Awful, do not come - Financial Advisor Wells Fargo Employee Review

1.0
Aug 30, 2019
Recommend
CEO approval
Business Outlook

Pros

You will get paid less than your competition. Managment will also default to the highest producer, regardless of what guidelines or rules were broken. If you drink the kool aid and pretend like everything is okay when it’s not, you could move up if you’re not in a sales position. You will have to relocate to do it. Not many opportunities to stay in the same region to move up.

Cons

Completely unethical. Management bullies advisors to cross sell, even when it’s unwarranted. They push advisors to bring clients into the Private Bank even though clients don’t want to. Management does nothing when people break rules, encourage people to stay quiet. I anticipate there will be more WF negative news for years to come. Managment lies to recruits to get them to come. I watched they say anything they needed to and never followed up. They are so big, they just trust you won’t be able to do anything anyways. They want revenue first.

Explore other reviews about Wells Fargo

4.0
Dec 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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