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Wintrust Financial

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Wintrust Financial

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Wintrust Financial Reviews

Updated Nov 26, 2021

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Found 217 of over 259 reviews

3.9
70%
Recommend to a Friend
91%
Approve of CEO
Wintrust Financial President, CEO, and Director; Chairman, Wayne Hummer Investments, Wayne Hummer Trust, Wayne Hummer Asset Management, and First Insurance Funding Edward J. Wehmer
Edward J. Wehmer
124 Ratings
Pros
  • "Stable company with good benefits(in 20 reviews)

  • "Very much into work/life balance(in 12 reviews)

  • Cons
  • "Certain managers do not care about work-life balance(in 8 reviews)

  • "Location, silos, out of touch senior management(in 5 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    1. 5.0
      Current Employee

      Great place to work

      Nov 26, 2021 - Relationship Banker in Palatine, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great working culture that one would enjoy

      Cons

      One must willing to adopt changes

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    2. 4.0
      Current Employee, less than 1 year

      Great company culture! It's a family!

      Nov 17, 2021 - Anonymous Employee in Rosemont, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Growing company, strong leadership team, great benefits, entrepreneurial culture. Great team!

      Cons

      Compensation is a bit low but I know they are working on making some changes. Sometimes feels too decentralized with all the different bank charters.

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    3. 1.0
      Former Employee, more than 5 years

      Ugly inside

      Nov 24, 2021 - Officer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Good at getting young ambitious people excited to work hard at low pay. Look at the majority of 5 star reviews supplied by naive analysts and interns. This is largely accomplished through meet and greets with upper management to pump your ego. Ambitious minorites and working class whites tend to fall for this most of all. -Good at disguising ugly business practices with slang such as a "friend of Ed" or a "McKinnon special". -Great place to be overpaid and underworked IF you are the son or daughter of somebody who is connected.

      Cons

      -Sons and daughters of executives, clients, and attorneys / vendors / referral hubs get great compensation for minimal work. Others get pumped egos, job titles, more responsibility, and empty promises of career development. Prepare yourself for laughable pay and bonuses despite skill development and giving more and more time. -Contrary to what managers tell you, Wintrust job titles are not respected in the industry. The more time you spend here, the more you stifle your career trajectory. -You will help with very ugly business practices. The losses generated by Wintrust's ugly underbelly are supplemented on the backs of everyone else who is deceived to be overworked and underpaid. The dozens of connected sons have a pass to participate however much they choose. Meanwhile, they are first in line for real promotions and are paid more than you every step of the way. In facilitating these ugly promotions you're conditioned to nod and smile so you can carry on working hard to make up for it.

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    4. 3.0
      Current Employee, more than 1 year

      Good & Steady, Overall.

      Nov 23, 2021 - Customer Contact Representative in Rosemont, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Employee Benefits - Remote Ready - Growth Opportunities

      Cons

      - Lack of communication between colleagues - Irate/self-entitled customers - Leadership structure and expectations

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    5. 4.0
      Former Employee

      Good place to learn and grow

      Oct 21, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Cross training is big and a lot of advancement opportunities if you have the skills.

      Cons

      The pay is lacking and turnover can be high depending upon the department.

      2 people found this review helpful
    6. 2.0
      Former Employee, more than 3 years

      WTFC Review

      Nov 6, 2021 - Senior Financial Analyst in Rosemont, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - exposure to various different projects - IT and Data Management team are very helpful and efficient

      Cons

      - Little diversity in senior leadership in the Finance division - No people of color and very little women on the FP&A, BSM or the Model Development team - Little work-life balance

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    7. 3.0
      Former Employee, more than 8 years

      Going downhill

      Oct 28, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great benefits Healthcare, 401k, stock options etc.

      Cons

      Poor communication and not great pay. Also, Wintrust used to be fantastic about making employees feel appreciated and that has changed significantly in the last couple of years.

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      1 person found this review helpful
    8. 5.0
      Former Employee, more than 5 years

      Great company

      Sep 10, 2021 - Financial Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      This company takes care of the employees. The atmosphere is almost al way postive and I personally had a great time working here.

      Cons

      Not really any, the experience I had here was great.

      1 person found this review helpful
    9. 5.0
      Former Employee

      Renewal Department

      Sep 16, 2021 - Loan Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Incredible fun concept and great costumers.

      Cons

      Some of upper management are not trained to work on a team and communicate efficient.

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    10. 4.0
      Current Employee

      Great place to work

      Sep 2, 2021 - Assistant Vice-President in Rosemont, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great place to work with many growth opportunities

      Cons

      As the company grows, many processes become automated.

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