Charles Schwab Reviews

Updated 4 Aug 2020

To filter reviews, or .
3.6
66%
Recommend to a Friend
88%
Approve of CEO
Charles Schwab President and Chief Executive Officer Walt Bettinger II
Walt Bettinger II
1,443 Ratings
Pros
Cons
  • "A little tense to work at the call center(in 131 reviews)

  • "Lots of churn in upper management--reorganizing for the sake of it(in 53 reviews)

More Pros and Cons
  1. "Great culture and people"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Equity Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time for more than 8 years

    Pros

    Lots of great people and opportunities within many ares of finance.

    Cons

    Like any large, conservative company, things can move a bit slower than is ideal.

    Continue reading
  2. "Would work there again"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Specialist 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Charles Schwab full-time for more than 3 years

    Pros

    Client and employee driven. Great place to work.

    Cons

    They could pay more to the superstars.


  3. "Great culture & leadership"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Managing Director in Lone Tree, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Charles Schwab full-time for more than a year

    Pros

    Great culture, transparency in leadership, good work/life balance

    Cons

    Too big and clunky; get in their own way. Not the modern experience for employees that they tout for their clients.

  4. "Good"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Charles Schwab full-time for more than a year

    Pros

    Lots of free time for innovation

    Cons

    dress code, mainframe work sometimes

  5. "Large breadth of financial knowledge needed. White glove service expected."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate Private Client Advisor 
    Recommends
    Positive Outlook

    I have been working at Charles Schwab full-time for more than 3 years

    Pros

    Schwab has a wonderful team model and will avidly support your goals and has a program to reimburse costs to attain the CFP designation while working, amongst others. An amazing position to be in if you aspire to become a Private Client Advisor and run your own practice of 180-200 clients. Bonus + salary, no commission. Very steady job. Series 7 and 66 required. Interest in attaining CFP or if already a few modules in will help in an interview. Must be coachable.

    Cons

    Like any large company, any “bubbling up” of ideas can be difficult and the resulting change can lag due to bureaucracy.

  6. Helpful (1)

    "Schwab is... okay"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations Associate in Orlando, FL
    Doesn't Recommend
    No Opinion of CEO

    I worked at Charles Schwab full-time for more than a year

    Pros

    Not many pros to speak of. Just a stable as they come company

    Cons

    Benefits, pay, lack of career development

  7. "Managing Director"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Managing Director in Austin, TX
    Recommends
    Positive Outlook

    I have been working at Charles Schwab

    Pros

    Good compensation and benefits Collaborative culture Technology focused Work life balance Great place to work

    Cons

    Laid back pace of work Too many processes

  8. "Stability"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Finance Specialist in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time for less than a year

    Pros

    Stable company to work in.

    Cons

    The security can be a bit much.

  9. Helpful (1)

    "Learn more than you could in school"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Specialist, High Net Worth Representative in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time for more than 3 years

    Pros

    Phenomenal company, fantastic HR and management, great learning experience and work culture

    Cons

    The work itself is draining. After 2.5 years, I'm so exhausted of work that I'm looking for a new job.

    Continue reading
  10. "Good place"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Specialist 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles Schwab full-time for more than a year

    Pros

    Solid place to work. Great culture

    Cons

    Limited interaction with leadership. Tough to get projects completed

Found 2495 reviews