TD Ameritrade Reviews

Updated 12 May 2021

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4.2
78%
Recommend to a Friend
85%
Approve of CEO
TD Ameritrade CEO Walt Bettinger
Walt Bettinger
80 Ratings
Pros
Cons
  • "TDA is being acquired by Schwab(in 42 reviews)

  • "got larger after scottrade merger(in 40 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review

    "Great Company"

    5.0
    Current Employee - Relationship Manager in Westlake, TX

    I have been working at TD Ameritrade full-time for less than a year

    Pros

    Great upward mobility and training opportunities

    Cons

    No big cons I can think of as of now

    TD Ameritrade Response

    December 2, 2020

    Thank you for taking the time to share your experience with TD Ameritrade. Good luck in your role and we hope you continue to share updates as you continue to grow and develop your career with TD Ameritrade.

  2. "okay okay"

    3.0
    Current Employee - Analyst in Gurgaon, Haryana, Haryana

    I have been working at TD Ameritrade part-time

    Pros

    good salary respectful towards employees clear vision of company 14 floor office

    Cons

    no free lunches no cab facility


  3. Helpful (9)

    "Not a good place for Investment Consultants"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Financial Consultant in Na-Duar
    Negative Outlook
    Approves of CEO

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

    Pros

    No a lot of pros, as they are sub par on all levels, as compared to the competition. Old legacy Sr Management getting stale and it shows.

    Cons

    Can't maneuver the new landscape very nimbly like other firms. Super high employee turnover is all you need to know. Stay away!!! Much better out there

    Continue reading

    TD Ameritrade Response

    September 21, 2017

    We’re sorry to hear that was your experience with us. Delivering a better employee experience is a core goal of ours each year. 97% of our employees participated in our most recent Employee Engagement Survey, and we have many programs in place throughout the company to make sure that all of our employees have a voice. In regards to compensation, our incentive programs are designed to support a performance driven culture where employees are continually challenged and achievements are recognized and rewarded.

  4. "Amateur route for an actual “career”"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Consultant 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The bonuses were dependent on your production so you could walk out of there with 70-80k of additional pay Work life balance is GREAT. Why? Because the work you do is remedial you can clock at exactly 5:00pm everyday with no stress or worry.

    Cons

    Everything else. - The place is a joke -Management is awful across all boards - Going through acquisition so the talent sourcing has been a joke If you are looking for an actual respected career in the industry you’d go anywhere else but here. Complete joke of a company. It’s Robinhood with a suit on in short. “Clients” more like customers aren’t going to TD for any wealth management or actual financial advice if only management understood that. You will not be an advisor in any extent, your a licensed customer service representative disguised as a “consultant”. ZERO upward mobility. It’s comical actually, you are either an FC, SFC or manager and all 3 are jokes in themselves.

    Continue reading
  5. Helpful (3)

    "TDA is a great employer"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Network Engineer 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    1. Quarterly bonus (this us history now with the Schwab acquisition) 2. Employee reward point system, which allowed co-workers to reward each other with points that translate to 1 point = $1. This also was phased out by Schwab. 3. Flexible work schedule.

    Cons

    TDA is a lean company. The workload is hectic. There is little tolerance for mistakes. People are fired easily for mistakes.

    Continue reading
  6. "TD"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consultant in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TD Ameritrade full-time

    Pros

    Great environment to work in.

    Cons

    Management changes happen very often.

  7. "Great"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - FI Sales in Southlake, TX
    Recommends
    Positive Outlook
    No Opinion of CEO

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

    Pros

    great department to work in, no complaints

    Cons

    I don't have any cons at this time

    Continue reading
  8. "Amazing job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Omaha, NE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TD Ameritrade full-time for less than a year

    Pros

    Insanely supportive management and amazing pay and benefits.

    Cons

    It is kind of a call center, so if that's not for you I wouldn't recommend.

  9. Helpful (1)

    "Good place to work if you like to be pulled in 1000 directions"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Branch Manager in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Pay is about average buy don't expect raises and be prepared for a 12K paycut. You will get support from peers who are in the same boat as you, only because they are worried about losing their jobs. Otherwise it's every man for himself. Another pro is at least they didn't close ALL of their branches.

    Cons

    Too much pressure to sell underperforming managed accounts. Top management is only concerned with bottom line. They talk about how great their "Culture" is when it's really non-existent.

    Continue reading
  10. "Good experience"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Intern in Southlake, TX

    I worked at TD Ameritrade part-time for less than a year

    Pros

    Good experience for college students wanting to break into financial services.

    Cons

    Only part time available for interns

Viewing 1 - 10 of 1,930 Reviews

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