There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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Wells Fargo is a good place to work.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Project Management Manager in Colorado Springs, CO
Former Employee - Project Management Manager in Colorado Springs, CO

I worked at Wells Fargo

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

There is a very strong corporate culture and name recognition. Accomplishments are publicly recognized and everyone is expected to work hard. It may seem very "rah-rah" but having now worked at a company with no corporate culture, I can appreciate the Wells environment.

Cons

Long hours are expected and the line between work and personal time is often blurred. Feedback to management is often not recognized or used for improvements. It is difficult to complete a long term project because the tenure of the sponsor (senior management) is usually only about a year, so priorities shift often.

Advice to Management

Promote from within when senior managers leave. Currently, when a new senior manager is brought in, he or she replaces all the direct reports and projects and initiatives get off track.

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  1. Helpful (1)

    Good place to work.....but with limitations.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Brokerage Associate in Mountain View, CA
    Current Employee - Registered Brokerage Associate in Mountain View, CA

    I have been working at Wells Fargo

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    More autonomy on investment side than bank side. Constant stream of leads from banking customer base. Generally very nice people to work with, regardless of the line of business. Conservative posture in lending and banking has made Wells very strong through tough economy. Wells avoided most of the risky business of other financial institutions. Warren Buffet is major shareholder :-) The majority of clients are very nice and feel a strong attachment to Wells.

    Cons

    No opportunities for advancement currently from an associate role to an advisor role unless you have significant prior sales experience or perhaps a book of business to bring in from another firm, otherwise you have to get lucky and get the nod from an established financial advisor to come on as a partner. Don't feel there is any real career path planning for associates. It's easy to get burned out after a while since the work that is done every day is mostly servicing accounts, so it gets a bit monotonous.

    Advice to Management

    A program should be designed for sales associates that clearly delineates a career path that one can look forward to. Better training should be instituted to help transition promising associates to full production finacial advisor roles.


  2. Helpful (1)

    Typical Day

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Wayzata, MN
    Current Employee - Customer Service Representative in Wayzata, MN

    I have been working at Wells Fargo

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    A Chance for advancement as long as you never make waves.

    Cons

    Immature managers, outrageous goals, and waste of employee's time every morning for a huddle.

    Advice to Management

    Promote based on numbers and service, or on one or the other. Some people work too hard to achieve high numbers just to watch someone else who doesn't try get promoted as well.


There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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