TD Ameritrade

  www.tdameritrade.com
  www.tdameritrade.com

TD Ameritrade Reviews

Updated 12 December 2014
Updated 12 December 2014
343 Reviews
3.4
343 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
TD Ameritrade President, CEO & Director Fred Tomczyk
Fred Tomczyk
187 Ratings

Review Highlights

Pros
  • Work-life balance is good if you want to leave the office promptly at 5 (in 21 reviews)

  • Great benefits outside of salary (in 17 reviews)


Cons
  • No sick pay, multiple upper management positions for single teams, TPS reports (in 13 reviews)

  • In our department (Coaching) you are not conservative you might be looked down upon by middle management (in 9 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Pretty decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Specialist in Chicago, IL (US)
    Current Employee - Senior Specialist in Chicago, IL (US)

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

    Pros

    Good starting salary, fun environment and great technology. There have been many good and fun paople that have worked here over the years. There are also good education opportunities.

    Cons

    Once in a while, they will come in and take away some of the bonus or perks. Also the location is really not all that close to any good transportation options.

    Advice to ManagementAdvice

    Stability in long term pay structure.

    Recommends
    Positive Outlook
  2.  

    As a financial representative, the role is a service to sales job. Worked as a team develop each other.

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

    I have been working at TD Ameritrade

    Pros

    Great Culture
    Great Core Values
    Good Flexibility
    Professional Network
    Transparent
    Problem Solving Experience

    Cons

    Sales Driven
    Office Culture can be bias
    There's a lack of accountability.
    Difficult to get certain problems fixed due to the nature of the industry.
    Highly regulated and stressful for those who can't handle the pressure.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great place to work

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

    I have been working at TD Ameritrade

    Pros

    Quality People and Financially stable

    Cons

    Don't pay as much as full fledged brokerages

    Recommends
    Positive Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great Company-Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern - Hourly in Omaha, NE (US)
    Current Employee - Intern - Hourly in Omaha, NE (US)

    I have been working at TD Ameritrade part-time (less than an year)

    Pros

    Great company to gain experience and establish skills
    Opportunity for growth
    Great company culture

    Cons

    Entry level positions are on the retail side with the call center; not the most exciting of positions

    Advice to ManagementAdvice

    Keep up the great work!

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good not great company

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

    I have been working at TD Ameritrade full-time (more than an year)

    Pros

    They paid me to get my series 7 and 63, something I found impossible to find on my way out of college. Every brokerage I applied at wanted someone with them already for an entry level job. Kinda mutually exclusive the way the industry works. Definitely opportunity for advancement, most people above me right now are not much older or have only been there a minimal number of years.

    Cons

    Only 3 weeks vacation a year, get stuck with some holidays not as holiday pay if that is your normal shift. For a brokerage firm a .5 percent match up to 6 is pretty embarrassing compared to other firms especially being in the industry. Beginning training was tough on some of my class because they weren't prepared to handle incoming client calls. It might be because a lot of my coworkers don't have a finance backround/degree and no general interest in the market.

    Advice to ManagementAdvice

    Please up the 401k match, currently losing to Fidelity, Vanguard, Merrill and even Mcdonalds. That's not something to be proud about. Also a greater discount on employee brokerage accounts.

    Recommends
    Negative Outlook
  7.  

    Good place to work and build a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer II in Omaha, NE (US)
    Current Employee - Software Developer II in Omaha, NE (US)

    I have been working at TD Ameritrade full-time (less than an year)

    Pros

    There are good opportunities for growth on the job and to transition into other roles. Good work - life balance. Physical office space is LEED Platinum.

    Cons

    Teams are in multiple geographic locations, mostly as the result of mergers and acquisitions. This is not a significant problem but can pose some challenges to productivity.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    A great place to work

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

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

    Pros

    A great place to get deeply involved quickly and terrific work life blance.

    Cons

    Pay tends to be middle of the road. To get a significant increase you may need to move on.

    Advice to ManagementAdvice

    Be sure to compensate top performers inline with competition. You are falling behind.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Sales

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

    I worked at TD Ameritrade full-time (more than 8 years)

    Pros

    Sales incentive is robust if you want to do the work. Helping clients and finding solutions for them is rewarding. Lots of locations to move up in your career. Dallas, NJ, Omaha, Chicago, Salt Lake City. Good benefits.

    Cons

    Lean management practices seem to have the branches slowing down versus being more efficient. Had some turnover over the last two years.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    TD Ameritrade

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

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

    Pros

    Great culture. Really big into rewards and recognition. They also really empower associates to make decisions. In Omaha they have work out facilities, and it seems like they were always feeding us free lunch.

    Cons

    I found it pretty difficult to move into certain areas of the company. If you wanted to manage people who took phone calls there were opportunities there, but if you didn't there didn't seem to be a lot of choices unless you were willing to take a pay cut.

    Advice to ManagementAdvice

    The only flaw I really think needed addressing is that the variable compensation for people on the phones was a bit Wild West at times. You often had to play games and not close business if you wanted to get paid for your work, meaning you ended up pretending not to be able to help the client because inbound sales roles required you to make a referral to consultants who had the same credentials you had. Some people really exploited this and it didn't end up always being the best thing for the client.

    Recommends
    Approves of CEO
  11.  

    Intern Experience

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

    I have been working at TD Ameritrade as an intern (less than an year)

    Pros

    Great company culture. Great training and company values.

    Cons

    Would have liked a clearer path that may or may not lead to full employment after graduation.

    Recommends
    Neutral Outlook

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