Boston Private Reviews | Glassdoor

Boston Private Reviews

Updated April 8, 2017
50 reviews

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Full-time Part-time

3.5
Star Star Star Star Star
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Clayton G. Deutsch
9 Ratings

50 Employee Reviews

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Pros
Cons
  • No concern for low level and middle management employees (in 3 reviews)

  • Very little room for advancement (in 2 reviews)

More Pros and Cons

  1. "Account Executive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Executive in San Mateo, CA
    Former Employee - Account Executive in San Mateo, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Boston Private full-time (Less than a year)

    Pros

    Amazing benefits and yearly salary

    Cons

    Poor department management they need proper training

    Advice to Management

    Department management needs proper training

    Boston Private Response

    Apr 12, 2017 – HR Officer

    We appreciate your feedback. We continue to put effort and resources to benchmark our position total compensation offering coast-to-coast and ensure we are competitive in the market. As you may have ... More


  2. Helpful (1)

    "Client Advisor Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Advisor Associate in San Francisco, CA
    Current Employee - Client Advisor Associate in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Boston Private full-time (More than a year)

    Pros

    Good Medical coverage and culture in office

    Cons

    Admin job not associate, pay lower than industry, stagnant job, big disparity between one level to next and no middle management, chance for learning or promotions

    Advice to Management

    Pay closer to industry average and chance of growth, or the turn over will remain high

    Boston Private Response

    Mar 28, 2017 – HR Officer

    Thank you for your feedback. Boston Private prides itself on having comprehensive and competitive benefits for its employees. We strive to hire great people to nurture a positive culture. Great to ... More


  3. Helpful (5)

    "Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Boston Private full-time (Less than a year)

    Pros

    None, not a single positive thing I can say about the company and management.

    Cons

    Company has been poorly managed for many years and has a history of making bad decisions and acquisitions. They are years behind the competition because of they refuse to invest in their employees, technology and platform because of the short term focus on earnings. They hire inexperienced, cheap people and lack experienced employees. The culture is one of disengagement and disregard for employees and clients. The firm is super cheap in all regards and will never attract talent to make them competitive.

    Advice to Management

    Invest in your people and your business and stop focusing on short-term earnings.


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


  5. "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager Associate in Boston, MA
    Current Employee - Portfolio Manager Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work. Friendly, nice environment with honest folks.

    Cons

    Need to upgrade technology in a BIG way.

    Advice to Management

    Look internally for senior and executive promotions. Overall keep doing what you are doing.


  6. Helpful (4)

    "Diversity is a huge persistent issue"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Boston Private full-time (More than 3 years)

    Pros

    Good opportunity to learn about private banking

    Cons

    not a diverse organization. only few managers or functional heads of color or different ethnicities

    Advice to Management

    management must admit to problem, address it with results-oriented plans, metrics and timelines. be transparent about progress


  7. Helpful (1)

    "vice president"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend

    I worked at Boston Private full-time (More than 10 years)

    Pros

    the people you work with, the companies previous focus.

    Cons

    bad management, not enough focus on the client and workers

    Advice to Management

    review management thoroughly make sure they are managing, not micro-managing and most important they know what they are doing.


  8. Helpful (1)

    "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people, collegial culture, strong fixation on client service excellence. If you are a person who lives to provide wow! service levels to clients, this may be your place.

    Cons

    Some growing pains pivoting from a regional player to a national one...yet exciting opportunity for those who embrace change and want o work hard to attain world-class service levels.

    Advice to Management

    Lead from the front...role model, recognize, reward, celebrate successes.


  9. "Great"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Boston Private full-time (More than 3 years)

    Pros

    Great company with pretty good pay.

    Cons

    Some managers don't know what they are doing and also take a lot of time off.

    Advice to Management

    Keep a better eye on your staff.


  10. "Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in San Francisco, CA
    Former Employee - Administrative Assistant in San Francisco, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Boston Private full-time (More than 5 years)

    Pros

    Department co-workers and supervisors were awesome. Always learning something new. Great supportive team.

    Cons

    Very stressful at year end and tax time. Staffing was short due to the layoffs so work load increased.

    Advice to Management

    It is not the bottom line that keeps you in business It is your employees and clients.


  11. Helpful (5)

    "Terrible company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Loan Officer in San Francisco, CA
    Current Employee - Commercial Loan Officer in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Boston Private full-time (More than 10 years)

    Pros

    A paycheck every two weeks.

    Cons

    Boston senior management is awful. Very poor managers. Arrogance and egos abound. No concern for low level and middle management employees.

    Advice to Management

    Nothing will change unless BOD cleans house, and that does not appear to be on the horizon. Stop nickel and diming employees.


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