManagementAdvice

    Stop the regular cycle of building up and pulling back.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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