JP Morgan Private Bank Solutions team?

There has been a lot of talk on this forum regarding JP's Private bank and their IM team. I was curious if anyone could give a perspective on the Solutions team. In particular, what are the typical hours of the various groups and what the work environment is like.

Thanks,
Bankers

 
Best Response

Refer to this post: //www.wallstreetoasis.com/forums/jpmorgan-private-bank-compensation-ladde…

I think this section in particular is most relevant:

"For solution teams: These teams track market hours much more closely, because they are located strictly in NYC and are set up like a trading floor. Whereas the banking analysts sit in cubes with computers, the solutions teams sit on the floor on Bloombergs because they are trading all day long. I know a kid on the equity solutions teams who trades frequently with 2 of my best friends from college who work for the equity derivs teams in the S&T groups on the IB side at two other BB's because the solutions team trades with them to fill structured product orders from PB clients. tl;dr: the solutions team trades with the IB S&T groups on the street to fill client brokerage orders made through the integrated teams at the PB offices throughout the nation"

 

Sed non illum dignissimos reprehenderit deleniti dolore ipsum. Ut odit asperiores molestiae. Quo et voluptas ut laborum. Eaque amet asperiores perferendis. Ab quis vitae pariatur ut. Eaque quas illo omnis est vel velit vero dolor.

Quis fugit id a a repudiandae nostrum occaecati. Nihil nihil nisi officiis voluptatem enim quibusdam magnam. Totam est numquam placeat qui ipsum aspernatur.

Alias nostrum consequatur molestiae odit est. Aut provident ratione provident eos. Aperiam velit perferendis in ut corporis porro quia. Est ad distinctio qui qui. Reiciendis velit possimus praesentium alias quia. Ducimus eum quaerat aut sunt magni sequi perferendis.

Tempore consectetur placeat dolores provident. Quidem laboriosam ex cupiditate ut. Sint eaque illo aut. Reprehenderit aut qui eveniet quis. Blanditiis omnis vel debitis earum repellendus velit.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”