Boston Private Bank & Trust Company

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

Updated August 8, 2015
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3.2
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Mark D. Thompson
15 Ratings

27 Employee Reviews

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

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

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

    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. Helpful (1)

    Terrible company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Loan Officer in San Francisco, CA
    Current Employee - Commercial Loan Officer in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Boston Private Bank & Trust Company full-time (More than 10 years)

    Pros

    A paycheck every two weeks.

    Cons

    Boston senior management is awful. Very poor managers. Arrogance and egos abound. No concern for low level and middle management employees.

    Advice to Management

    Nothing will change unless BOD cleans house, and that does not appear to be on the horizon. Stop nickel and diming employees.


  3. Great experience

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


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

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


  6. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent people, from management to lower-level staff.

    Cons

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


  7. Helpful (1)

    CSA Position at Boston Private Bank & Trust

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

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

    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


  8. Terrible company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

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


  9. Helpful (1)

    Good Work Life Balance Low Pay

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    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. Helpful (1)

    The best job I've ever had.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - CSA in Boston, MA
    Current Employee - CSA in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    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.

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

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

    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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