First Republic Bank Reviews

Updated 25 Jan 2021

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4.0
70%
Recommend to a Friend
97%
Approve of CEO
First Republic Bank Chairman and CEO James H. Herbert II
James H. Herbert II
257 Ratings
Pros
Cons
  • "work/life balance, silos between teams(in 32 reviews)

  • "At this i cant find any issues with FRB(in 15 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review
    Helpful (1)

    "Best Culture of Any Large Bank in America"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time for more than 3 years

    Pros

    For such a large bank, everyone is treated extremely well with great benefits. You get to know executive leadership regardless of your role at the bank.

    Cons

    The bank is growing so fast, it can be hard to keep up and maintain a work/life balance.

    Continue reading
  2. Helpful (7)

    "Bank that promotes hopeless work culture"

    1.0
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Disapproves of CEO

    I worked at First Republic Bank full-time for more than a year

    Pros

    1. Cafe is good and offers cheap meals

    Cons

    1. There is a tendacy to promote directors and managers who are completely incompetent and discourage other employees from growing. 2. The management is shameless when it comes to showing favoritism to their favorite employees and this select group of favorites is allowed to say demeaning things to other employees. 3. Managers are known to engage in unethical banking practices under the pretense of “helping” wealthy clients and fulfilling their demands. 4. Sadly, many good hardworking people are leaving this bank because of severely poor management skills of the upper management. 5. Directors and managers engage in spreading gossip across the office and creating highly toxic work environment. The management also restricted overtime pay of the employees which caused some people to work for less pay than they deserved. However, later the management profusely denied making people work for no pay.

    Continue reading

  3. "Best company ever"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time for more than 10 years

    Pros

    The people, culture, and benefits. First Republic truly cares about their employees

    Cons

    None that I can think of. I love working for First Republic

    Continue reading
  4. "Great culture, smart people, leaders care"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Assistant in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time for more than 3 years

    Pros

    The culture is fantastic and while there is plenty of work to do they emphasize that having fun is also important.

    Cons

    Sometimes there is so much going on it can be stressful, but I think that's just work in general!

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  5. "Great place to work!"

    5.0
    Former Employee - Loan Administrator in San Francisco, CA

    I worked at First Republic Bank full-time

    Pros

    People are very friendly and the benefits are wonderful. (ie. student loan repayment, bonuses, 401k matching)

    Cons

    Not much upward movement. Pay can be relatively low depending on certain departments. Too long of hours and feeling overworked.

  6. "Great only when collaborating with the right people."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Compliance Manager in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Republic Bank full-time for more than 5 years

    Pros

    Benefits, WFH, Student Loan Repayment, Anniversary Gifts, Leave

    Cons

    Management mentality, Traditional institution flaws, antiquated technology, Promotion based on who you know, not how well you perform.

  7. "Sweet benefits"

    5.0
    Current Employee - Quality Control in San Francisco, CA

    I have been working at First Republic Bank full-time for more than 3 years

    Pros

    Benefits similar to a tech company. Very progressive for a bank.

    Cons

    Not a transparent org chart so you don't know who manages who under what dept

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  8. Helpful (1)

    "Fun culture, they really take care of their employees"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Assistant in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time

    Pros

    remote work competitive benefits and unique perks fulfilling and gratifying

    Cons

    intense and time consuming interview process they're pretty determined to reopen offices as soon as possible

  9. "good position"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Manager in Colombo
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at First Republic Bank full-time

    Pros

    fast recruitment process and advanced HR system

    Cons

    Non availability of learning and growth oppportunities

    Continue reading
  10. "Very people oriented, culture driven organization"

    4.0
    Former Employee - Marketing Manager in San Francisco, CA

    I worked at First Republic Bank full-time

    Pros

    Organization great to its employees in terms of employee benefits and treatment by upper management.

    Cons

    Some divisions have limited growth opportunities

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