Experienced insurance and investment professionals stay away! - Financial Services Representative TD Employee Review

1.0
23 Aug 2014
Recommend
CEO approval
Business outlook

Pros

Locations close to where you live.

Cons

Very low base pay and bonus. No sales commission paid to employee even though TD receives commission on your sales. I regularly place business with an insurance carrier that pays 4.5% commission on its products. When I write a $100,000 fixed annuity the company receives $4500 and I get nothing. I have earned the company more in commissions than I have received in pay in my 15 months at the bank. Upper management refuses to promote you if you voice any displeasure toward the unfair compensation plan even if you outperform all others with the same job title. They would rather promote someone drinking the green Kool-Aid with much lower production than a big hitter with 9 years of industry experience who doesn't agree with the pay plan. The company has only run the financial representative program for about 3 years and they still don't know what they're doing. Most of your day is spent not doing insurance and investments -- making debit cards, printing statements, helping with branch operations. If you have experience elsewhere, this is not the place to be. I only took the job because of an extenuating personal circumstance that required me to be close to home. Now that the circumstance has resolved itself, I will not continue to work for a company that doesn't reward results.

Explore other reviews about TD

5.0
14 May 2026
Recommend
CEO approval
Business outlook

Pros

Culture, interesting work, responsibilities given to junior employees, mostly low egos

Cons

Work / life balance (although somewhat unavoidable in this industry)

4.0
13 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The management team was supportive, and the branch had a strong team-oriented culture. Because it was a smaller branch, employees had the opportunity to build meaningful relationships, collaborate across roles, and learn from one another. Team members regularly shared ideas, provided constructive feedback, and supported each other's professional growth, creating a positive and rewarding work environment.

Cons

The main areas for improvement would be compensation and scheduling flexibility. At the time, I felt the pay was somewhat low relative to my previous leadership experience in retail management. While compensation may be competitive for some entry-level banking roles, I would have appreciated a stronger alignment between pay and prior supervisory experience. Aside from that, my decision to leave was based on pursuing a different career path rather than any issues with the company itself. TD Bank offers a professional work environment, supportive teams, and valuable opportunities for growth and development within the banking industry.

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