Barclays Wealth Reviews

Updated July 30, 2015
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2.5
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Recommend to a friend
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Peter Horrell
20 Ratings

Pros
  • work life balance and training is good (in 6 reviews)

  • Good benefits was the only good thing in this place (in 8 reviews)

Cons
  • Senior Management run the place like personal fiefdoms (in 10 reviews)

  • No work life balance, very political (in 5 reviews)

More Pros and Cons

132 Employee Reviews

Sort: Popular Rating Date
  1. great

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays Wealth

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    big name barclays bank finance

    Cons

    not intense barclays bank finance

    Advice to Management

    nothing


  2. Review of BWA

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Barclays Wealth

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    In general, great people Product offering for clients Benefits Pay structure for sales people

    Cons

    Management too reactive Lack of long term vision and business acumen Too much red tape Too many generalists Lack of diversity Lack of fundamentals/controls Reporting Compensation for business people

    Advice to Management

    N/A


  3. GOOD BAD UGLY

    • Career Opportunities
    Current Employee - Trading in New York, NY
    Current Employee - Trading in New York, NY

    I have been working at Barclays Wealth

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Management pretty poor. No idea how to advance. Solid firm internationally but not enough being done to foster the US Business.

    Cons

    Management pretty poor. Much time wasted on meetings that make no sense. Wealth is being sold off so possibly this is a good time to go there

    Advice to Management

    Take more time with new hires. Have a more structured learning environment. More time off. Flexible working hours.


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  5. Worst example of Tech Outsourcing

    Current Employee - Developer in New York, NY
    Current Employee - Developer in New York, NY

    I have been working at Barclays Wealth full-time (More than 5 years)

    Negative Outlook
    Negative Outlook

    Pros

    No pressure , flexible, Good Pay , Good Bonus , You can grow in the organisation even if you don;t have any skills !

    Cons

    No one cares about their work You can be fired at any time

    Advice to Management

    Hire technically sound people .


  6. High net worth desk at Barclays Wealth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Barclays Wealth

    Neutral Outlook
    No opinion of CEO
    Neutral Outlook
    No opinion of CEO

    Pros

    Good training; people oriented; learn about all parts of the bank

    Cons

    Difficult to move up; you don't know any products or specific offerings well- typically only enough to sell. Even overall portfolio allocation is done by a separate, dedicated team.


  7. Good resources, poor management

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

    I worked at Barclays Wealth

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Good resources at hand and a lot of work to do

    Cons

    Can improve on the management aspects


  8. Culture Shift from Lehman PIM Divison and Lots of Attrition, but Overall Decent Experience Given Financial Environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Barclays Wealth full-time (More than a year)

    No opinion of CEO
    No opinion of CEO

    Pros

    Market hours (comparatively to other finance roles), nice office, clear career development paths and training, one of the best HR departments I have experienced

    Cons

    Definitely felt like we were the ugly step-sister to Barclays Capital when it came to investing in the future of the investment platform and business

    Advice to Management

    More transparency, should focus on bettering the relationship with the investment bank


  9. Helpful (1)

    Its ok

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Support in New York, NY
    Former Employee - Support in New York, NY

    I worked at Barclays Wealth full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Decent benefits and work-life balance, hours are average.

    Cons

    Outdated technology, management is clueless, no room for growth, a lot of turnover.. a lot of layoffs and in result great talent has left. Salary average at best.

    Advice to Management

    You need to value your employees.


  10. Helpful (1)

    Great work experience for an entry level hire.

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

    I worked at Barclays Wealth full-time (More than 3 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Really talented, smart, ambitious employees contribute to a high functioning organization. Relatively flat hierarchy so plenty of access to senior leadership. Entrepreneurial environment makes for a place you can get experience contributing to a variety of projects.

    Cons

    You can invest 25 hours a day and bring your A+ game and it doesn't feel like enough to get the job done. Work never feels finished and leadership forgets to appreciate your work in any real form/fashion, monetarily or not.

    Advice to Management

    Give people some time off and be sincere about work life balance. Take the time to openly appreciate each and every one of your team members for a job well done. And mean it!


  11. Helpful (6)

    What a mess!

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays Wealth full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    I wish I had something positive to say about this bank. Unfortunately, I do not. It has been riddled with scandal after scandal and remains only a shell of its former self. As banks cycle through these sorts of problems on a fairly regular basis, I am sure Barclays will rise again but not for a good long while.

    Cons

    The recruitment was amazing! Barclays recruited me over the course of 11 months. It took that long to organization a package that I and my family could live with. Within 21 days of my coming onboard, the entire management that had recruited me so carefully had all been replaced. All promises made with no long in effect and I found myself scrambling. Horrible experience!



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