User Panel
User Panel
User Panel
|
Posted: 3/28/2012 8:19:43 AM EDT
[#1]
Quoted: I have a buddy who is a district manager at Wells Fargo, and he knows I want to leave my current place of employment. He says he can get me hooked up with a Private Banker position, but I'm not too sure about this. Sounds like a sales intensive job to me... Anyone have any experience with this? I work for Wells Fargo. And it is extremely sales intensive, If you cant sell, or don't sell, you will be gone. It does help to be friends with the DM, but that will only take you so far; there is ALOT of pressure coming down from the top and it WILL land on YOU, especially if you are a banker. |
|
|
|
Posted: 3/28/2012 8:20:33 AM EDT
[#2]
Quoted: Quoted: I have a buddy who is a district manager at Wells Fargo, and he knows I want to leave my current place of employment. He says he can get me hooked up with a Private Banker position, but I'm not too sure about this. Sounds like a sales intensive job to me... Anyone have any experience with this? I work for Wells Fargo. And it is extremely sales intensive, If you cant sell, or don't sell, you will be gone. It does help to be friends with the DM, but that will only take you so far; there is ALOT of pressure coming down from the top and it WILL land on YOU, especially if you are a banker. What do you do there? |
|
|
|
Posted: 3/28/2012 8:21:38 AM EDT
[#3]
Personal Banker.
Not my career choice, but it pays the bills right now and will hold me over and give me experience until I graduate college. |
|
|
|
Posted: 3/28/2012 8:22:40 AM EDT
[#4]
Quoted: Personal Banker That's not the same as Private Banker, right? I wouldn't mind being at WF, but I would prefer back of the house. |
|
|
|
Posted: 3/28/2012 8:26:01 AM EDT
[#5]
Quoted: Just about, except private bankers deal with customers with ALOT of money and assets with the bank, on a much more private and personal level.Quoted: Personal Banker That's not the same as Private Banker, right? I wouldn't mind being at WF, but I would prefer back of the house. |
|
|
|
Posted: 3/28/2012 6:39:21 PM EDT
[#6]
Quoted: Quoted: Just about, except private bankers deal with customers with ALOT of money and assets with the bank, on a much more private and personal level.Quoted: Personal Banker That's not the same as Private Banker, right? I wouldn't mind being at WF, but I would prefer back of the house. Do they actually manage their money or just sign them up for checking accounts and credit cards? |
|
|
|
Posted: 3/28/2012 6:49:44 PM EDT
[#7]
Personal bankers are the non-teller branch staff that can open and close accounts. As indicated, they have quotas to maintain. Private bankers jobs are to manage/maintain large depositors or large/profitable loan customers. Both are sales positions, but you are MUCH more of the customers bitch as a private banker. However, I suspect that this is offset by a different quota setup. You will be giving product and feature advice, but without credentials, you will NOT be giving financial advice. |
|
|
|
Posted: 3/28/2012 6:51:11 PM EDT
[#8]
Quoted: Personal bankers are the non-teller branch staff that can open and close accounts. As indicated, they have quotas to maintain. Private bankers jobs are to manage/maintain large depositors or large/profitable loan customers. Both are sales positions, but you are MUCH more of the customers bitch as a private banker. However, I suspect that this is offset by a different quota setup. You will be giving product and feature advice, but without credentials, you will NOT be giving financial advice. Well, you have to pass your FINRA exams to have the job. You need your 7, 65, and (i think) 66 |
|
|
|
Posted: 3/28/2012 6:53:02 PM EDT
[#9]
In my experience, Wells Fargo is very similar experience to visitng a used car lot. I closed all my accounts last year and found a new local bank. Looking back, I hung around Wells Fargo far too long.
|
|
|
|
Posted: 3/28/2012 6:54:05 PM EDT
[#10]
Quoted: In my experience, Wells Fargo is very similar experience to visitng a used car lot. I closed all my accounts last year and found a new local bank. Looking back, I hung around Wells Fargo far too long. I bank at Chase. |
|
|
|
Posted: 3/28/2012 6:54:07 PM EDT
[#11]
Quoted: Quoted: Personal bankers are the non-teller branch staff that can open and close accounts. As indicated, they have quotas to maintain. Private bankers jobs are to manage/maintain large depositors or large/profitable loan customers. Both are sales positions, but you are MUCH more of the customers bitch as a private banker. However, I suspect that this is offset by a different quota setup. You will be giving product and feature advice, but without credentials, you will NOT be giving financial advice. Well, you have to pass your FINRA exams to have the job. You need your 7, 65, and (i think) 66 Sounds like you'll be giving it... From what I understand, your primary goal will be to prevent the big fish from being poached. |
|
|
|
Posted: 3/28/2012 6:55:36 PM EDT
[#12]
Quoted: Quoted: Quoted: Personal bankers are the non-teller branch staff that can open and close accounts. As indicated, they have quotas to maintain. Private bankers jobs are to manage/maintain large depositors or large/profitable loan customers. Both are sales positions, but you are MUCH more of the customers bitch as a private banker. However, I suspect that this is offset by a different quota setup. You will be giving product and feature advice, but without credentials, you will NOT be giving financial advice. Well, you have to pass your FINRA exams to have the job. You need your 7, 65, and (i think) 66 Sounds like you'll be giving it... From what I understand, your primary goal will be to prevent the big fish from being poached. Were you the member here who managed a Wells Fargo? |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
