DON'T WORK HERE!!!!! - Vice President Financial Consultant Charles Schwab Employee Review

2.0
May 28, 2021
Recommend
CEO approval
Business Outlook

Pros

Good benefits and pay similar to any big company.

Cons

This is a micro-managed sales position and not a career. Branch Managers put immense pressure on reps to SELL to clients awful products, when the clients don't want it in the first place. Every day you have meetings to discuss how many contacts you made, how many buttons you clicked, etc. You are constantly in a negative environment and the Rep turnover his huge. One rep will be fired every year, and the rare 1% of reps that have been there more than 10 years are favored and fed the best leads. You will be forced to SELL product to clients and not develop good relationships. Once you are FORCED out by branch managers you will have nowhere else to work because they have a strong legal team that comes after you. They care more about their Branch Managers and upper management than they do clients or their reps. You will likely not last more than 3-5 years and then you will have to start all over building your client base anyway. Just start somewhere else and never do business with Schwab.

Explore other reviews about Charles Schwab

5.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

-I did not know anything about finance, just had sales experience to my name and an open mind to learning and they took me in and tought me so much. -Benefits are top tier, from the basics to some that you didn't know they even existed. -They give you 8 hours a quarter for personal development. -Good pay without even including bonus or language add ons. -You will learn a LOT -

Cons

-2 year role commitment -Very corporate so might not let be your true self in the job with peers.

2.0
Jun 23, 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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