Do you guys usually get 2 phones?

I was wondering do IB analysts usually get 2 phones? One work for and one for personal life? My firm is asking me if I want a new phone and number for work or just use my current one and they upgrade it for me, and I would like to post here and see what's the norm in the industry is? For analysts that is.

Thanks guys.

 

I have a work phone and a personal phone, I also work in consulting but I'm sure a lot of the security measures are similar.

The work phone has tons of security software installed on it and my employer can access any part of the iPhone at any time they want.

If I wanted to use my personal phone as a work phone I would have to install all the software then sign some sort of paper that allows my employer to seize my phone if they decide it, which is bullshit. Not sure if this is how it is at your employer but I would never do this as they're able to monitor everything we do on our phones.

We were also told that if we used our personal phones as our work phones we wouldn't be able to trade stocks from our phones as we were somehow using their security/encryption software and that my equities could then belong to them. Not sure if that's true but it's the most absurd thing I've ever read.

The only thing I use my work phone for is data/GPS when I'm traveling internationally or when my personal phone is almost dead after a long day of being on the road, all of my managers/co-workers reach me through my personal phone.

 
AllDay_028:
(Keyboard for emails>>>touchscreen)

Am I the only one who has never had a problem typing for speed and accuracy on an iPhone? What is this keyboard nonsense? It's not the early 00's.

Commercial Real Estate Developer
 

I think I will get a blackberry, is the passport the best in blackberries?

I don't know if that one is gonna be too big and thus draw attention/be inappropriate.

Guys, do you have any recommendations on which blackberry to buy?

Thanks!

 

If you're going to get a blackberry, just get the current version of the "Classic". I've seen the Passport before and frankly I can't stand it - awkward shape that reminds me of a piece of wonder bread.

If you're not crazy about that one I'd consider just getting a (second) iPhone. I had a blackberry as my work phone during my analyst program but now have an iPhone as a work phone (had choice between iPhone and Galaxy). There is certainly an oldschool charm to the Bberry that some analysts are drawn to, but practicality-wise having a second iPhone is great. Really comes in handy when I'm out and my personal phone is low on battery or something - I can just use my work phone for apps like Spotify, Uber, Postmates, etc.

 

Having 2 phones is super annoying, so I'd recommend going with one. If they give you the option just update to whatever phone you fancy. I thought BYOD was the standard nowadays anyway?

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

When joining my firm I kept my private iPhone and got another one from my employer; while it is true that the tradeoff of carrying two phones vs. having your private conversation / data usage monitored / risk to lose everything when leaving the firm is the obvious one, my main reason for the decision was the peace of mind associated with exactly knowing which phone is ringing for which purpose. I would hate to immediately assume my boss is chasing me when the phone vibrates, even though it is actually just a buddy that wants to grab a beer. Plus you can actually leave the work phone at home / the office when e.g. going to the gym which really helps me to switch off. imho thats definitely worth the additional 200 gram in my pocket.

 

My firm is in the process of eliminating BBs. New hires must use their own phone, but everyone up to a certain vintage still has a BB and when it breaks, you must revert to your personal phone, which I am dreading the day of. That said - now that I am in more of a reviewing role / not in excel nearly as much - the iPad has been an incredibly useful tool, and getting one with a keyboard case is also great for emails.

 

I was wondering about this for a while and asked IT after. It really depends on the place, a BB will even go as far as to record your calls. With smaller places it is more lenient, many smaller places are not allowed to access your private emails, messages and so on

 

I'd side with 2 if you can for the following reasons:

1) Leave the office, flip your phone upside at home and forget about it 2) Data privacy if you care 3) Can double as a second phone, because hey it's still a phone. Particularly useful if you have a piece of shit personal phone like I do if you don't want to upgrade, and now by proxy you don't really have to

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Sounds like I'm in the minority here, but honestly having two phones was a pain for me. I just like having the convenience of having everything on one phone. I never brought the work phone with me except on my commute to work, which really defeated the purpose of having a work phone. Plus, I can now expense my phone bill.

That being said, I'm using the GOOD app on my phone to get work emails, but this is primarily my phone. My employer can wipe my phone remotely if I lose it, see what apps I have installed, and can demand that I have a password on it, but that's about it. I'm comfortable with that, though I can understand being uncomfortable with that. That being said, if they're going to buy you a phone, I wouldn't use it for personal use. You never know what kind of keylogging software or whatnot they might have installed.

"There's nothing you can do if you're too scared to try." - Nickel Creek
 

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