E*Trade Beefs Up Customer Service
The Menlo Park, Calif.-based company said the service allows online customers to interact in real time with E*Trade service reps (the company calls them Financial Services Associates) via online chats and Web collaboration.
E*Trade also said that its "priority customer households" now get the benefit of preferred call-routing technology. What that boils down to is that the company can now identify its more profitable customers and give them a higher level of service - less waiting on the phone, for instance. Other brokerages, including Fidelity, have been doing that for some time.
The enhancements "... as a part of our personalized Digital Financial Media strategy, empower customers to make critical decisions about their money and further differentiate E*Trade from the competition," said Jerry Gramaglia, president and chief customer operations officer at E*Trade Group Inc.
The Service Now technology, first introduced to Power E*Trade brokerage customers, was obtained through the acquisition last year of E*Trade Mortgage, formerly known as LoansDirect. Customers enter their account numbers by phone, and the system flags those that are the most active --and profitable traders --for faster service.