Boston Private Reviews | Glassdoor

Boston Private Reviews

Updated June 19, 2017
20 reviews

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4.0
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Clayton G. Deutsch
5 Ratings

20 Employee Reviews

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Pros
  • Very knowledgable employees; nice work-life balance; potential to be a nationally recognized bank (in 5 reviews)

  • Our superiors care about us, and we always have opportunity for growth (in 2 reviews)

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. "Business Analyst Assistant"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Boston Private as an intern

    Pros

    Learned a lot! The project management team was very friendly and everyone was always willing to teach. You truly learn how to manage projects in a very methodological manner and grow in a professional environment.

    Cons

    At times the routine felt a little mundane, and a lot of the project were heavily IT based (which I had very little knowledge of). The learning curve is a bit high, but definitely manageable.


  2. "Loan assistant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Boston Private full-time

    Pros

    Great company, treats employees very well

    Cons

    Lack of follow through

  3. "You get what you give. It really depends on your manager and your networking skills."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Boston, MA
    Former Employee - Credit Analyst in Boston, MA
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Flexible schedule and certain managers are great and want to propel you in your career (some will just be your manager). Overall, it is a nice company.

    Cons

    The recent acquisitions and restructuring created a lot of havoc among culture and employees/ departments.

    The RDP (Rotational Development Program) is designed for incoming "elite" graduates that have priority in jobs and are given extra special attention to, leaving hard working and loyal employees in the corner.

    Advice to Management

    Keep it fair. Never forget that a company's foundation and ability to develop relies on the employees believing in the company and just a select few.

    Strengthen the culture and don't play favorites.


  4. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    Approves of CEO

    I have been working at Boston Private full-time

    Pros

    People are generally nice to work with. Office building and environment is very nice. I know what I'm doing and am now on autopilot. Technology is improving slowly but surely. Company holds red sox opening celebrations and pizza get togethers which help team building and engagement. Groups such as Early Career Professionals and Women's Connection help employees get to know other and network.

    Cons

    Lot of change currently with many long tenured employees leaving. No opportunity for career growth as there are limited job openings at the top or very specific skills/experience are needed which you can't get at BP.

    Advice to Management

    Focus on the people, they are what keeps the company going. Strategic goals are important but not at the cost of employees.


  5. "Account Executive"

    StarStarStarStarStar
    • 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


  6. "Boston Private"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Credit Analyst
    Current Employee - Senior Credit Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Boston Private full-time

    Pros

    Collaborative workplace, flexible work options, opportunity for growth

    Cons

    Pay is lower than industry standard, technology is lacking

    Boston Private Response

    Mar 16, 2017 – HR Officer

    Thank you for taking a moment to leave feedback regarding your experience at Boston Private. The Bank is continually looking to enhance its capabilities, and this includes a heightened focus on our... More


  7. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Boston Private full-time

    Pros

    Great culture and honest, hard working people. Upper level management wants those below them to succeed.

    Cons

    Slow to adapt to new processes/ technologies

  8. Helpful (1)

    "Manager"

    StarStarStarStarStar
    • 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. "Good Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook

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

    Pros

    The focus really is on the client. Generally a good group of co-workers who are collaborative.

    Cons

    Career advancement and development is limited. Basically have to wait for someone to retire/leave.

    Advice to Management

    Take care of the employees and the employees will continue to take great care of clients


  10. "Boston Private is a highly performing and collaborative workplace."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Business Partner in Los Angeles, CA
    Former Employee - Human Resources Business Partner in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    High expectations for performance and high rewards for success. Collaboration is natural and easily facilitated. Teamwork is paramount and highly valued.

    Cons

    The culture in Boston is very different from the culture in California, but presented a valuable learning curve and challenge to overcome.

    Advice to Management

    Remain flexible and open to embracing other points of view and ways of operating.


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