First Republic Bank Reviews | Glassdoor

First Republic Bank Reviews

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Found 316 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
66%
Recommend to a Friend
88%
Approve of CEO
First Republic Bank CEO James H. Herbert II
James H. Herbert II
209 Ratings
Pros
Cons
More Pros and Cons
  1. Helpful (1)

    "Amazing Company"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Registered Client Service Associate in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time for more than 4 years

    Pros

    Amazing company where management truly invests in you as an employee. Couldn’t be happier!

    Cons

    Pay isn’t as high as other firms.

    Advice to Management

    Keep doing what you’re doing!

  2. Helpful (3)

    "Great place to bank; best not look behind the curtain."

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Preferred Banker in San Francisco, CA
    Doesn't Recommend
    Approves of CEO

    I worked at First Republic Bank full-time for more than 2 years

    Pros

    + Amazing Benefits + Great Vision & Values + Strong C-Level Management + Popular locations

    Cons

    - Long Hours encouraged (i.e. expected) - Poor communication; no accountability - Poor training / No coaching or development mobility - Unbalanced compensation incentives (i.e. seniority rules) - Policies or standards practiced unevenly across footprint

    Advice to Management

    Consider seeking additional training in management skills & communication

  3. Helpful (1)

    "Pay Good/Culture trash"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consumer Service Associate 

    I have been working at First Republic Bank full-time for more than 4 years

    Pros

    Pay and benefits. Pay is good. Benefits as well.

    Cons

    Highly political/favoritism. They promote based on personality rather than merit.

  4. "Working at First Republic Bank"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at First Republic Bank full-time

      Pros

      great subsidized food and great people

      Cons

      too much favoritism, not able to work from home.

    • "Good firm"

      StarStarStarStarStar
        Former Employee - Director 

        I worked at First Republic Bank

        Pros

        Good people. Nice culture. Overall good firm

        Cons

        Politics but politics is everywhere for big corporations

      • Helpful (10)

        "Politics, backstabbing, immaturity"

        StarStarStarStarStar
        • Overall
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Anonymous Employee in San Francisco, CA
        Doesn't Recommend
        Negative Outlook
        Approves of CEO

        I worked at First Republic Bank full-time for more than a year

        Pros

        Cafeteria food is good, cheap. Central location in FiDi.

        Cons

        Wow! Some of the things that happened to me within my team were extremely dysfunctional. The bank tries to sell a positive culture, but I judged by my experiences. It was to the point that going to HR would resolve nothing. I had overheard my supervisor talking inappropriately about me to another team member (how would I prove this)? Team members would also try to act friendly, while also intentionally getting me in trouble...

        Show More

        Advice to Management

        Manage the drama on younger teams, hire people you can trust vs micromanaging, don’t use people’s claims to fire someone when it might be their own insecurities.

      • Helpful (8)

        "Antiquated right down to the class system"

        StarStarStarStarStar
        • Overall
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Information Technology in San Francisco, CA
        Doesn't Recommend
        Negative Outlook
        Disapproves of CEO

        I worked at First Republic Bank full-time for more than a year

        Pros

        My team that I worked with closely were actually very nice and pleasant people to work with. I learned much from working with them and I value the time we spent together. They were respectful, honest and enthusiastic. The cafe(s) are a nice perk especially in downtown San Francisco. The food is decent and very cheap. Tuition reimbursement.

        Cons

        Other than my team (IT) I found most other people distasteful to be around. There’s a lot of people talking nice to your face and then spreading lies the next minute. These were petty, shallow people who made me distrustful of nearly anyone else. This is an antiquated company in many ways. This is in downtown San Francisco in 2019 and they have a very strict outdated dress code, a laughably poor work from home policy...

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        Advice to Management

        I wouldn’t know where to start.

      • Helpful (2)

        "FRB is a good bank with a weak wealth management arm."

        StarStarStarStarStar
          Former Employee - Registered Client Service Associate 

          I worked at First Republic Bank full-time

          Pros

          Good benefits - $25 minimum wage, fitness stipends, commuter stipend on top of WageWorks, Eagle Cafe

          Cons

          PWM is growing with more advisors and teams onboarding but operations is not hiring at the same rate. A lot of the work is there because programs and platforms do not talk to each other. You have to deal with middlemen constantly.

          Advice to Management

          Invest money in technology to overhaul operations.

        • "Great Company"

          StarStarStarStarStar
          • Overall
          • Career Opportunities
          • Compensation and Benefits
          Current Employee - Anonymous Employee 
          Recommends
          Positive Outlook
          Approves of CEO

          I have been working at First Republic Bank full-time

          Pros

          AWESOME COMPANY with Great Benefits

          Cons

          No issues to discuss at this time

          Advice to Management

          Keep up the great work

        • Helpful (3)

          "Good!"

          StarStarStarStarStar
          • Overall
          • Culture & Values
          • Career Opportunities
          • Compensation and Benefits
          • Senior Management
          Current Employee - Senior Business Analyst 
          Recommends
          Neutral Outlook
          Approves of CEO

          I have been working at First Republic Bank full-time for more than 6 years

          Pros

          Good cafe food, people are very friendly and helpful, good culture.

          Cons

          Lack of process. Go forward, go fast is taken very seriously with lack of analysis in all the efforts.

        Found 316 reviews