Wells Fargo Financial Advisor Reviews | Glassdoor

Wells Fargo Financial Advisor Reviews

Updated April 11, 2018
160 reviews

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Financial Advisor

2.6
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
9 Ratings

Employee Reviews

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Pros
Cons
  • "Work/life balance can be non existent depending on your business line" (in 356 reviews)

  • "No "product sales goals" have been replaced by "branch growth"" (in 1253 reviews)

More Pros and Cons

  1. "Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Salt Lake City, UT
    Former Employee - Financial Advisor in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great support and training. Enjoyed going to work each day. Cafeteria is great which fresh food prepared right in front of you.

    Cons

    Only that I wasn’t there longer. I took a new position that I thought would be a step up in my career. It did not have the positive culture I knew at Wells Fargo. The grass was not greener

    Advice to Management

    Keep doing what you’re doing


  2. Helpful (2)

    "Wells sucks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Saint Louis, MO
    Former Employee - Financial Advisor in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time (More than 10 years)

    Pros

    Nothing. Absolutely the worst company to work for. They will suck the life out of you.

    Cons

    One of the worst warehouses to work for . The CEO gave himself 36 % raise in pay today yet I told there is no money available for employee raises this year. What a croak of shirt! Poor!!!

    Advice to Management

    You suck

  3. "Solutions Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Salt Lake City, UT
    Current Employee - Financial Advisor in Salt Lake City, UT
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good 401k 6% matching. Good PTO from beginning. Friendly people. Good job to get licensed and as a stepping stone to other jobs.

    Cons

    No sick days. Not much room for advancement. Average pay. No commission. Call center enviroment, end up doing customer service 80% of the time. Operations is frustrating to work with. Technology is stuck in the early 2000s. Still cant esign for most things.

    Advice to Management

    Clear paths of promotion. Sick days not count as an occurance against you. Update technology.


  4. Helpful (1)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in San Francisco, CA
    Current Employee - Financial Advisor in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Management very detail oriented and resilient in the face of tremendous scrutiny.

    Cons

    Mgt no idea how to turn around business scrutiny from regulators, they have been hard charging and disciplined for years to maximize shareholder value... pleasing the Warren Buffet crowd, etc.

    Advice to Management

    Stop focusing on short term goals, objectives, tear down your model, pay all employees a salary base, stop comingling commission only sales people within the bank referral structure, they are anathema to changing real focus to genuinely helping customers and not just squeezing them , Reinstate employee feedback surveys, why were these terminated?


  5. Helpful (2)

    "Financial Advisor Nightmare"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor, First Vice President
    Current Employee - Financial Advisor, First Vice President
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Hmmmm.....cause you have no other options?

    Cons

    FA's come last as far as decision making, benefits, perks

    Advice to Management

    Remember that without us, there is no WFA. We hear about changes after the fact and are never consulted before significant changes. No FA appreciation, ever. Just reward and praise your assistants even if you do 80% of their job because they are overworked and you're sharing your assistant with 3 or 4 other advisors.


  6. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Houston, TX
    Former Employee - Financial Advisor in Houston, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Friendly. Great management. Good guidance through the complexities employee faces on a day to day basis. Great benefits and environment is conducive for advancement

    Cons

    Compliance is a bit heavy handed. Ever changing regulatory environment results in over abundance of paperwork and time spent on compliance instead of servicing the clients and customers

    Advice to Management

    Keep up the great job


  7. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Atlanta, GA
    Former Employee - Financial Advisor in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The have good benefits and 401k.

    Cons

    They do not offer enough support for their reps.

  8. Helpful (1)

    "Financial Advisor - Bank Branch WBS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in North East, PA
    Current Employee - Financial Advisor in North East, PA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    A wide variety of investment options. Great support from the help desks in St. Louis MO and Richmond VA

    Cons

    Wells can't seem to shake the bank scandals, this significantly impacts new business. Recruiters paint a wonderful picture that does not always play out. Service associates are typically at regional centers which can make it difficult to develop a good rapport. Regional managers have a big stake in bringing on new FA's; that can create a strong incentive to paint that wonderful picture.

    Advice to Management

    Support the struggling FA's that have been significantly impacted by the plethora of bad news and press. Make sure they can do their job effectively and make a living while waiting for the tide to turn.


  9. "Financial Advisor"

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

    I have been working at Wells Fargo full-time (More than 8 years)

    Pros

    Good work culture. Supportive management.

    Cons

    Overly restrictive rules regarding prospecting individuals with seemingly any type of existing relationship with Wells Fargo.


  10. Helpful (1)

    "Don't do it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Charlotte, NC
    Former Employee - Financial Advisor in Charlotte, NC
    Doesn't Recommend
    Negative Outlook

    I worked at Wells Fargo (More than a year)

    Pros

    Some great junior colleagues

    Cons

    dishonest, crooked, greedy - I know, shocker...

    Advice to Management

    Figure out a way to sell investments with a modicum of decency