Wells Fargo - Regional Private Banker Minneapolis, MN | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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Helpful (1)

"Regional Private Banker Minneapolis, MN"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Regional Private Banker in Minneapolis, MN
Former Employee - Regional Private Banker in Minneapolis, MN
Recommends
Neutral Outlook
Approves of CEO

I worked at Wells Fargo full-time (More than 8 years)

Pros

technology is great. working for a large company, it is possilbe to have a long rewarding career. 401k and vacation time are generous. Salary is average for this position in the marketplace. Midpoint for a seasoned private banker 1 is 55,000. Private Banker 2 is 62,000. both have annual and quarterly bonus potential.

Cons

Sales expectations are high; bankers have a dotted line reporting to an affluent sales coach; be prepared for intense one on ones at least once or twice a month to review sales pipeline. Bankers are responsible for achieve 3 of four metrics in deposits, investments, loan, and partner referrals.

Other Employee Reviews for Wells Fargo

  1. "Great place and nice people."

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Working at Wells Fargo gives a nice experience and environment. You are exposed to nice people.

    Cons

    Conditions aren't that great. Guys down in HR are working on top of a trash cans in the truck loading zone.

    Advice to Management

    Get people out of the flipping trash in the back and get them some real jobs.


  2. "Keeps you on your toes"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time

    Pros

    Lots of resources to help achieve goals.
    Get used to re-orgs - 4 in the last 8 months.
    Decent compensation package.

    Cons

    Some management is clueless (those mainly from legacy Wells Fargo). When you finally get a manager who knows the business, a re-org happens and you are back to square one and need to prove yourself all over again.

    This is no different from any other large multinational company.


There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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