Wells Fargo Reviews in New York City, NY | Glassdoor

Wells Fargo New York City Reviews

Updated September 19, 2018
341 reviews

Filter

Filter

New York City, NY Area

3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
40 Ratings

341 Employee Reviews

Sort: PopularRatingDate

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. "Excellent experience with a knowledgeable team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Management Client Associate in Melville, NY
    Current Employee - Wealth Management Client Associate in Melville, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very good salary flexibility , benefits. Potential for growth is through the roof. All you have to do is work hard and you will get to where you want to be.

    Cons

    None, work is great. Opportunity is there just have to work for it. Finet is designed to give you the space you need to grow.

    Advice to Management

    Keep up the good work


  2. "Growth Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Premier Banker in New Brunswick, NJ
    Current Employee - Premier Banker in New Brunswick, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Advancement opportunities, competitive pay

    Cons

    Micromanagement, Outdated Tech, and Negative customer impression

    Advice to Management

    More education and better training

  3. "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.


  4. "Overall a good company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Processor in New York, NY
    Current Employee - Loan Processor in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good 401k. They match up to 6%

    Cons

    Lots of micromanage as a loan processor.


  5. 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


  6. Helpful (4)

    "Business sales consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Small Business Sales Consultant in Summit, NJ
    Former Employee - Small Business Sales Consultant in Summit, NJ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    You can make your own schedule.

    Cons

    Micromanagement to the 11th power, stress over sales numbers. The same problem that caused the account scandal is still apparent and now the pressure is activity goals instead of sales goals. If you want to give a hour summary of your weekly activities to your boss every week this job is for you!

    Advice to Management

    Stop the pressure, this place will never change.


  7. "Investment Banking Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in New York, NY
    Current Employee - Investment Banking Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    relatively flat structure, large platform

    Cons

    extremely strict, unforgiving, HR is the Gestapo

    Advice to Management

    treat employees like people who sometimes make mistakes

  8. "Home mortgage consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - HMC in Brooklyn, NY
    Current Employee - HMC in Brooklyn, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Somewhat competitive products not much more to mention

    Cons

    And service very scrutinized under litigation very stringent with loan terms and conditions , endless paperwork miscommunication a lot of demands low pay

    Advice to Management

    They have a lot to shape up still and a long way to go. Reiterating all the negative media unfortunately is somewhat true and a lot is because of pressure to fill quotas and co. Demand of production .


  9. 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.


  10. "Service Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager in West Orange, NJ
    Former Employee - Service Manager in West Orange, NJ
    Recommends
    Positive Outlook

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

    Pros

    Service oriented, focuses service,

    Cons

    Needs to do some investigation before firing employees

    Advice to Management

    None


Showing 341 of 20,381 reviews
Reset Filters