JBWere Reviews | Glassdoor

JBWere Reviews

7 reviews

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  1. "Terrible Inefficient Processes"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at JBWere full-time (More than 3 years)

    Pros

    Good brand name.... that's about it.

    Cons

    Very average/low pay
    Highly inefficient processes
    Way too much red tape
    Huge bias towards front office
    Only select teams get invited to events
    No culture - barely any teams talk to each other

    Advice to Management

    Cut the red tape, be more efficient and you will get more done. You have no plans of being innovative, nor advertise anywhere for new clients. Marketing is so outdated and non-existent.


  2. Helpful (1)

    "JBWere - Client Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Services Analyst in Melbourne (Australia)
    Former Employee - Client Services Analyst in Melbourne (Australia)
    Recommends
    Positive Outlook

    I worked at JBWere full-time (More than a year)

    Pros

    Very strong brand and reputation in the market.
    Opportunities abound for the determined (among client services, and also front office).
    Ideal place for entry level employees who wants to get in the private wealth management industry.
    Good networking and job opportunities as part of the wider NAB network.

    Cons

    Very hands on, practical knowledge.
    Learning curve may be steep at times.
    More contractors than permanents in the business.

    Advice to Management

    Offer more permanent positions to contractors who has been there for 1+ years and truly want to be in the business for the long term.

  3. Helpful (2)

    "Great if you can succeed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst/Advisor in Sydney (Australia)
    Current Employee - Senior Analyst/Advisor in Sydney (Australia)
    Doesn't Recommend
    Neutral Outlook

    Pros

    - Strong brand, oldest PWM firm in Australia.
    - Access to Goldman Sachs
    - If you succeed, you will make a lot of money and have great work life balance

    Cons

    - Leadership was a little uncertain
    - Top dogs took receive strong recognition and special preferences with less breathing space for the new-comers
    - Predominantly a stockbroking firm (just like any PWM firm in Australia)


  4. Helpful (2)

    "Reasonable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Auckland (New Zealand)
    Former Employee - Manager in Auckland (New Zealand)
    Recommends
    Neutral Outlook

    I worked at JBWere full-time (More than 5 years)

    Pros

    Fairly secure work, reasonable pay. Nice office and surroundings. Some career advancement opportunities.

    Cons

    Very conservative , hard to do new things. Not great for women. Not great for non revenue staff.

    Advice to Management

    Change your treatment of more junior and non revenue staff. Treat women better. Encourage training. Get some management training for your selves.


  5. Helpful (2)

    "Worked 4 years in JBWere, been through a lot changes, one thing did not change is my salary."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at JBWere full-time (More than 3 years)

    Pros

    A very easy-going culture, surrounded by young, friendly folks.

    Cons

    Not a lot opportunity to develop your career/increase your income.

    Advice to Management

    Treat people who are actually working nicer


  6. Helpful (1)

    "Good for experience, however upper management too political"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Prestigious and good location, good people to work with

    Cons

    Political, underpaid and few career opportunities to move up the ladder


  7. "A company with lots of opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Auckland (New Zealand)
    Current Employee - Anonymous Employee in Auckland (New Zealand)
    Recommends

    Pros

    A great prestige with working for an industry leader.
    Real devotion to the client / customer.
    Career opportunities for the motivated.

    Cons

    Size of company limits direct opportunities for the very senior.
    Old systems are frustrating and inflexible.
    'Old boys network' still exists in some areas.

    Advice to Management

    Concentrate on hiring the best people, deal with under performance, promote the right people.
    Be prepared to promote people for a trial basis.