First Republic (CA)

www.firstrepublic.com
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There are newer employer reviews for First Republic (CA)

2 people found this helpful  

Create your own path

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at First Republic (CA) full-time

Pros

Eagles cafe, good working environment, some great people to work with.

Cons

No clear path and training, sort of a create your own role situation.

100 Other Employee Reviews for First Republic (CA) (View Most Recent)

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  1. 2 people found this helpful  

    Outstanding company but no oversight for department leadership

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

    I have been working at First Republic (CA)

    Pros

    This is outstanding company overall. They really deliver for their clients and Jim Herbert's vision has been phenomenal. If the leadership in your department is aligned with the values that Jim has worked so hard to establish at this company you will really enjoy working here and you will strive to provide an exceptional level of service for your clients.

    Cons

    In 2007 the company was sold to Merrill Lynch, which was then bought by Bank of America and did not return to brewing an independent bank until 2010. During this time a lot of effort was put into preserving the culture that Jim developed. Unfortunately so much attention was paid to this task that a few areas of the bank were taken over by leadership that to date only play lip service to Jim's vision and values. This is most pronounced in the IT and operations areas of the bank, although certainly not limited to just these two areas. Interacting with both areas has become a painful experience and turnover is such that you never know who you will be speaking to next to try to get issues resolved. It's clear that both areas have taken on a "big bank" view of how things should be and are no longer being led by people who are experts in their respective areas of control. There almost seems to be contempt for anyone that has subject matter expertise, as when you find someone knowledgable to help you they are either punished for actually helping or are fired (jealousy or making sure high level incompetence remains hidden?). It's amazing that lower level employees take the fall and the heads of these departments are allowed to sidestep any responsibility. Trying to have issues addressed makes it very clear where the problem actually lies.

    Advice to ManagementAdvice

    Hold your department leadership accountable. Take notice that responsibly is always passed down to lower level employees such as supervisors and managers that are not given the freedom to make decisions at all with no requirement for the heads of a department to explain how it is they allowed things to get to the point they are.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Horrible people.

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

    I worked at First Republic (CA) full-time

    Pros

    You are on your own.

    Cons

    You are on your own.

    Advice to ManagementAdvice

    Pay decent wages to rookies.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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