Wells Real Estate Funds Reviews

Updated June 19, 2015
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3.7
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Leo F. Wells III
19 Ratings

26 Employee Reviews

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  1. My dream job...while it lasted

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Regional Vice President in Norcross, GA
    Former Employee - Regional Vice President in Norcross, GA

    I worked at Wells Real Estate Funds (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Energetic environment with an appreciation for the qualities required to lead in a competitive industry. Hard work with excellent rewards.

    Cons

    Industry changes and regulatory focus created an untenable situation leading to the firm decided to eliminate the vast majority of its sales staff.


  2. Rewarding yet challenging because senior execs weren't held accountable to a P&L or budget.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director Then Vice President in Norcross, GA
    Former Employee - Director Then Vice President in Norcross, GA

    I worked at Wells Real Estate Funds full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Awesome work place culture and environment

    Cons

    Lack of accountability caused individual department heads to create silos and fiefdoms.

    Advice to Management

    Exit the business since you never hired a strong chief operating officer.


  3. I couldn't have asked for a better place to work and grow

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Client Services Specialist in Norcross, GA
    Former Employee - Senior Client Services Specialist in Norcross, GA

    I worked at Wells Real Estate Funds full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The company culture is a one of a kind. It was truly like working with a big family. From the unbelievable benefits, work life balance, and family first atmosphere, I couldn't have asked for a better place to work. A lot of PTO offered and can be accumulated over time, free healthcare, and great team and company building events. The CEO, Leo Wells, is a true leader and inspiration for me and have had a huge impact on my life. Having happy employees, leads to great products and service

    Cons

    Employees were a little misled or uninformed on the company status until it was a little too late. Company couldn't really adapt to a changing business tactics.

    Advice to Management

    Keep up the employee and culture driven attitude. Make sure to operate from the heart and soul


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


  5. Great people, but the products did not perform well

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Norcross, GA
    Current Employee - Assistant Vice President in Norcross, GA

    I have been working at Wells Real Estate Funds full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    I've never been around such great people as during my time at Wells REF. Everyone was willing to talk to anyone and everyone always seemed happy. Vacation and benefits were the most generous of anywhere I've ever heard of

    Cons

    a lot of the issues with the non-traded REIT world and the upcoming regulations are because of how Wells handled their first two products.


  6. Stewards of Investor's Money

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

    I worked at Wells Real Estate Funds full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Leo Wells, the owner, really cares about his employees and tries to consistantly give the best benefits available to them.

    Cons

    The senior management tends to not share a 'single-focus' with the rest of the company. There are many silos which at times can cause unnecessary disfunction overall

    Advice to Management

    Set a corporate goal and share the plans with the staff. Use the expertise available in the company and allow it to grow.


  7. Wonderful company

    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous Employee in Norcross, GA
    Former Employee - Anonymous Employee in Norcross, GA

    I worked at Wells Real Estate Funds full-time

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Best group of people you could work with. Upper management respects the employees and treats them very well. Benefits are unbelievable and the work / life balance is great. The company has a successful history and has done a lot of great things.

    Cons

    The company has gone through some tough times recently, but management has handled it as well if not better than most companies would.


  8. A great firm with great people

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

    I worked at Wells Real Estate Funds full-time (More than 5 years)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Very trustworthy and dependable group of people that will always work with you to help alleviate problems or issues that arise.

    Cons

    Their VERY conservative investment platform limited their growth in multiple markets and made upward mobility or career advancement very slow.


  9. Was a good company to work for

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

    I worked at Wells Real Estate Funds

    Negative Outlook
    Approves of CEO
    Negative Outlook
    Approves of CEO

    Pros

    Very loyal to employees, amazing benefits, and very high pay in comparison to other companies

    Cons

    Strict Dress code and it was preferred that women wear panty hose


  10. Helpful (1)

    to the top then down..down...down

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

    I have been working at Wells Real Estate Funds full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Unheard of and unequaled employee benefits; industry leader; employee dedication and professional commitment high with family-like camaraderie and mutual support

    Cons

    sigh...evolved to utter disappointment...company current condition is nighmarish case study of stubborn and unbending private control

    Advice to Management

    advice? really?


  11. Very professional, fun place to work

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

    I worked at Wells Real Estate Funds full-time

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Highest level of professionalism, emphasis on providing exemplary customer service. Friendly and fun atmosphere. Coworkers are easy to work with.

    Cons

    Wells has a strict and somewhat old fashioned dress code. Pantyhose and closed toed shoes are required for women. Ties and no facial hair for men.



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