Wells Fargo Financial Advisor Reviews | Glassdoor
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Wells Fargo Financial Advisor Reviews

Updated September 19, 2018
167 reviews

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Financial Advisor

2.7
StarStarStarStarStar
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Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
14 Ratings

Employee Reviews

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Pros
Cons
  • "Work/life balance can be non existent depending on your business line" (in 362 reviews)

  • "sales goals were a major part of the job" (in 1264 reviews)

More Pros and Cons

  1. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Alpharetta, GA
    Current Employee - Financial Advisor in Alpharetta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 10 years)

    Pros

    Open architecture for financial advisors. Very supportive management

    Cons

    Negative news stories from past problems


  2. "HATE THIS PLACE"

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

    I have been working at Wells Fargo full-time (More than 10 years)

    Pros

    none at all. The place is run by idiots

    Cons

    Everything is wrong with it. Such an unethical company.

    Advice to Management

    Quit. Remove yourself as you are the problem.

  3. "Wells Fargo Advisors"

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

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

    Pros

    Midwestern values, more Main Street than Wall Street

    Cons

    Advisor comp plan has production hurdles before higher payout rate applies. Hurdle incentivises advisor to push higher commission products in order to reach higher payout rates sooner.

    Advice to Management

    Remove production hurdles and lower average payout rate. Also, keep the company out of the headlines.


  4. "WFA Solutions"

    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 a year)

    Pros

    Great team based environment, perfect opportunity for recent grads to become licensed and build necessary skills. Very stable work environment, suitable for those that value structure or have kids and can’t afford to take work home.

    Cons

    Very highly supervised position, you will not like this role if you need a high degree of autonomy. Pay may not be as competitive depending on your skills also not a great place for incredibly creative individuals as most processes are very prescriptive.

    Advice to Management

    Pay is not the only factor but it’s a big one, do more market research on similar positions and price accordingly.communicate to new hires their expectations more effectively. Do more to respond to team member concerns in a clear and effective manor.


  5. Helpful (1)

    "Wells Fargo solutions"

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

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

    Pros

    Sponsor for series 7 and 66

    Cons

    No consistency with management, pay below peers, no job advancement

    Advice to Management

    Listen to your employees. I’m not proud of our product “menu” as a financial advisor knowing there are better products for clients. We push intuitive investor to clients, even to clients that doesn’t even have a computer!This is my two weeks notice btw.


  6. Helpful (1)

    "Financial Advisor"

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

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

    Pros

    None to think of now

    Cons

    Too many to list here

    Advice to Management

    Stop letting compliance drive the business


  7. Helpful (2)

    "Think carefully"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Relationship Advisor in New Brunswick, NJ
    Former Employee - Financial Relationship Advisor in New Brunswick, NJ
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Management knows how to make things sound really nice.

    Cons

    Management , bonuses are discretionary. Training is not really what you would expect from a wirehouse.

    Advice to Management

    Stop dancing around the topic! Help your new-hires become the top producers of tomorrow. Change the bonus structure.

  8. Helpful (1)

    "Misery"

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

    I have been working at Wells Fargo full-time (More than 5 years)

    Pros

    Our customers, so patient and loyal

    Cons

    Just about everything, high turnover, ridiculous compliance and expectations, relentless wasted time and effort for appearances

    Advice to Management

    Get new management, to take us out of this misery and give the customers what they deserve, great service from enthusiastic well trained employees


  9. "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


  10. Helpful (3)

    "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