Wintrust Financial Reviews | Glassdoor

Wintrust Financial Reviews

Updated April 10, 2019
108 reviews

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3.5
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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
66 Ratings

Employee Reviews

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Pros
Cons
  • "Zero workplace flexibility and no work/life balance" (in 5 reviews)

  • "Hard to advance unless you know someone" (in 3 reviews)

More Pros and Cons

  1. "Satisfied"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Elgin, IL
    Former Employee - Bank Teller in Elgin, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wintrust Financial full-time (More than a year)

    Pros

    they genuinely care about team members , good pay, and always opportunity for growth

    Cons

    they need locations in Texas


  2. "avoid the marketing department"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wintrust Financial full-time (More than 5 years)

    Pros

    one free lunch every month, good benefits

    Cons

    marketing department is poorly managed. High turnover . Department reorganizes every year.

  3. "It’s okay."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker
    Current Employee - Personal Banker
    Doesn't Recommend
    Approves of CEO

    I have been working at Wintrust Financial full-time

    Pros

    You can get to Advance quickly.

    Cons

    Not the best company to learn about banking.


  4. "Great place, not the best pay"

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

    I have been working at Wintrust Financial full-time (More than 10 years)

    Pros

    Flexible hours. Feels like a family.

    Cons

    They give you more responsibility, but don’t compensate


  5. "experience varies by dept/entity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Wintrust Financial full-time

    Pros

    growing company
    many nice people
    pockets of positivity

    Cons

    very hierarchal
    information is power--told what you "need to know" only
    antiquated practices


  6. "Good company - ok pay"

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

    I worked at Wintrust Financial full-time (More than a year)

    Pros

    Different to other banks
    Great people to work with

    Cons

    Pay
    Antiquated system that puts a lot of responsibility on the banker.

    Advice to Management

    Better pay


  7. "Be careful with exclusion"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Wintrust Financial full-time (Less than a year)

    Pros

    Large company, pretty good benefits, the training process and opportunities for growth are great, the people aren't bad either.

    Cons

    It can be hard getting involved with your team. Much like with high school, groups are already determined and it's easy to feel excluded.

    Advice to Management

    Listen you your employees.

  8. "Bank Teller"

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

    I have been working at Wintrust Financial part-time

    Pros

    lots of room for growth

    Cons

    n/a no cons that I can think of


  9. "Growing company that treats its employees well"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Commercial Loan Officer in Chicago, IL
    Former Employee - Commercial Loan Officer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wintrust Financial full-time (More than 3 years)

    Pros

    Great benefits (insurance, vacation, bonus)
    Strong training program
    Access to upper management
    People care about success of company
    Smart, strategic management team (for the most part)

    Cons

    Company is lacking in diversity of thought and composition. They’ve been working to change that issue, but also shouldn’t sacrifice talent in order to achieve it.
    Promotions typically based on seniority instead of skill.
    Pay is below-market; a good amount of the younger analysts/officers leave for more lucrative opportunities.

    Advice to Management

    Improve the development of internal talent in order to avoid a mass exodus from the training program.

    Hire intelligent people from different backgrounds to promote diversity, but don’t just hire people who aren’t a good fit for the sake of diversity.


  10. "Great experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Family company, easy to make friends, competitive pay.

    Cons

    Limited upper mobility, family company.