Wells Fargo Reviews

Updated August 26, 2015
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Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
94 Ratings

Pros
  • They sometimes care about work/life balance (in 283 reviews)

  • good benefits a great company to move up (in 488 reviews)

Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 565 reviews)

  • Management does not have much of a work life balance (in 138 reviews)

More Pros and Cons

175 Employee Reviews

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  1. Great learning experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - RE Capital Markets in New York, NY
    Former Employee - RE Capital Markets in New York, NY
    Recommends
    Positive Outlook

    Pros

    WFB is a great place to start a career in finance. Being one of the largest lenders in the nation, there is a lot of deal flow and the team is generally willing to help employees grow and learn. Hours on the capital markets/REIB division can be long, but any securitization shop will be similar.

    Cons

    Typically about 10%-15% below market on salaries.


  2. Good Company, Good Culture, Slightly Boring

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    - Strong culture, definitely more lax compared to other Wall St. companies (probably due to its southern roots) - Helpful people; leaders and peers help mentor, as the company wants to retain its employees - Good work/life balance - Upper management cares about your experience and what you're working on

    Cons

    - Lack of organization at times, can be very chaotic - As a first year analyst not working with anyone in my year (or even close), it can get boring; no one to connect with or "hang out" with after work (but this could also be a pro)

    Advice to Management

    - Better organization, but overall good experience thus far


  3. Accounting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wells Fargo (More than 10 years)

    Pros

    Great experience working with Wells Fargo

    Cons

    No downside wellsfargo is amazing company.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Loan Processor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Processor in Passaic, NJ
    Former Employee - Loan Processor in Passaic, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Professional atmosphere, great coworkers, great benefits

    Cons

    Too many meetings, conference calls and too many unnecessary reports. Prohibits you from getting your work done

    Advice to Management

    rework the compensation plan and let your employees do their job rather than tie them up with so many reports, calls and meetings


  6. Sr Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Consultant in Brooklyn, NY
    Former Employee - Client Service Consultant in Brooklyn, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Strong back office team, user friendly system

    Cons

    pure marketing, weak benefits, confusing procedures

    Advice to Management

    Improve marketing approach


  7. Pretty good place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in New York, NY
    Former Employee - Bank Teller in New York, NY
    Recommends

    Pros

    Benefits,work,life balance, decent pay, nice work environment, everything is hands on.

    Cons

    It's all about numbers. All the DM Cared about was numbers. Didn't focus to much in the actually employees doing the work.


  8. Headed in the right direction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker I (SAFE) in Toms River, NJ
    Current Employee - Personal Banker I (SAFE) in Toms River, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time

    Pros

    Good hours Paid time off Affordable medical benefits Good work environment

    Cons

    Can be stressful Depending on your location, you may work 6 days a week often

    Advice to Management

    The company as a whole is heading in the right direction, focusing on better things.


  9. Good company culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - WFS Summer Analyst in New York, NY
    Current Employee - WFS Summer Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great culture, great people, easy to balance work/life

    Cons

    a little beauracratic, red tape


  10. Financial Adviser

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Adviser in New York, NY
    Former Employee - Financial Adviser in New York, NY
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time (More than a year)

    Pros

    The back-office operations and compliance enforcement are excellent.

    Cons

    There is no sales and marketing support beyond the collateral that they produce for client consumption. The firm is disinterested in assisting salespeople to develop books of business.

    Advice to Management

    Provide realistic lead support and help .


  11. Summer Intern Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Real Estate Summer Financial Analyst in New York, NY
    Current Employee - Commercial Real Estate Summer Financial Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    The dynamic was great and there was great access to leadership, without the burden of worrying about hierarchy.

    Cons

    Slower pace than I expected and compensated less than counterparts at other large institutions



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