Vantaggi
ETrade was a great place to work, great work/life balance, a place where you could make a great income and good healthcare benefits. ETrade had many people throughout the organization that would gladly take time to help you.
Svantaggi
Morgan Stanley acquired ETrade in 2020. All we heard was how much Morgan liked what we were doing and wanted us to do more of it. The healthcare benefits changed, the compensation plan changed, the took aware the vast majority of our residual income, put us on a hampster wheel, then in the end told us we made too much money and laid us off without warning. They put us under an extreme amount of stress. The 401k plan went from good under ETrade to pathetic under MS. They could not even get the matching contributions correct, likely assuming people would not catch it. They essentially used us and when we were no long useful, they got rid of us. ETrade is in name only for as long as they keep the ETrade name.