Boston Private Bank & Trust Company

www.bostonprivatebank.com
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Boston Private Bank & Trust Company Reviews

Updated April 13, 2015
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3.5
29 Reviews
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Recommend to a friend
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Mark D. Thompson
14 Ratings

Employee Reviews

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  1. Boston Private is a highly performing and collaborative workplace.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Business Partner in Los Angeles, CA
    Former Employee - Human Resources Business Partner in Los Angeles, CA

    I worked at Boston Private Bank & Trust Company full-time (more than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    High expectations for performance and high rewards for success. Collaboration is natural and easily facilitated. Teamwork is paramount and highly valued.

    Cons

    The culture in Boston is very different from the culture in California, but presented a valuable learning curve and challenge to overcome.

    Advice to Management

    Remain flexible and open to embracing other points of view and ways of operating.

  2. Great experience

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

    I worked at Boston Private Bank & Trust Company

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    I never met an individual that wasn't more than willing to offer me help. This company truly has a small company atmosphere in the best possible way. I was able to take on long term projects independently and trusted with taking on more throughout my time at the company.

    Cons

    There were no cons to the program.

  3. Boston Private Bank & Trust Company has potential to be a premier private banking and wealth management company.

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

    I have been working at Boston Private Bank & Trust Company

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Very knowledgable employees; nice work-life balance; potential to be a nationally recognized bank

    Cons

    Policies and procedures too cumbersome; management lacks nimbleness; expenses too high.

    Advice to Management

    Streamline processes; reign in expenses; keep your employees engaged and part of the bank's vision.

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  5. Great place to work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent people, from management to lower-level staff.

    Cons

    The company is changing after mergers, not always for the best.

  6. Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Account & Payment Services Specialist in Boston, MA
    Current Contractor - Account & Payment Services Specialist in Boston, MA

    I have been working at Boston Private Bank & Trust Company as a contractor (less than a year)

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    A Highly regarded company with lots of perks and decent pay.

    Cons

    Lack of communication when it comes to temp workers.

    Advice to Management

    Communication with temps

  7. 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

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

    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 Management

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

  8. CSA Position at Boston Private Bank & Trust

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Administrator in San Mateo, CA
    Current Employee - Client Service Administrator in San Mateo, CA

    I have been working at Boston Private Bank & Trust Company full-time (less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    low stress level, no sales pressures, decent pay, amazing hours (out by 5 and weekends off), friendly colleagues, high level of professionalism

    Cons

    day to day operations can become mundane, as there is not much to do there is little room to prove yourself, communication between offices is lacking, lack of sense of urgency in most situations

    Advice to Management

    give more opportunities for growth by cross training, update policies to current day needs

  9. Good Work Life Balance Low Pay

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Boston Private Bank & Trust Company

    Pros

    Work like balance is good

    Cons

    Pay/ Upward mobility stagnant not the best

    Advice to Management

    Fire people who aren't benefitting the company... keep people who show promise and the drive to grow

  10. The best job I've ever had.

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

    I have been working at Boston Private Bank & Trust Company full-time (less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Our superiors care about us, and we always have opportunity for growth. No one walks around with their nose in the air. Everyone is equal.

    Cons

    Lack of communication between areas. Bank seems to be quite archaic as well. In need of updating.

    Advice to Management

    Modernize. It is the 21st Century.

  11. Generally nice and mellow work environment, a little bit boring.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Manager Associate in San Mateo, CA
    Current Employee - Portfolio Manager Associate in San Mateo, CA

    I have been working at Boston Private Bank & Trust Company full-time (less than a year)

    Positive Outlook
    Approves of CEO
    Positive Outlook
    Approves of CEO

    Pros

    Co leagues are respectful to each other and understanding . Mature and old school culture.

    Cons

    People are a little bit boring.

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