MS pwm or no name boutique ibd?
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(Senior Monkey, 69
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on 10/13/10 at 12:40pm
Which has better exit ops?
Morgan Stanley pwm fulltime or
boutique ibd but has no name and its about 10 people





Probably depends on what you
Probably depends on what you are looking to do. If you are looking to transition into BB IB, or PE (which would be difficult from a boutique IB shop) then the IB is the way to go. You will get better hands-on training and my experience is that in a small shop you will have a lot more responsibility than at a larger place.
That being said, PWM will give you a solid name on the resume and will probably be a better lifestyle but transitioning into IB or PE from there would be tough. Nothing wrong with doing PWM for a living though... less money but a far more enjoyable lifestyle. If you are the only analyst at a boutique IB you could get seriously crushed a lot of the time.
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Boutique IBD. If the MS thing
Boutique IBD. If the MS thing is actually PWM and not wealth management, then maybe depending on MS's structure, you could hop over to banking after two years, otherwise the boutique is better. You could go back to b school after two years or go to a MM PE shop, or you could lateral to a MM or BB in a few years.
fdba Emory Blaine and BBA or otherwise trying to find the perfect pseudonym.
Your experience at the
Your experience at the Boutique will set you apart far more than a PWM style..rather it be for bschool, or any other career
boutique IB will not get you
boutique IB will not get you into PE in general (yes there are exceptions but they are VERY few and far between) even if you get decent deal exposure, but will help you jump to banking later on at a brand name firm more than MS Wealth management
this is assuming unknown
this is assuming unknown boutique IBs, obviously leaving out top boutiques, well known MMs etc