BOK Financial reviews

Working at BOK was one of the most disheartening experiences I have had in my career. BOK might be Dr. Laurence Peter's most perfect example of of the Peter Principle - each inept manager in Wealth has been promoted to the level of utter incompetence and in this role they thrive. Incompetence is allowed to thrive without check (unless a regulator catches it) and ends up creating headache and clean up for mid-level employees after the fact. Frat bro managers must have been too hungover to attend basic business classes theorizing on the concept of hard vs. soft dollar. Management in wealth removed resources, constantly rolled out incomplete projects (Black Diamond) and then bestowed time-intensive clean ups to those responsible for handling the day-to-day client facing roles. Decisions made disregard the input of the employees doing the work and it comes at a cost: that of the client. The costs are then coupled with pour service. I believe the "Private" Wealth recipe for success coming from Tulsa is 'Increased Cost + Decrease in Service = Satisfied Wealth Relationship'. As the largest shareholder continues to exit, the only way to keep the stock price up will be to continue to cut cost. However, without organic growth (and the talent to insight said growth) the company will remain as it always has - a mildly profitable, lower tier bank that will never truly "compete with Goldman" (a capability touted by the Chief Investment Strategist) but only other regional banks.

There’s a lot of talk and no action. This is a veryyyy cheap company so be warned. When leadership was asked in an employee town hall about salary adjustments for this crazy inflation we are dealing with, HR responded that they don’t reduce salaries for deflation so they won’t increase for inflation….. Employees are vastly underpaid now even more so in this market, and you won’t actually get the full 6% employer match on your 401k if they match at all. Keep documentation for everything yourself, do not rely on HR as they are part of the political problem and not truly there to take care of employees. They care more about the bottom line as does leadership. You can get a great title here without the pay, just know if you are younger than 40 you will be talked down to especially if you’re a minority or female. Everything I was told I would benefit from or was promised before I started here did not match up to what was actually took place. Very disappointing and shocked with the dishonesty and lack of effort to take care of employees, they couldn’t care less about the employees wellbeing, it’s all about the bottom line/making more money