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First Republic (CA) Reviews

Updated 21 April 2015
105 reviews filtered by
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3.3
105 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
First Republic (CA) Chairman and CEO James H. Herbert II
James H. Herbert II
70 Ratings

Pros
  • Co-workers are extremely competent and focused on customer service both internal and external (in 6 reviews)

  • The bank is full of good people, and the subsidized cafe is a nice thing to have (in 6 reviews)

Cons
  • No work life balance, it is almost frowned upon if you only work an 8 hour day (in 5 reviews)

  • Budget cuts interfere with department goals while upper management continues to pressure for results (in 7 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Helpful (4)

    Never a Dull Moment: High Growth, Fast Paced, Meritocracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA (US)
    Current Employee - Anonymous Employee in San Francisco, CA (US)

    I have been working at First Republic (CA) full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The people. I am fortunate to work with some truly amazing people who are incredibly smart and experienced and who have high standards for themselves, work hard, enjoy what they do and know how to have fun. I get to work with people who have a passion for service, enjoy doing the right thing and have a desire to help others.

    The culture. There is a shared belief in the importance in and value of collaboration, the team, responsibility, trust, empowerment and accountability.

    The pace. One of our values is quite literally reflective of how we operate: move fast, move forward. This creates a work day filled with a lot of activity and I enjoy being busy, having a lot to do and working in a fast paced environment.

    Cons

    If you are looking for a job or a company that is focused on a 9 to 5 work day, this is not the place for you.

    Advice to Management

    Continue to maintain an ‘open-door’ policy.
    Further the efforts to visit other offices outside of SF.
    Promote the importance of the continued maintenance of the unique and collaborative service culture that is First Republic.

  2. Director, Private wealth management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Boston, MA (US)
    Current Employee - Director in Boston, MA (US)

    I have been working at First Republic (CA) full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Client centered company who truly understand what clients need and how to follow through with results. All divisions are integrated and cross selling of businesses is a natural process. Overall, vast majority of the employees create and maintain a great culture in which to generate and grow business!

    Cons

    Somewhat limited support in terms of client service. Feeling of being stretched too thin, but what Companies employees don't feel this way?

    Advice to Management

    Actively engage with non-producers who are on the front lines and who are dealing with clients. Put more emphasis on increasing resources in growing regions. This will directly result in even more growth of the specific region - do not box all divisions together. Some specific areas within the firm require more resources to service clients. A Wealth management client with $1million in assets, for example, requires different attention and resources than a client with $1mil in a bank checking account

  3. Helpful (2)

    Great company to work for who truly believes in corporate values and culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA (US)
    Current Employee - Anonymous Employee in San Francisco, CA (US)

    I have been working at First Republic (CA) full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fast paced and energetic; opportunities for career growth if you seek it; thoughtful and caring co-workers; executive management shares their vision and makes employees feel included; compensation is competitive and fair.

    Cons

    Need to maintain your trading accounts with them even though retail brokerage not their space.
    Nepotism at certain executive levels
    Infrastructure of technology and operations behind which leads to many inefficiencies
    Overall, great company culture but certain staff allowed to treat others badly with no repurcussions

    Advice to Management

    Continue to share your vision with your employees on the direction of the company. Invest in technology and operations to maintain growth. Enforce your company culture throughout and ensure that certain employees not exempt from it.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Fast paced, great place to work, amazing people. We love our clients.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Republic (CA)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people, smart and dedicated.
    Strong Management team that lives the culture.
    Leadership has a vision for the bank and holds to the vision.

    Cons

    Long hours, love to throw people at problems.
    The pace can't be maintained.

    Advice to Management

    Slow down, address problems for the long term, not the short term.

  6. Helpful (2)

    Great Bank for employees and clients

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Internal Audit Senior in San Francisco, CA (US)
    Current Employee - Internal Audit Senior in San Francisco, CA (US)

    I have been working at First Republic (CA) full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Work life balance is generally good (depends on department)
    - Salary is good, raises are ok, end of year bonuses are great (from what I've heard)
    - Work environment is friendly and building is nice...not a big sea of cubicles
    - Accommodate training opportunities
    - Great leadership...Bank strategy is simple to understand and maintain unlike "big banks"
    - Bank is growing and has room for more growth
    - Eagle Cafe is subsidized food; few other perks ($65 cell reimbursement)

    Cons

    - Financial Industry comes with high-scrutiny from regulators, which can mean putting out last minute fire drills
    - Have to hold all discretionary trading accounts with the Bank and their fees are high for the average person who likes to do some moderate trading.

    Advice to Management

    - Continue to focus on quality of life for employees (add perks like wellness plans, higher salary raises...even though bonuses are great)
    - Focus on data infrastructure to support growth of bank

  7. Helpful (3)

    no room to grow, horrible management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Republic (CA)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    subsidized cafeteria food. That's about it.

    Cons

    inexperienced, poor management. disgruntled workers. too much politics in the office. Non-progressive environment.
    solution to every problem either takes too long or never is seen through. No gratitude for employees' work. Bottlenecking middle management. Absolutely no career building, just lateral movement. hypocritical culture.

    Advice to Management

    invest in your employees as much as you do in your clients. you should enforce your open door policy. practice transparency.

  8. Great company positioned for strong growth

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Republic (CA)

    Pros

    no micro-managing
    growing company
    potential for career growth

    Cons

    low pay for industry
    with growth comes changed and cutbacks

  9. Helpful (2)

    Okay for a growing bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Republic (CA)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Employee cafeteria, decent benefits, nice SF location, most associates very nice

    Cons

    No shared strategic vision, double and triple work inefficiencies, management frustration, bottlenecking middle management, IT and roadmap issues

    Advice to Management

    Use an enterprise change methodology once you've figured out your overall strategy.

  10. Helpful (1)

    Stable environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Republic (CA) full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great culture, excellent C level management.

    Cons

    Very limited growth opportunities for growth. Middle management is stagnant.

    Advice to Management

    Nurture growth, provide more opportunities to grow within the company.

  11. Helpful (4)

    This is the weirdest job ever

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Republic (CA)

    Pros

    Good pay. They pay you well.

    Cons

    Everything else was horrible. Management, people, system, computer, guideline (there is no guideline actually)...

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