Boston Private Bank & Trust Company

  www.bostonprivatebank.com
  www.bostonprivatebank.com

Boston Private Bank & Trust Company Reviews

Updated November 4, 2014
Updated November 4, 2014
26 Reviews
3.3
26 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark D. Thompson
11 Ratings

5 Employee Reviews Back to all reviews

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  1.  

    Terrible company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Boston Private Bank & Trust Company full-time

    Pros

    There are no good reasons to work here. Management sucks. There is a lot of politics. Training is terrible. You have to train yourself.

    Cons

    Training is very bad. You pretty much have to train yourself. No-one is willing to help. The bank is very old fashioned and archaic.

    Advice to ManagementAdvice

    listen to the employees and don't play office politics.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Small Bank with Small mentality

    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Boston Private Bank & Trust Company

    Pros

    you can get personalize service and very responsive staff when you know them

    Cons

    High turn over of key employees makes it difficult to maintain relationship specially if you are a big commercial clients. Screwed-up and antiquated philosophy excessively cautious placing limitation of just one loan per customer even if you bring them a very desirable new deal. Do not go to this Bank if you are hoping to build a relationship.

    Advice to ManagementAdvice

    Stay the same if you want to remain small and insignificant.

  3.  

    Deposit Operation Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Deposit Operations Specialist in Boston, MA
    Former Employee - Deposit Operations Specialist in Boston, MA

    I worked at Boston Private Bank & Trust Company full-time (more than 3 years)

    Pros

    Manager didn't speak much English so you could say whatever you wanted and she had no idea.
    There really wasn't anything good.

    Cons

    Manager didn't speak much English.
    Manager didn't manage her area.
    Work load completely unequal among employees.
    Human resources sides with management no matter what.
    Training was horrendous. We had to train ourselves.
    Cheap, cheap, cheap!

    Advice to ManagementAdvice

    Open your eyes and see what really goes on at your company.

    Neutral Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    B Squad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Boston Private Bank & Trust Company

    Pros

    The people are great, friendly, and kind. Everyone is pleasant to work with. Work / life balance is very loose, no one is forced to work "overtime".

    Cons

    Certain departments are full of under achievers and under performers, who are standing in the way of very capable people. The Bank has not once culled the dead weight. If you are an all-star performer, don't expect to get an all-star salary / bonus here.

    Advice to ManagementAdvice

    If you want to maintain a team of excellent professionals you must pay them a market salary / bonus. No one likes picking up the slack of underperforming co-workers.

    Doesn't Recommend
  6.  

    Great to their clients. Employees, not so much.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Boston Private Bank & Trust Company

    Pros

    Work Life Balance appeared to be a priority as everyone for the most part was out of the office by 5 PM on most days

    Cons

    Politics. Small place, neither Private or Trusting. Cannot voice concerns as it gets circulated around the company.

    Advice to ManagementAdvice

    Gear your efforts towards getting up to speed with how things are in the banking industry. Otherwise when larger banks decide to go after your share of the market, you will have no defense to keep your current clients, let alone attract new ones.

    Doesn't Recommend

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