There are newer employer reviews for TD Ameritrade

Helpful (2)

Solid company, limited growth opportunities

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Investment Consultant
Current Employee - Investment Consultant

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

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

Lots of leads from corporate, existing clients and walk-ins. Nice office environment, great benefits, no nights or weekends expected or required to get job done.

Cons

Never build your own book. No trailing comp. No real client relationships. Clients often ask for stock picks or other advice that you cannot give.

Advice to Management

Expand product offering and role of IC. Create career path, not just a 2-3 year job.

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  1. Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Consultant in Chicago (Guatemala)
    Former Employee - Investment Consultant in Chicago (Guatemala)

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Compensation, sales oriented, rigorous training to be a great sales coach, great people

    Cons

    Recruiting responsibilities is on manager, experiencing technology upgrade

    Advice to Management

    Outsource recruiting

  2. Helpful (1)

    I like the company but I am not good with big corporate culture

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

    I worked at TD Ameritrade full-time (more than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good solid company with an awesome trading platform. Management truly wants to help you succeed and will help whenever needed.

    Cons

    Sales quotas and commissions constantly a moving target. Drives me absolutely crazy when companies raise your sales quota, cut your commission and tells you they will replace you if you do not meet them. I am not motivated by this tactic but it is one that is commonly used in this industry. I finally had to get out and start my own company. I make 3 times the money with the same amount of stress but can take off whenever I want. (I hit the quotas btw but did not like the pressure from above, no different than any other brokerage though.)

    Advice to Management

    You guys know the numbers and the squeeze may work on most people but not on me. I hit all of my sales goals but every quarter they get raised and pay gets cut. I get it, I am a business owner but when you tell your team (most of which hit the #'s) that they can be replaced it makes some of them check out. You spent a bunch of money training me and I walked out, sorry.

There are newer employer reviews for TD Ameritrade

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