Private Wealth is going downhill fast, clients and staff fleeing - Private Client Advisor U.S. Bank Employee Review

1.0
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

Peers are nice people Benefits and PTO are good Free coffee

Cons

Private Wealth is losing money - go to affluent for better management and comp All other divisions have been burned by PWM local leadership (current and prior) so the referral pipeline dried up and goals are increasing The best staff and clients keep leaving Outdated systems failing + refusal to pay to upgrade = constant data loss Clients login and their accounts are missing, but you are expected to sell services to clients with constant service failures Everyone is overworked. Every team is understaffed It takes months to get approvals Low pay, below other banks but high sales pressure We are all told we are overpaid because salaries were lowered and can never have raises again as long as we stay No work life balance Everyone is stressed and miserable- morale in the toilet Jobs sit unfilled for a year. Then they hire people with zero experience and throw them in the deep end/ set them up to fail and then lay them off Clients suffer from the lack of staff with needed expertise

Explore other reviews about U.S. Bank

5.0
May 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Laid back production work in an office setting. Great management.

Cons

Steep learning curve for the machines. Can be frustrating as machinery only works for about a minute before you have to make adjustments.

2.0
May 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Schedule, job was interesting, paid on time

Cons

For months I went to work crying because of constant targeting, intimidation, and discrimination from management. I wasn’t the only one — there were many HR complaints from multiple employees, and everyone knew what was happening, yet nothing changed. People were pushed out, retaliated against, and eventually fired over excuses that never reflected the reality of what was happening behind the scenes. The stress affected my mental health deeply and left me dealing with PTSD symptoms from the experience. The hardest part was realizing that speaking up didn’t protect us. But the moment I was let go, I felt relief. That alone says everything about how toxic the environment had become. No job should destroy someone’s peace, dignity, or mental health. If you are going through workplace bullying or discrimination, document everything and don’t ignore what your body and mind are telling you.

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