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      Wells Fargo

      Engaged Employer

      Wells Fargo reviews

      3.5

      57% would recommend to a friend

      (54,432 total reviews)
      avatar

      Charlie Scharf

      62% approve of CEO

      55% positive business outlook

      Ratings by demographic groups

      Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,432 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

      Reviews by job title

      54K reviews
      1.0
      Feb 5, 2014

      Bad business decisions mixing insurance and banking

      Account executive
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits, co-workers, PTO, working environment, office location.

      Cons

      no longer a customer service oriented organization, only interest is bottom line dollar, no concern from upper executive management of their employees who make them profitable. decisions made based on how much money they can dump back in bottom line no concern for employees that they eliminate nor how the people left behind are affected being left without support staff. Too many compliance training classes every year, same thing year after year. waste of time.

      2.0
      Jan 20, 2014

      could be better

      Collector
      Recommend
      CEO approval
      Business Outlook

      Pros

      started off with good pay, has ok benefits, flexible work schedule, co workers are awesome

      Cons

      made goals higher and lowered bonuses, used to care about employees, now its all about the way they look to the public and shareholders, but guess they forget most employees are shareholders, increased workload but haven't done anything to compensate employees, managers drop the ball on communicating changes to employees

      3.0
      Jan 11, 2014

      A stepping stone for a younger professional, but finite amounts of opportunities within the company.

      Registered client associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      It should be noted that this position and the experience working with Wells Fargo Advisors is entirely dependent on the Advisor(s) you work for. My experience was working with a Top 100 producer nationally, in a small team environment. This is the best case scenario for the position. The other option would be to work for multiple advisors, which I didn't have experience with, but seemed far less enjoyable/engaging. In general, I found the position to be a good opportunity to understand retail investment management from an operations stand point and build good communication skills. This job, like any other, gives only as much as your are willing to invest yourself. - Small team environment allows for experience working with many other tasks outside of a role that is traditionally administrative/sales support. - I was able to build and maintain meaningful relationships with an affluent ($1-$5mm) client base and understand how to provide this segment of the retail market meaningful service. - Daily contact with clients helps to build a foundation of "soft" skills. i.e. Professional communication in-person/over the phone/email, pro-active problem solving, confidently cold-calling (which isn't initially fun, nor is it for everyone, but its highly valuable.) - Some days can be long, but for 90% of the time work stays at work

      Cons

      As mentioned before, your own experience depends greatly on the advisor you work for. Advisors for the most part have large egos and can be difficult to deal with. Pay from the branch is moderate at best. The only way to get substantial upside it to negotiate profit sharing agreements with the Advisor. Compliance is often rigid and at times seems like their job is to stop you from doing yours. There isn't too much of a career path as a Registered Client Associate. Either you stay in your current role, getting 2% pay raises annually or you try to become an advisor yourself or partner with your current advisor Some clients can be a pain, but again, it depends entirely on the book of business. This is a non-exempt position and their is plenty of time I worked 50-60 hours weeks and was only paid for 40. This was not mandatory but in on my team there was an expectation of executing regardless of hours needed.

      Viewing 451 - 453 of 54,432 Reviews
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