Scottrade

Infobox_Company
company_name = Scottrade Inc
company_
company_type = Private
foundation = Scottsdale, Arizona (1980)
location = St Louis, Missouri, USA
key_people = Rodger O. Riney, Pres. & CEO

num_employees = 2,000+ (2008)
branches = 363(2008)
revenue = $1.03 Billion (2007)
industry = Discount Brokerage, Online Investing Firm
products = stock brokerage, Online Investing: Stocks, Mutual Funds, IRAs, CDs, Fixed Income, Etc.
homepage = [http://www.scottrade.com/ www.scottrade.com] |

Scottrade is a privately owned discount retail brokerage firm headquartered in St. Louis, Missouri. Its founder and president is Rodger O. Riney. Scottrade has more than 360 local branch offices.

History

Scottrade was founded in 1980 by Riney as Scottsdale Securities in Scottsdale, Arizona, with two offices, one in Scottsdale and the other in St. Louis. One year later, Scottsdale Securities relocated its headquarters to St. Louis.

In 1996 Scottsdale Securities offered online trading to its customers, under the domain name of [http://www.scottrade.com/ www.scottrade.com] . It adopted the Scottrade name as its corporate name in 2000.

Awards

In 2007, "Scottrade was ranked No. 1 in investor satisfaction with online investing services for the seventh time since 2001, according to J.D. Power and Associates' 2007 Online Investor Satisfaction Study." [ "J.D. Power ranks Scottrade No. 1 in investor satisfaction." St. Louis Business Journal 25 OCT 2007 . ]

In early 2008, Fortune announced "that Scottrade, a leading online investment firm, has been ranked 58th on the 11th annual '100 Best Companies to Work For' list." One of the primary reasons for the ranking, according to the Business Wire article, was job growth. Scottrade hired 46% more people in 2007 than 2006, promoted over 500 employees in 2007, and disclosed that over 20% of Scottrade branch managers "began their Scottrade careers as interns." [ "Scottrade Named to Fortune's``100 Best Companies to Work For" List for the First Time" Forbes.com Business Wire - Press Release 22 JAN 2008 . ]

Recently Scottrade was also selected by Computerworld magazine's 2008 16th best place to work in IT. Many things were considered when rating the work environment for technology professionals such as benefits, diversity, career development, training and retention. In addition to a comprehensive questionnaire regarding company offerings, Computerworld conducted an extensive survey of Scottrade’s IT workers. ["Scottrade named 16th Best Place to Work in IT by Computerworld" Business Wire. June 26, 2008 ]

Footnotes and references

External links

* [http://www.scottrade.com/ Scottrade Home Page]
* [https://www.scottrade.com/referall/index.asp ReferALL Home Page]