Boston Private Reviews | Glassdoor

Boston Private Reviews

Updated September 28, 2017
18 reviews

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5.0
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Clayton G. Deutsch
6 Ratings

18 Employee Reviews

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

  • Not very stressful and good opportunity to learn and pick up new skills (in 2 reviews)

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

  • Senior management is incredibly stale (in 2 reviews)

More Pros and Cons

  1. "Software Engineer Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Boston, MA
    Former Intern - Anonymous Intern in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Boston Private as an intern

    Pros

    Teamwork
    New technology
    AI
    Machine Learning
    Worked like startup

    Cons

    Less structured
    Needs more benefits for students


  2. "Organization in Transition"

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

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

    Pros

    Solid long term outlook. CEO has incredible vision. People are amazing and always go above and beyond. Huge investment in tech is underway. Clearly seem to be headed for an org shift as it becomes more apparent that certain functions need to consolidate to ensure consistency.

    Cons

    Senior management is incredibly stale. Most are late stage career and clearly wish it were 1985 again. Physical space in main office is dated (circa 1985...hmmm) and needs complete overhaul to foster more collaboration. Very little direction provided from top beyond overall strategy. Left to siloed business areas to implement process, which fractures the client experience. HR needs more of a leadership role in shaping culture, but has very little authority to do so.

    Advice to Management

    Break the silos and find a way to organize around client needs. Need single relationship manager for clients who is not compensated in a single business area. Run front office relationship management on a market level, but back office should all be run centrally. Need a CRO who has authority over entire sales team. Too disjointed right now.

    Boston Private Response

    Jul 20, 2017 – HR Officer

    Thank you for taking the time to leave a review. As you noted, we are investing in our technology and have several initiatives underway to improve both our client and employee experience. We believe... More

  3. "Banking"

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

    I have been working at Boston Private full-time

    Pros

    Fantastic place to work. Emphasis on Client satisfaction.

    Cons

    Compensation could be better.
    Lack of real Diversity in upper management.

    Advice to Management

    Review compensation aggressively to retain talent.


  4. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 vision and values, focuses on the client, keeps employees at top of mind, and management recognizes the employee's efforts.

    Cons

    Not many offices to work in should you like to transfer.

    Advice to Management

    Keep pushing our brand and making us feel special.


  5. "Research assistant"

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

    Pros

    Great team, felt like I truly belonged. Work varied a lot, so you were never bored. Is entry level and can get a little tedious at points. But overall the team made me love it

    Cons

    There were not really any cons other than a few days of overloaded work


  6. "Manager"

    StarStarStarStarStar
    • 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.


  7. "Great"

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

    Pros

    Great employees! Everyone was super helpful and attentive.

    Cons

    Relatively low pay. Nothing else poor to say about them.

    Advice to Management

    n/a

  8. "Great"

    StarStarStarStarStar
    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.


  9. "Administrative Assistant"

    StarStarStarStarStar
    • 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.


  10. "Great Place to Work"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Excellent culture at the bank. Senior management is very committed to growing talent internally.

    Cons

    Pay is not as competitive as other banks


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