There are newer employer reviews for Wells Fargo

A good place to start a career in insurance.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Minneapolis, MN
Current Employee - Anonymous Employee in Minneapolis, MN

I have been working at Wells Fargo

Pros

The benefits and people are good. there is an opportunity to earn a decent living if you hit your numbers. you can learn a lot about the insurance industry.

Cons

number driven, it is all about quantity not quality.

No opinion of CEO
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  1. It has been an overall bad experience that has strengthened my resolve to go back to school and enhance my education .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Register Personal Banker in Spring, TX
    Current Employee - Register Personal Banker in Spring, TX

    I have been working at Wells Fargo

    Pros

    Good Benefits. Great Technology. Thats about it.

    Cons

    Poor internal support. Very punitive environment to work in with constant micro management and unfair treatment and expectation towards bankers. Not only is there no work life balance, but I am just not certain that this company (at least the retail side) has ever heard of such a concept. They support an environment that harbors negativity by being condescending and downright disrespectful to bankers and don't even think about asking for time off. Its like pulling teeth. Incidentally, managers take all the time off they want and a certain manager is always leaving the branch to go attend to her personal business and disappears for about 2 hrs often.

    Advice to ManagementAdvice

    Respect the people that work for you and it will be reciprocated. Lay off of the de-motivating punitive treatment and the micro management. Appreciate and value work life balance and allow your employees to leave at a reasonable time and quit enforcing these "all hands on deck" policies where you rip bankers away from their families just because you are greedy and upset about a branch not being at 120% of its weekly goal.

    Doesn't Recommend
    No opinion of CEO
  2. Political nightmare in Wells Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor in San Francisco, CA
    Current Employee - Financial Advisor in San Francisco, CA

    I have been working at Wells Fargo

    Pros

    Large retail client base in US.

    Cons

    Bank culture dominates decisions. Constant pressure to sell bank owned mutual funds and proprietary fee-based investment management. Persistent pressure to refer High Value clients to the bank without referrals to the FA.

    Wells Fargo Advisors doesn't have the cachet of the traditional wirehouses. Light on research and analytical abilities.

    Heavy handed on compliance.

    Advice to ManagementAdvice

    Adopt and run like Wachovia's East Coast operations. Fire most of the Licensed Bankers and Eliminate the overhead of the Private Bankers.

    Doesn't Recommend
    No opinion of CEO
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