Client service - Anonymous employee Equity Trust Company Employee Review

1.0
Apr 9, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You will learn a lot about iras and investing..

Cons

Unfortunately like many of the other reviewers, I agree and this company needs serious help. 9 out of 10 calls will be an angry client that has numerous errors on his account. Which is fine, but maybe management should be asking why so many clients have so many issues? But instead you get excuses and push back if any suggestion is made. As a "passive custodian" there shouldn't be this many errors and issues with accounts, this company has been around 30 years! Figure it out! I could go on for days with the amount of errors I've seen that are giant mistakes on etc's part. Clients are fleeing like crazy, along with the employees. I would never ever put money with this company! How many employees have 401ks through them? None that I knew, bc they saw the inner workings! That should tell you something.. IAlso no one needs to have any sort of financial license, and it reflects in the quality of work. I will be very surprised if this company survives.

avatar
Equity Trust Company Response
11y
We appreciate you taking the time to raise your concerns. At Equity Trust, client satisfaction is one of the key measures of our business, with all clients being given the opportunity to let us know how their experience was. We recognize that occasionally there are situations where the client experience is not satisfactory. When this happens, we fully review the matter, pursue a fair resolution for the client and strive to learn from the issue to ensure all clients have the best possible experience

Explore other reviews about Equity Trust Company

5.0
Dec 14, 2025
Recommend
CEO approval
Business Outlook

Pros

Fast-paced environment Execution and Initiative are valued

Cons

Need to be adaptable to a fast-moving environment

1.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

The paid time off is good

Cons

Works employees to death - tons of mandatory overtime required Management does not support employees Yearly bonuses were taken away for monthly bonuses just so the company doesn’t have to pay out bonuses. You cannot make a single mistake because they don’t believe in the fact that humans make mistakes. You will get written up and put on a PIP. No chance to move up in the company, they already have the people that they want and they will pick and choose who to put in what positions. STAY AWAY!

2
See reviews by: Helpful|Rating|Date|All