Associate Wealth Director - Anonymous employee BNY Employee Review

2.0
Nov 8, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stable income, great benefits. 401k vests 100% immediately and they have the Roth and After-Tax option.

Cons

Culture of the organization is terrible. They use the term "Diversity and inclusion" but don't really embrace it. They want diverse candidates to assimilate to other norms that aren't in alignment with embracing other cultural norms and determining a way for us to all be successful. Many people have resigned and positions have been eliminated. Company is going through a massive organizational change from top to bottom. The wealth management arm is not that great. The business accounts for less than 5% of the revenue and most of the workers there just get paid to play office. Good place to work if you want to sit around and fake like you are working. Not good if you want to make some impact with your work there.

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5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, Great people, laid back environment, and great managers.

Cons

Pay could be better honestly.

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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