Scottrade, Inc Employee Reviews

Found 130 reviews matching the search
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Great work environment, great people!
Database developer (Current Employee) –  St. Louis, MONovember 3, 2016
Most projects are Agile, so every day at work we do stand up meetings where we mention the activities done the day before, the activities that will be done on that day, and if there are any roadblocks.

I learned a lot about database development, standards, etc. Interacting with my coworkers is the best part of the day. Everyone is friendly and willing to help.

The best thing that Scottrade has is its people. Everyone is so friendly and willing to help.
Pros
Discount lunches, employee benefits, great people
Cons
Not too much opportunity to grow
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Good Place to Work
Sr. Quality Assurance Engineer (Current Employee) –  St. Louis, MOOctober 23, 2016
A very nice place to work in IT. This is literally a place you can learn something new every day. This is a wonderful attribute for those of us that that desire knowledge. The owner is a great man and I have always believed in his leadership.
The people are incredible and display great skill sets. Teamwork is always a plus and I can truly say this company is tops in that category.
The atmosphere is casual, but the people are intent on doing the best job possible.
Pros
Great benefits, casual dress, cafe on site
Cons
A few too many managers.
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Short time with Scottrade
Senior IT Risk and Controls Analyst (Current Employee) –  St. Louis, MOOctober 24, 2016
Unfortunately, the overall rating is not higher because after 2 months of being employed, found out through the news about our company being sold. The compensation package is very generous, even for someone that's only been with the company a short time.

The people that I have come to work with and the general atmosphere is wonderful.

I received my review and it was wonderful, only to find out the company is being sold a few days later.
Pros
Benefits, pay
Cons
Company being sold
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Good atmosphere customer service hard to deal with
Branch Intern (Former Employee) –  Saint Petersburg, FLNovember 14, 2016
I didn't mind working for this company, it was just doing the same menial tasks as an intern every day that was unpleasant. Some customers come in with simple problems but continue to tell you you're wrong. Although I was paid i was not part of the sales goals and compensation. Best part was the management and a smaller more personal office.
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Extensive customer interaction
Investment Consultant (Former Employee) –  Nashville-Davidson, TNNovember 24, 2016
Customer service and direct problem resolution main focus. Moving toward incentive based compensation. Company being sold to TD Ameritrade. Immediate supervisor long time in job and not interested in change.
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good work/life balance
Bilingual Investment Consultant (Former Employee) –  Rowland Heights, CANovember 14, 2016
not a stressful job. Upper management people are nice. Potential to make a lot if you are in a good branch. Good benefits and PTO.
Pros
benefits. paid vacations
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Run the other way
Investment Consultant (Current Employee) –  St. Louis, MOFebruary 7, 2017
Company is merging. No One at the top knows what are they are doing You may not have a job after merger, They are forcing some of the current people out with unrealistic sales goals and methods. No real training. You will be just a number or a casualty. They don't care. The company is career suicide in the branch. Run Don't do it to yourself. Find a larger company that gets it Look deep at the reason they are merging. The company was a sinking ship
Pros
Might be able to last long enough to get a 66
Cons
Merger, no growth opportunity, no real training, the culture and morale is very low. You will expereince it quick.
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Intern
Intern (Current Employee) –  St. Louis, MOOctober 4, 2016
Great benefits, experience is key, in house cafeteria, perks are very nice include possible free tickets to professional sports games.
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In IT, they struggle to retain employees due to management
Systems Architect - Consultant (Former Employee) –  St. Louis, MOAugust 31, 2016
This company has an odd management structure and consistently steps on its own toes by hiring too many C-level managers for the structure of the IT department. The C-level managers have big ideas for an operation that has responsibility-confusion.

They hire executive level managers from the outside hoping to repair or rejuvenate the employees with the big ideas and leave the few long-standing employees who are very capable of taking over the C-level opportunities and really making the necessary changes in direction. They do not promote from within in the upper level management positions and that is very disheartening for the employees. It's a common corporate mentality that causes many to lose hope of advancement so they leave.

The long standing employees that I dealt with were good technically and good common sensed managers who had their hands tied constantly.
Pros
Casual work attire everyday, good lower level managers, mostly good technical employees
Cons
Upper level management (C-level) are bad news, They don't promote from within very often, No real business direction
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When you are in the branch, there is no room for growth. You're not taught real world useful skills, so you should seek them on your own.
Investment Consultant (Former Employee) –  Indianapolis, INSeptember 30, 2016
A typical day at work is calling clients to gather more assets from them. It's primarily a job where you constantly hunt for money and do paper processing and problem solving. Co-workers are fine, but who they choose as managers and why they choose them doesn't make a lot of sense. However, overall it's an easy job, but you don't learn any real world skills. You have to get skills outside of the branch through classes or volunteer work. This makes it difficult to transition to another company when you are ready to leave. I really liked the optimism of the top 5 people in the company.
Pros
Nice vacation time
Cons
No growth options; no relevant, transferable industry skills taught
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Great firm to work in
Margin Analyst (Former Employee) –  St. Louis, MOApril 28, 2016
Upbeat job, professional management. the executives were amazing. It was a very family oriented company with good benefits.
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Great culture and leadership. Average Compensation
Licensed Financial Service Representative (Current Employee) –  St. Louis, MOAugust 30, 2016
Scottrade is a great place to work and they treat employees quite well. In order to stay competitive the company is changing which causes some growing pains and moral struggles recently.

Management is effective and offers frequent communication.
Pros
frequent treatment to lunches and events.
Cons
less competitive pay scales.
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Intern
Intern (Former Employee) –  Davenport, IA 52807November 4, 2016
It was a pretty decent internship. More customer service orientated as opposed to learning how to be a broker. Will do tons of password resets for the entire company.
Pros
Work life
Cons
Unstopping password reset
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Great company
IT Environment Engineer (Former Employee) –  St. Louis, MOOctober 8, 2016
Started off great. However, new applications were implemented w/ no training. Had limited time to learn on your own due to astronomical work loads. Needed more people on the team. Having 7-8 projects at once and unable to attend meetings b/c the project meetings were overlapping was not good.

Still very good people to work with. Under the stress, there was still great team work.
Pros
Pay, Co-workers, Daytime work hours (8a-5p)
Cons
Lack of knowledge share from current employees; no training on new apps that were implemented.
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Too many unknowns for IT department
IT Applications Development Supervisor (Current Employee) –  Westminster, COOctober 17, 2016
Work used to be busy, good people, now not a lot of people, moral is very poor. Not room for advancement. Business knowledge is limited. No projects.
Pros
Good people
Cons
lack of business knowledge and direction
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Fast Paced Work Environment
Utility Worker (Former Employee) –  St. Louis, MODecember 9, 2016
It was pretty easy to keep everything on track. Have lots of security. It paid enough to get by but was over minimum wage. They stayed on everybody and made us feel welcomed. Meals were included.
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Nice company
Investment Consultant (Former Employee) –  Brooklyn, NYFebruary 16, 2017
The company is follow the regulations, friendly environment and helpful also care about employees! Great CEO, Great HR, Great co workers! Great culture!
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good company to work for
Stock broker, Investment Advisor (Current Employee) –  Parsippany, NJDecember 11, 2016
Good company to work for especially if you are new to the business. Good training program and a good work and life balance.
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Very knowledgeable work place with large learning potential
Internship (Former Employee) –  Barrington, ILJuly 7, 2016
-Daily task depending on job position
-Learned various investment topics as well as general skills for personal experience
-Great management
-Co-workers were one of best i have yet worked with
-Be prepared to multitask
-More enjoyable part of the job was being alway up to date with stocks with in depth information
Pros
Great work place and team
Cons
Crabby clients at moments
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Family supportive
Service Center Supervisor (Current Employee) –  St. Louis, MOJune 22, 2016
Brokerage Supervisor with experience in positions of increasing responsibility and duties. Top-performer with track record of consistently meeting or exceeding expectations from our management team. Responsible for leading a team of newly unlicensed associates, and monitoring and assisting with the licensing process as they prepare for S7 and S63 exams. Responsible for writing written supervisory procedures for bank support.
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Overall rating

3.5
Based on 133 reviews
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Ratings by category

Work/Life Balance
3.8
Compensation/Benefits
3.1
Job Security/Advancement
3.1
Management
2.9
Culture
3.4
82%

CEO Approval

Based on 23 ratings
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