Wells Fargo Licensed Personal Banker Reviews | Glassdoor

Wells Fargo Licensed Personal Banker Reviews

Updated January 30, 2018
133 reviews

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Licensed Personal Banker

3.4
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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  • "No "product sales goals" have been replaced by "branch growth"" (in 1253 reviews)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. "personal banker 2 registered"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker II in Atlanta, GA
    Current Employee - Licensed Personal Banker II in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    wonderful place to work. They are all for helping out with a career path.

    Cons

    none, I love working here

    Advice to Management

    none great job great managers


  2. "Reg Personal Banker II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker in Tampa, FL
    Current Employee - Licensed Personal Banker in Tampa, FL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Work life balance and the stress level of working at a branch

    Cons

    promotion opportunities have decreased since account opening scandal

  3. "Licensed Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Licensed Personal Banker in San Diego, CA
    Former Employee - Licensed Personal Banker in San Diego, CA
    Recommends

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

    Pros

    Great benefits, 401k and company stock options.

    Cons

    At the time, too much pressure from management to sale.
    Hours compared to other banks.

    Advice to Management

    Don't fall back to your old ways.


  4. "great place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker
    Current Employee - Licensed Personal Banker
    Recommends
    No opinion of CEO

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

    Pros

    lots of PTO and other benefits. great place to get your feet wet in the financial services industry

    Cons

    Management support is lacking even when they are asked to help. Current environment is totally geared to cover their own butts which leads to them lack in the customer experience area of training focus.


  5. "Company is circling the drain, stay far, far away..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker in Richmond, VA
    Current Employee - Licensed Personal Banker in Richmond, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Company will invest in you personally if you desire to move up. The company paid for me to get my licensing done. Great benefits, 401k matching up to 6% after one year.

    Cons

    Antiquated business model in general. Company seems to have gotten too big for it's own good. Many different areas of the company make it complicated to ultimately help the customer at the branch level. Banking in general is moving away from the physical location of the branch itself, many things, even for bankers, need to be called in on, and the back office usually is not informative, knowledgeable, or helpful enough to solve the issue in a timely manner. Most people hired by the company are sub-par or entry-level work force members. Very high turnover rate. Company is trying hard to bounce back from pending lawsuits and aggressive sales tactics. Company seems to be on the way out within a few years. Company is downsizing, most branches very short-staffed. Money can be made as a financial advisor, but at least 5 years are needed in order to work with the advisory team.


  6. Helpful (2)

    "Terrible Terrible Terrible Terrible Terrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Licensed Personal Banker in Colorado Springs, CO
    Former Employee - Licensed Personal Banker in Colorado Springs, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    You'll learn to be sheisty
    You'll learn to con people into things they don't want
    You'll work a lot because they pay crappy and you won't afford to do anything else!

    Cons

    So many Cons....literally!
    You make no money
    Management is about the worst you could imagine...maybe worse than that even

    Advice to Management

    Quit. Go to hell.


  7. "I have had a great time"

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

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

    Pros

    Generous time off, upward mobility, competitive pay, professional development, benefits, national presence, celebrates diversity

    Cons

    Public image problem, heavily regulated

    Advice to Management

    Management has already begun implementing changes to its sales structure. Just remember that customers are people not numbers.

  8. "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker in Oceanside, NY
    Current Employee - Licensed Personal Banker in Oceanside, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great partners and team environment.

    Cons

    Executive management should be restructured.

    Advice to Management

    Follow through with the feedback given by the team members.


  9. "Great experience, scandal taken too serious"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker II in Washington, DC
    Current Employee - Licensed Personal Banker II in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great benefits, pay is well, many lines business which offers opportunities to move around. Warm leads and affluent platform. Great opportunity for growth. Team is very supportive for the most part

    Cons

    In consistent leadership in district. Communication is 2nd rate. Environment for sales is non existent since scandal. No more incentive outside customer experience ratings.

    Advice to Management

    Encourage bankers to hustle for assets and business like before. Don't be complacent with clients because you are scars of bad press.


  10. "Licensed Personal Banker II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker II in Rock Hill, SC
    Current Employee - Licensed Personal Banker II in Rock Hill, SC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    A lot of opportunities for growth and professional development, great benefits. 16 weeks maternity leave and 401k matching up to 6%.

    Cons

    They should pay their employees more, bonus structure has been changed and employees are not able to make as much as they were able before. The base salary hasn't changed to make up for the bonus

    Advice to Management

    Appreciate your employees before they decide to leave