Financial Consultant and CFP(R) - Vice President, Financial Consultant Charles Schwab Employee Review

1.0
8 Mar 2016
Recommend
CEO approval
Business outlook

Pros

Most likely you will find good co-workers in the branch with the exception of the manager who likely has zero experience as a Financial Consultant or in consultative sales generally, has little actual management experience of experienced sales professionals, and is too young to understand how to effectively interpret complicated nuanced communications--something that can only be learned by having significant consultative sales experience.

Cons

See above re Manager lack of experience. Micro management is now on steroids as is check the box criteria that have zero beneficial results for the client but since the firm invested money in some technology it must be used extensively even if it is a waste of time and energy. They no longer care more about revenue production than all else. They care more about conforming to the latest dictate from above. For multiple years, 2014 and 2015, I was the #1 producer in my branch, the only CFP(r) despite compensation claw backs and reduced benefits but since I did not play the politics and kiss the ring of the under qualified manager I was terminated without just cause.

Explore other reviews about Charles Schwab

5.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

Great work environment Excellent values and customer advocacy

Cons

Limited growth outside of client facing roles.

2.0
23 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are a few great managers here, but they are few and far between. Good amount of sick pay.

Cons

Underpaid for the role. Just another cog in the machine to get tasks done. If you don’t have seniority, but are being mistreated by individuals who are more senior, be ready to shoulder the blame for errors even if you are new. The lack of training is astounding, especially for some departments that are expanding. Lots of koolaid drinking. If you care about being kind and authentic, be careful which team you land with. Take your time during the interview process.

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