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
Apr 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Excellent launch point for a successful career in finance Opportunity for promotion GREAT colleagues Managers are amazing Meaningful professional development time: Schwab is huge and there are lots of departments you can have very successful careers in. There are coaches you can speak to for career guidance, and you are allocated a certain number of hours per quarter to explore/think about/develop your career. Good work life balance NO COLD CALLING

Cons

Inbound call center role with many different KPIs. It can be difficult to consistently meet all of them month over month, but if you do, you will be rewarded. You will be expected to put out fires for upset clients, which doesn't happen too often, but can be difficult. Licensing exams are usually a condition of employment depending on which call center you work in. The exams are not easy and some struggle to pass them.

1
avatar
Charles Schwab Response
2w
Thanks for the balanced review. Growth and development remain priorities, and it is good to hear you have seen that firsthand. It’s great to see the support from managers, strong colleagues, and the career development resources making a difference. Client-facing roles can be demanding at times, and supporting employees with resources remains a focus. Feedback that highlights both strengths and gaps gives a more complete picture. We will make sure this input is shared through the right channels.
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.

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