Wintrust Financial Reviews | Glassdoor

Wintrust Financial Reviews

Updated July 23, 2017
14 reviews

Filter

Filter


2.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
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
4 Ratings

14 Employee Reviews

Sort: PopularRatingDate

Pros
  • Employee centric and really support work/life balance (in 6 reviews)

  • They do have good benefits and value a work/life balance (in 10 reviews)

Cons
More Pros and Cons

  1. "N/A"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Auditor
    Current Employee - Internal Auditor
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Wintrust Financial full-time (Less than a year)

    Pros

    They always seek to hire new talent

    Cons

    No foundation set for staff to follow.

    Advice to Management

    Build the necessary foundation for employees to prosper


  2. Helpful (1)

    "Wintrust"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wintrust Financial full-time

    Pros

    Good people to work with

    Cons

    Major disconnect between upper management and the working employees.

    Advice to Management

    Learn how things actually work. Don't put your bonus ahead of everything else.

  3. Helpful (1)

    "Tread Carefully"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Lansing, IL
    Former Employee - Financial Analyst in Lansing, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Fellow employees are very friendly and willing to assist.

    Cons

    Very nit picky about everything from what you wear to how you even speak to various individuals.
    Training is extremely weak and the leadership would rather cut an employee than invest in their future by providing proper training to do the job given.

    Advice to Management

    Properly train all employees to do their job well. Do not leave employees to be trained via proxy and over e-mail. Place all employees with someone who can provide them the training they need, not in an office 30 miles away and expect them to commute constantly for assistance.


  4. Helpful (1)

    "Information Technology - System Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer in Wood Dale, IL
    Current Employee - Systems Engineer in Wood Dale, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Wintrust Financial full-time (More than 5 years)

    Pros

    Great people

    Great overall skill improvement opportunities

    Growing corporation

    Good benefits

    Computer based training courses available to further technical education on personal time

    Cons

    Senior management lacks a clear understanding on employee staffing levels

    Technology systems delivered lacks imagination and innovation

    No formal training provided for on-boarding employees

    Little room for professional advancement

    Advice to Management

    Properly staff your organization

    Properly organize and plan long term projects and allow the staff adequate time to execute said plan

    Listen to employees in matters of technical feasibility vs possibility

    Refine processes to actually help your employees be efficient, rather than hinder them

    Provide formal training to employees to increase productivity

    Be consistent with decision making and policy enforcement

    Give proper annual reviews (something I have had exactly 1 time in all my years at the company)

    Be realistic with expectations to the business units, it feels at times the inmates run the asylum


  5. Helpful (6)

    "Very old fashioned approach to office life. If you want to have a life outside of work, don't work here."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Rosemont, IL
    Current Employee - Analyst in Rosemont, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Wintrust Financial full-time (More than 3 years)

    Pros

    You can meet some great people. Great building location, lots to do during lunch or after work. Really good restaurants in the area.

    Cons

    Zero workplace flexibility and no work/life balance. You are expected to be in the office 8am-10pm. Upper management will openly bully talented employees just because they don't like them. No emphasis on career development.

    Advice to Management

    Stop cultivating a toxic environment. Inspire all employees and take an interest in employee development.


  6. Helpful (1)

    "Auditor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Auditor
    Current Employee - Auditor
    Doesn't Recommend
    Neutral Outlook

    I have been working at Wintrust Financial full-time (More than 3 years)

    Pros

    Good work life balance and office atmosphere. Its also virtually impossible to get fired.

    Cons

    Terrible compensation and will only pay $5,000 for tuition reimbursement per year.

    Advice to Management

    Pay more and hold people accountable who are bad at their jobs.


  7. Helpful (1)

    "Marketing Department"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Rosemont, IL
    Former Employee - Anonymous Employee in Rosemont, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Free company gym, free shuttle to/from blue line, happy hours, department outings, free monthly company luncheons, good health benefits, 401K, flexible hours

    Cons

    No challenging work, no room for advancement, extreme favoritism, pay is below average, employees are not recognized for hard work

    Advice to Management

    Treat your employees better, create better opportunities for them to advance within the department/company, create more engaging work for employees to stick around, pay higher salaries

  8. Helpful (1)

    "Up Your Game"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Wintrust Financial (More than a year)

    Pros

    Reasonable working hours
    Not too much micromanagement
    Conveniently located
    An office with great views
    Great coffee in the lobby, and a good gym nearby as well
    Not too many frivolous meetings

    Cons

    A generally apathetic and mildly to moderately discontent culture. Not quite dysfunctional enough to warrant one star, but still pretty bad. I imagine it's kind of like working for the DMV, except everyone you work with is a college graduate from a third tier institution (that's not to say every college graduate from a 3rd tier institutions is dumb though, as some are quite brilliant) .

    Also, I can't speak to other peoples' experiences, but I felt totally out of place there. I also witnessed insane levels of turnover among the analysts, which doesn't speak well to the future viability of their investment product offerings.

    Also, there was lots of middle management bloat.

    Advice to Management

    A wealth management company is not a bank. Stop treating it like one. Autocratic decision making, rigid hierarchy, a culture that rewards conventionality over originality, and so forth are the exact opposite traits that a company needs if it's going to produce superior investment results and provide high quality customer service.


  9. "My Review"

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

    I have been working at Wintrust Financial full-time (More than 8 years)

    Pros

    Wintrust is a nice place to work except for the department I am in

    Cons

    To draconian in my department. Management is old fashion and out of touch


  10. Helpful (1)

    "Not my worse employer but definitely not among the best."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Wintrust Financial full-time

    Pros

    Employment opportunity....there were not many positive to this job.

    Cons

    Untrustworthy management, lack of integrity...


Showing 14 of 80 reviews
Reset Filters