Deutsche Bank

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DB won't invest in its Private Wealth Management Americas business

Registered Sales Assistant (Former Employee)

ProsEntrepreneurial environment allows success but with limitations. If you can bring in wealthy, low-risk clients, this is an okay place for you depending on the branch manager. If you are support staff you may have the opportunity to share commissions but it depends on the brokers you work with who can be generous, stingy, or somewhere in between.

ConsIf you are support staff, there is no room for professional growth. DB will not approve tuition reimbursement. You will not be promoted. DB Private Wealth Management has entrenched operations processes that are inefficient. DB PWM Americas is overly cautious so finding new business can be a challenge at times. Support software for account performance monitoring, trading, or opening new accounts is outdated and slow.

Advice to Senior ManagementInvest in your staff and invest in technology. Your competitors are light years ahead.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    The more you are able to sacrifice your personal happiness and balance, the more you will earn in this company / job

    Anonymous Employee (Current Employee)

    I have been working at Deutsche Bank full-time

    Pros: Good experience, great name to have on resume Cons: The days of investment banking is gone; company is making less and less money… Advice to Senior Management: Remove the inefficient way of making so called "pitchbooks"; provide employees with decent computer so that it does… Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company… More

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Boon to Jacksonville

    Assistant Vice President (Current Employee) Jacksonville, FL

    I have been working at Deutsche Bank full-time for more than 3 years

    Pros: Unequivocal opportunities in mid sized southern US market. Cons: "Nearshore" location is middle ground between hub and offshore, and… Advice to Senior Management: Invest in technology. Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

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