First Republic Bank Reviews | Glassdoor

First Republic Bank Reviews

Updated May 23, 2018
278 reviews

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3.7
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First Republic Bank Chairman and CEO James H. Herbert II
James H. Herbert II
183 Ratings

278 Employee Reviews

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  1. "Marketing"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Republic Bank full-time

    Pros

    Competitive salaries and really nice people to work with. Flexibility

    Cons

    All I can say is I am still at completely satisfied customer.


  2. "Wealth Advisor"

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

    I have been working at First Republic Bank full-time

    Pros

    Forward thinking,kind,flat, and awesome workplace

    Cons

    Not enough locations across the country

  3. "Good place in san Francisco"

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

    I worked at First Republic Bank full-time

    Pros

    Benefits medical food discounts near bart station

    Cons

    Hard to compete with tech sector and work from home flexibility


  4. "Great Bank"

    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 First Republic Bank full-time

    Pros

    Great Benefits, opportunity to grow

    Cons

    politics in the office, work life balance


  5. Helpful (1)

    "Accounting Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Manager in San Francisco, CA
    Former Employee - Accounting Manager in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Republic Bank full-time (More than 5 years)

    Pros

    1) Rock solid cultural values
    2) Highly ethical institution grounded in client respect and extraordinary service
    3) Unusually flat org structures - which is refreshing - titles are not revered - teamwork is what is important
    4) Generous benefits, compensation, and incentive structures

    Cons

    1) Crunch times are real and all hands must contribute to the required effort - there can be very long hours with formidable deliverable requirements
    2) Rapid growth (from 800 employees in 2010 to almost 4,000 today) has strained all aspects of the back office, IT, and administrative functions of the company
    3) Some isolated silo/protectionist mentalities still exist, although that mindset has diminished greatly owing to rapid growth and bringing in employees who are fully aligned with the bank's core value of teamwork

    Advice to Management

    1. The values are the key to what sets FRB apart. Don't change them. Stress them even more as growth continues.
    2. Continues insfrastructure (particularly IT, BSA/AML, Compliance) investments to keep up technically and to protect the bank's sterling reputation
    3. Continue to scale ways to work smarter and faster with existing resources, and continue to listen to the line employees and client facing bankers carefully


  6. "Great"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great People to work with

    Cons

    No Cons to list currently

    Advice to Management

    Keep up the great work


  7. "Great culture and growth opportunities."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Desk Analyst Level III in New York, NY
    Current Employee - Service Desk Analyst Level III in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time (More than 3 years)

    Pros

    Get to deal with others who are passionate about their work. Always providing white glove service. Hard work never goes unnoticed.

    Cons

    Lots of clients with different personalities. Sometimes it can be a bit challenging. But overall manageable. Technology is okay but needs improvement.

  8. "Client Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Approves of CEO

    I have been working at First Republic Bank full-time (More than a year)

    Pros

    - Great Benefits (401k + matching, health, dental, vision, pre-tax transportation..etc(
    - Priority on culture fit
    - Amazing community of colleagues

    Cons

    - Can be a little clique-ish


  9. "Nice place to work"

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

    I worked at First Republic Bank full-time

    Pros

    Great cafe at NYC HQ, opportunity to advance and switch jobs, high-quality people, nice environment

    Cons

    Growing very quickly, mediocre pay


  10. Helpful (1)

    "Preferred Banker"

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

    I have been working at First Republic Bank full-time (More than 3 years)

    Pros

    Most offices are very chill and the managers are hands off. Get your work done and provide exceptional service and you will fare well. Bonuses start rolling in like a wildfire if you build your book of business well. (Individual compensations for loans and deposits) The office and bank also has bonuses for goals met, which they typically will since the bank has been growing at a very healthy pace. Most bankers and officers become close since we don't have many PBO employees at the offices.

    Cons

    Tech is wayyyyy out of date. Some managers can be a bit of an arse but overall, it's not that bad if you don't have direct contact with them. Certain districts have a extreme shortage of bankers so getting days off might be tough in certain offices and working OT is definitely possible.. almost required if you want to help the team.. which isn't bad!

    Advice to Management

    Work on the tech!!


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