Wells Fargo Licensed Personal Banker Reviews | Glassdoor

Wells Fargo Licensed Personal Banker Reviews

Updated September 14, 2018
139 reviews

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Licensed Personal Banker

3.6
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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 that promotes from the inside."

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

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

    Pros

    the benefits are great. the management is working to fix the negative image from 2 years ago. salary is competitive for the industry

    Cons

    with out the sales goals can get complacent. also customer's are still using the fake account from 2016 to throw in our face anytime they get upset.


  2. Helpful (2)

    "Great place for career advancement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker in Miami, FL
    Current Employee - Licensed Personal Banker in Miami, FL
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Sales goals are gone, eventually coming back , if you want to grow within the company, you are going to get the opportunity

    Cons

    Working in retail/community banking is the worse , if you decide to work for Wells try for a corporate job , wealth management , advisors ,operations , anything besides retail

  3. "Great Opportunity"

    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

    Room for advancement
    Great benefits
    Good pay

    Cons

    Management changes
    Stuck with old management ways in new world


  4. Helpful (3)

    "Was good...now not so much."

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

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

    Pros

    Can move up fast if you do your job.

    Cons

    Company closing branches quickly.
    Going digital and taking away from branch banking.
    Pay isn’t good.
    Bonus is poor.
    Say they don’t have goals but they really do but never will write them down they are just verbal.
    Constant lawsuits hurt your business.

    Advice to Management

    Stop playing in the gray areas of rules.


  5. Helpful (1)

    "Great Benefits - Horrible Culture"

    StarStarStarStarStar
    Former Employee - Licensed Personal Banker
    Former Employee - Licensed Personal Banker

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

    Pros

    Benefits, Solid retirement options, set schedules

    Cons

    Sales culture and the inability to take responsibility for the lack of change.


  6. Helpful (2)

    "Licensed personal banker 2"

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

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

    Pros

    Pay was usually higher, the people you work with were great.

    Cons

    Extreme and unethical sales practices were being taught and then when a situation occurred they would level all blame and fault on bankers and lower level employees. Hitting your sales bonuses are not good enough you still get written up if you’re not making the outrageous inflated goals. Uneducated people would be hired and politics is rampid.

    Advice to Management

    All Wachovia holdover employees in the mgt and upper level positions need to go. They are Amongst the most corrupt people I ever witnessed. Stop blaming bankers for what management is teaching. Stop trying to sell to ppl just b a bank.


  7. "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

  8. "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.


  9. "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.


  10. "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.