Wilmington Trust

www.wilmingtontrust.com
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Wilmington Trust Reviews

Updated February 22, 2015
Updated February 22, 2015
36 Reviews
3.1
36 Reviews
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Wilmington Trust CEO and Director, Wilmington Trust Corporation and Wilmington Trust Company Donald E. Foley
Donald E. Foley
9 Ratings

Employee Reviews

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  1.  

    Great place to work.

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

    I worked at Wilmington Trust full-time (more than 5 years)

    Pros

    Great benefits and small business feel for an international company

    Cons

    Very conservative company; can be boring.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great place to work but also depends who you work and dept.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Private Client Associate in Wilmington, DE
    Current Employee - Private Client Associate in Wilmington, DE

    I have been working at Wilmington Trust full-time (more than 10 years)

    Pros

    Work with some very great colleagues who appreciate and respect each other.

    Vacation and holiday benefits are very good.

    Work is enjoyable and can be a mixed bag. Not boring.

    Cons

    Healthcare benefits can be expensive.. High deductible plan no other options available.

    Training not the very best. More like baptism by fire.

    Parking expensive.

    Company lacks motivational training especially since the conversion with M&T.

    Different Dept's don't play well with each other. Sometimes there is a us vs them attitude.

    Advice to ManagementAdvice

    Look into offering other health care options.

    Offer training or networking between dept so colleagues get a better understanding of each other and their roles.

    Offer managers a training program that provides training how to manage people not just the workload.

    Recommends
    Positive Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Tons of work, low pay, no recognition

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mutual Fund Services Associate in Phoenix, AZ
    Former Employee - Mutual Fund Services Associate in Phoenix, AZ

    I worked at Wilmington Trust full-time (more than a year)

    Pros

    I was given complex analytical work

    Cons

    Environment is horrible. Things change all the time. The pay is horrible. There was no transparency

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Difficult situation once it was acquired by M&T

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Wilmington, DE
    Former Employee - Business Analyst in Wilmington, DE

    I worked at Wilmington Trust full-time (more than 5 years)

    Pros

    Co-workers were willing to help you when you needed assistance.

    Cons

    Company culture was in transition once it was acquired by M&T.

    Neutral Outlook
    No opinion of CEO
  6.  

    Management doesn't understand the investment business

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

    I have been working at Wilmington Trust full-time

    Pros

    Reasonably decent compensation for a bank but well below true asset management shops

    Cons

    It's a bank so don't think that the bankers within the senior management ranks understand the investment business.
    Management is ineffective and unable/unwilling to make tough decisions to benefit the business.
    The investment side has been a disaster since the M&T/WT merger and continues to be so because the bank lacks anyone who actually has investment experience running it.
    Management is comfortable with the status quo, rather than trying to take the business to the next level.

    Advice to ManagementAdvice

    Your investment business is highly dependent upon talent - without it, you have nothing. Hire/give authority to senior people who understand the business, can actually add value, and then compensate them accordingly.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Still Employed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wealth Advisor Intern in Wilmington, DE
    Current Employee - Wealth Advisor Intern in Wilmington, DE

    I have been working at Wilmington Trust full-time (less than a year)

    Pros

    Gave me a great opportunity out of school

    Cons

    No cons at the moment

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    There's a good reason why I'm a "former" employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Client Associate in Wilmington, DE
    Former Employee - Private Client Associate in Wilmington, DE

    I worked at Wilmington Trust full-time (less than a year)

    Pros

    They know Trust Administration since they have been in business for decades

    Cons

    Parking fees in the city are not affordable, crime rate in the City of Wilmington is TOO risky, company culture is too cliquish

    Advice to ManagementAdvice

    Provide employee parking, encourage team building, provide some proper training

    Doesn't Recommend
  9.  

    Treasury Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Associate in Wilmington, DE
    Current Employee - Investment Associate in Wilmington, DE

    I have been working at Wilmington Trust full-time (more than a year)

    Pros

    Its a job, great people to work with. a lot of flexibility

    Cons

    pretty much a foot in the door at an ok company, I would keep looking if your are tenured.

    Advice to ManagementAdvice

    provide more opportunities

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Not bad for Phoenix, not good anywhere else

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Phoenix, AZ
    Current Employee - Fund Accountant in Phoenix, AZ

    I have been working at Wilmington Trust full-time (more than a year)

    Pros

    It's in Arizona where the weather is nice in the winter.
    Parking is free in the garage behind building.
    It's a job.

    Cons

    Lack of communication between management and employees.
    Low morale and inadequate training.
    Phoenix office is cheap: Difficult to get office supplies, employees expected in clean 2 refrigerators in break rooms every Friday, few group luncheons and no holiday parties.
    Manager was clueless and never made any attempt to learn from subordinates with more experience in the group. Still got promoted and moved to another group.

    Advice to ManagementAdvice

    A storm is brewing and there will be a mass exodus soon. Bad managers will be exposed for the frauds that they are.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Terrible place if you're looking to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Phoenix, AZ
    Current Employee - Fund Accountant in Phoenix, AZ

    I have been working at Wilmington Trust full-time (more than a year)

    Pros

    Hours aren't bad compared to most financial services companies

    Cons

    Raises are small to non-existent
    No room for growth
    Other employees not friendly
    Upper management disconnected and out of touch with workers. No idea how unhappy most employees are.

    Advice to ManagementAdvice

    Start paying people more or I would guess that sooner than later you will have a mass exodus of workers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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