ST. LOUIS--(BUSINESS WIRE)--For the fifth consecutive year, FORTUNE has placed St. Louis-based Scottrade, Inc., a leading branch-supported online investing firm, on the FORTUNE® “100 Best Companies to Work For” list. This year, the company ranked number 31.
According to FORTUNE, Scottrade made the list in part because it can “take pride in the fact that it's never had a layoff.”
“To be recognized as one of America’s best places to work by FORTUNE for one year is an achievement, but to be named for five consecutive years is truly a feat,” said Rodger Riney, Scottrade, Inc.’s founder and CEO. “Throughout this volatile market, we have – and will – continue to grow to help our clients overcome barriers to financial success.”
Scottrade had a strong year in both innovation and growth in 2011.
- Scottrade met the demand for exchange-traded funds (ETFs) among individual and institutional investors by launching Focus™ Morningstar ETFs in March. The offering includes 15 domestic equity ETFs benchmarked to Morningstar, Inc. indexes.
- Scottrade Bank opened its virtual doors to clients, inviting them to integrate their banking and brokerage needs into one easy-to-manage platform where money can be accessible for trading, day-to-day spending or investing for the future. The new online banking suite includes checking accounts, savings accounts and CDs.
- Scottrade continues to evolve with technology, launching its mobile trading app in August. The Scottrade® Mobile app offers clients real-time research, news and analyst views and includes the ability to monitor investments, generate investment ideas, research opportunities and execute trades.
The company continues to recruit and retain top talent while expanding operations. The past year saw Scottrade hire more than 450 associates, bringing the overall total to more than 3,700, to help support its 500-plus branch offices and operation centers in St. Louis, Denver, Phoenix and Chicago.
“Scottrade is dedicated to providing our associates the opportunity to grow professionally while maintaining a healthy balance of work and home life,” said Jane Wulf, Scottrade’s chief administrative officer. “For more than 30 years, our employees have helped pave the foundation to our success, and that will never change.”
Working for Scottrade offers many unique benefits, including a wellness reimbursement program that pays associates back for expenses including health club memberships and smoking cessation programs. Scottrade’s charitable giving program matches associates’ charitable donations and also donates $20 for every hour of volunteer time given by an associate.
Placement on FORTUNE’s list is one of many recognitions Scottrade has recently received. Beyond this recognition from FORTUNE, the company and its associates have been recognized in several areas including business achievement, civic contributions and associate training and development. Visit Scottrade’s Company Awards & Recognition to read more about the company’s achievements.
The full list and related stories about the FORTUNE® “100 Best Companies to Work For” can be found at http://www.Fortune.com/BestCompanies.
About Scottrade, Inc.
Investors who enjoy online stock trading will find value and personalized customer service at online investing firm Scottrade, Inc. Founded in 1980, Scottrade enables customers to learn about online trading tools, stock market research and how to buy stocks online, many at just $7 per trade. With more than 500 nationwide branch offices, Scottrade has the largest branch network among online brokerage firms. To learn more about the FORTUNE® “100 Best Companies to Work For,” visit about.scottrade.com or www.scottrade.com and follow us on Facebook, Twitter, YouTube and Flickr. Member FINRA/SIPC. Scottrade Bank, Member FDIC.
Scottrade® and the Scottrade® logo are the registered trademarks of Scottrade, Inc.
About FORTUNE
FORTUNE magazine is a global leader in business journalism with a domestic circulation of over 845,000 and a global readership of nearly 5 million, which include major franchises such as the FORTUNE 500 and the FORTUNE® “100 Best Companies to Work For.” FORTUNE Live Media extends the brand's mission into live events, hosting a wide range of annual conferences, including FORTUNE’s Most Powerful Women and the FORTUNE Global Forum. FORTUNE publishes English-language editions in Europe and Asia, and local-language editions in United Arab Emirates, Kuwait, China, Turkey, South Korea, Indonesia, India and Greece. CNNMoney.com, which draws more than 14.6 million readers a month, is the online home of FORTUNE.com.
Morningstar is a service mark of Morningstar, Inc. and has been licensed for use for certain purposes by FocusShares, LLC, an affiliate of Scottrade, Inc. Focus™ Morningstar ETFs are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in Focus™ Morningstar ETFs.
FocusShares, LLC, is a registered investment advisor (RIA), exchange-traded funds (ETF) sponsor and wholly-owned subsidiary of Scottrade Financial Services, Inc.
Before investing you should carefully consider the ETFs investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the FocusShares website at www.FocusShares.com or by calling (855) 933-6287. Please read the prospectus carefully before you invest. Investors not affiliated with Scottrade are subject to commission costs.
An investment in the ETFs is subject to risk, including the possible loss of principal amount invested.
Foreside Fund Services, LLC is the Distributor for FocusShares.
FocusShares ETFs are commission free to those using Scottrade’s online platforms. Investors not affiliated with Scottrade are subject to commission costs.
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