Schwab Advisor Center Sucks Customer Reviews and Feedback
Schwab Advisor Center Sucks. The Charles Schwab Corporation is an American multinational financial services company founded and based in San Francisco, California. Headquartered in the SOMA District, San Francisco, Charles Schwab is the 14th largest banking institution in the United States with over US$3.3 trillion in client assets (as of 2019). It is the third largest asset manager in the world, behind BlackRock and Vanguard. The firm is known for its electronic trading platforms, investor education, and discount brokerage services, particularly reduced and free trading commission charges.
A former Advisor services from El Paso, TX shared his/her bad experience working at Schwab Advisor Center in a review posted by INDEED: "The first thing the Charles Schwab tries to sell new employees is that they are different from other employers, that they focus on their employees etc. This is far from the truth, although this job can pay decently ,it is still focused around grinding to hit ridiculously high metrics all day everyday. About 60% of management seem to be pretty clueless and you feel that as an employee, there is no real sense of direction. They try to impress the big bosses by offering to hit impossible standards and ride the employees to do so. If those metrics aren't hit, several people get let go to make an example. My advice,stay away from a company that constantly gives their big bosses pay increases while making cuts to the everyday person."
Registered Representative (Former Employee) says"Worked at Schwab for nearly 3 years as a Registered Rep. The compensation was very low, and the job was grueling. Far too much emphasis placed on time-adherence and other numbers. Low overall morale in the building."
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