Wells Fargo

www.wellsfargo.com
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Regional Private Banker Minneapolis, MN

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Regional Private Banker in Minneapolis, MN
Former Employee - Regional Private Banker in Minneapolis, MN

I worked at Wells Fargo full-time (more than 8 years)

Pros

technology is great. working for a large company, it is possilbe to have a long rewarding career. 401k and vacation time are generous. Salary is average for this position in the marketplace. Midpoint for a seasoned private banker 1 is 55,000. Private Banker 2 is 62,000. both have annual and quarterly bonus potential.

Cons

Sales expectations are high; bankers have a dotted line reporting to an affluent sales coach; be prepared for intense one on ones at least once or twice a month to review sales pipeline. Bankers are responsible for achieve 3 of four metrics in deposits, investments, loan, and partner referrals.

Recommends
Neutral Outlook
Approves of CEO

7689 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1.  

    Lots of opportunities and very rewarding career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Des Moines, IA
    Current Employee - Manager in Des Moines, IA

    I have been working at Wells Fargo full-time (more than 10 years)

    Pros

    Managers open to employees transferring internally and grow.
    Competetive compensation, flexible working hours, multiple locations and option to telecommute depending on job

    Cons

    Large company so change is slow

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    overall experince

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker in Charlotte, NC
    Current Employee - Personal Banker in Charlotte, NC

    I have been working at Wells Fargo full-time (more than a year)

    Pros

    its a great company to work with

    Cons

    bigger company bigger the sales pressure

    Advice to ManagementAdvice

    when hired internally offer low salary , internal employees should be compensated the same way as external.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Wells Fargo

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