thoughts on PIMCO?
- What is their reputation like in the street?
- What is the exit opp like if one decides to pursue ibanking? would it be helpful at all coming from the buy side? or is it irrelevant?
Trending Content
| +159 | The "Not So Obvious" things that get you a return offer? | 18 | 4h | |
| +85 | Is my life over after not getting GS? | 19 | 1h | |
| +61 | Best IB group on the Street | 24 | 1h | |
| +52 | BIG FOUR ARE PARADISE | 13 | 9h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 24 | 3s | |
| +40 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 20 | 18h | |
| +36 | UBS Outlook | 28 | 21h | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d | |
| +30 | How to deal with egotistical team? | 6 | 2d |
Career Resources
pimco is a very legit buyside/money management firm. Most people enter banking for the exit opps into the buyside, not sure why one would want to do the reverse route.
I'm sure it is possible to switch over to banking, although that would depend on the role you had in pimco. If it was as a buy side analyst, trader, something like that, im sure the transition would not be too hard. If it was more of a back office, operations role, it would be more difficult
are you serious? pimco is one of the absolute biggest names in fixed income. if you work there you don't want to go to ibanking.
for monetary reward.
for monetary reward what?
It seems like there is a lot more money in banking. Am I mistaken?
of course not.. pimco is one of the top exit opp for ib guys, I've seen to much
yes. and there's a lot of money in trading, and on the buy side, and in law, and in....
what's your point? you can make plenty at pimco. if you're good you can make a helluva a lot more than you would at a bank.
Except for law. There's not a lot of money in law.
You know how many of us are always talking about how all you guys obsessed with IB need to wake up and realize there are positions out there that blow away IB at Goldman? Well, PIMCO is one of them. PIMCO is significantly harder to land a gig at than Goldman. Period. I went to 1 of the 2 MBA programs PIMCO recruits at, and landing a position there is considered far more prestigious than any banking job.
PIMCO has clout. It literally has senior bankers doing backflips for morsels, like most big buy-side shops. PIMCO gets whatever it wants because it has money. Also, asset manager name is more significant in distribution than bank name.
If you're interested in California, TCW is another good FI shop.
thanks for the inputs!
Bill Gross is the man, he talks and everyone listens.
he talks and you know what positions he's in and trying to get out of.
PIMCO's reputation is second to none. They told me last year they had 8 SA (6 in OC and 2 in NY), and they are around 900 employees total. I had a phone interview with HR, and unfortunately for me, their next step in recruiting process runs a little later that most BB (they begin round 2 at the end of January). I had an offer from GS at the beginning of Jan so I never got to go back for round two. Its a great company and offers a great opportunity for someone to work in a "smaller" organization....and besides Bill Gross is really "the man"!
Why didn’t you keep recruiting after getting the Goldman offer? If PIMCO came back to you with a yes, you just renege on the Goldman offer and accept PIMCO.
you could've kept interviewing if you'd really wanted to work there.
Any difference between OC and NY office? I know that OC is their HQ...
Tollerable weather, nicer girls, less expensive..
jk, you've hit the nail on the head. The VAST majority of their busienss is in OC.
I'm from a non-core grad school, and I just kinda got lucky and got my resume in front of the right people at both places. I didn't feel like I was in a position to ask GS to wait a month. I loved all the people at GS and could see my self working there for a long time. The recruiting schedule is something that PIMCO probably should address if they want top talent...then again if you only need 8 it makes it a lot easier...bottom line though...if you get an offer from PIMCO you are an idiot if you don't take it!
Interesting...is PIMCO really harder than GS?
I like PIMCO. I like Bill Gross. A lot of cache on a resume to have PIMPCO on it.
Even my grouchiest traders help me out when Pimco is asking...quite funny to see actually
yeah basically bill gross is unrivaled in the world of bonds. grats dude
what do you mean by 'harder than gs'? harder to get a job at? absolutely.
I knew that PIMCO has a good name, but still surprised to see the reaction on people. Harder to get a job than GS? Damn..I've heard too many GS horror stories...although PIMCO interviews are probably one of the most intense interviews as well...
Every year at Wharton and HBS between 30 and 40 people go to Goldman. One or two go to PIMCO. It's not even close. And Goldman recruits at others schools, as well, while PIMCO does not. My last year of b-school I interviewed with PIMCO. They said they were planning to hire about 10 people that year worldwide. 1 portfolio manager and 8-9 account managers. Goldman hired at least 100 between banking and S&T.
"Goldman hired at least 100 between banking and S&T."
i'm sure many more than that globablly. i second you skins, it's not even close.
What does an account manager at PIMCO do? It doesn't sound very prestigious.
Jimbo, are you trading for a bank or a hedge fund?
Account manager equals to sales. Usually, institutional account managers cover financial institutions like pension funds or insurance companies.
At a bank. what do you do jjc?
in any case, I thought PIMCO's people were all hired from extremely well-established backgrounds. what kind of job would a wharton or hbs grad be doing anyway? (i don't suppose they would hire undergrad would they? :D)
Good call Jimbo. Goldman hired around 100 just from the top 5 or so US b-schools. Worldwide probably around 200-300. I'd have to look back at my notes from recruiting, but at PIMCO the two main positions are portfolio manager and account manager. And both are far more prestigious than M&A at Goldman. Go to the website for a good overview, but the AM runs all client relationships, while the PM actually, well, manages the portfolio. PIMCO requires all AMs to get their CFA, as well, after finishing their MBA. In order to work there in either role not only do your quant skills have to be top notch, but you have to have a very serious understanding of macroeconomics. And I mean everything in macroeconomics. I learned more in a 30-min first round interview with them than I did in probably 4 or 5 macro class sessions. Those guys are a league above your average banker or trader.
let's just say you are very careful making a price for pimco....
I work in an automated trading group at a medium-sized hedge fund in Chicago. I will be applying to top MBA programs next year.
good luck with that.
i'm guessing you trade equities.
Good guess. We used to trade fixed income but now we're trying some strategies with stocks. Are you in NYC? What products do you trade?
rates.
I think they do hire undergrads for FT, wrong?
By the way, I guess if you intern at an Ibank, you'd do all the typical stuff--building models, etc. What would you do as an intern (associate, analyst, etc) at a buyside firm like PIMCO?
you know pimco trades bonds right? it's not like ibanking. you're not building lbo models at a place like pimco (you might be looking at models on lbo risk, do you know why this is the case?)
seriously though, there's almost no chance you're going to get an internship at pimco, so it's idle speculation.
only guy I knew that worked at Pimco had connections. He's not even working in finance anymore (I think he switched to computer science)
Jimbo, I think you are wrong
Its the little engine that could!
In all seriousness, good for you that you are confident. But at the same point, your time can probably be better spent than on speculation about a company that hires such a small pool, unless you already have an interview lined up.
you think i'm wrong about what? how's your bond math? can you calculate dv01? what happens to spreads on an lbo scare? any idea what type of basis you get hedging swaps with futures? or what parts of the vol surface will move when a big structured deal prints?
you may be a good equity trader, i have no idea. but if you want to get a job at pimco, you're gonna have to demonstrate a helluva lot more knowledge about the bond market than you have in this thread.
I like how the tone of this thread went from enthusiastic encouragement ("You have an offer there? You'll do just fine!") to downright annoyance ("You have no idea what you're talking about, and you will never get a job at pimco").
friday morning on 4 hours sleep makes me irritable
I thought you were in trading or something. 4 hours of sleep?
Thursday night is the night that he balls
ha, no i left work at 6 yday like every other day...this was night out related
Guys, PIMCO is a mutual fund. Very few people there will make millions/yr. It is no more prestigious than Vanguard or Fidelity, and its returns are nowhere near the level of a lot of other investment managers, for instance CalPERS or CalSTRS.
And as for the guy who said "PIMCO is significantly hader to land a gig at than Goldman," the rationale that it is harder to get a position there solely because it hires a couple of people from wharton is pretty skewed. It's like saying that an ops position is more difficult to obtain because they hire less wharton kids than IBD happens to. You must also take into account how many wharton kids are actually gunning to trade bonds all day for a subsidiary of an German insurance company, which I would venture to say is not many. Speaking of having macroeconomic knowledge, how about taking into consideration the labor supply curve when comparing GS IBD and PIMCO? I guarantee you the current quantity of labor supplied at PIMCO won't come close to the 100,000+ applications that Goldman sees for its investment banking analyst positions.
Seriously, this shit is as vanilla as investment management comes. The b-school kids who go there are the ones who either didn't get into any HFs or wanted a more stable, less stressful work environment.
Totally wrong. PIMCO and Blackrock significantly dominates Vanguard and Fidelity, as you can tell from their staffs and difficulty of landing a gig. Besides, lot of people at PIMCO make tons of money, you do have no idea on the real world.
prescott, what do you do?
High School student.
how's that going for you?
Haha, good one. I was an average kid from a target school and had interviews with both Goldman and Pimco. The Goldman IBD interview was much easier. Standard issue walk me through your resume, a couple quant questions, talk to me about a couple stocks you like, etc.
The Pimco interview, on the other hand... wow. Unreal. Had no idea what I was getting myself into, and the guy was a total pr*ck. The only interview I ever had where I knew I wasn't going back for a 2nd round.
BTW I wouldn't call Pimco just another mutual fund. The amount of return they generate for bond funds is just about tops of the industry. I hope whoever was comparing their returns to Vanguard or Fidelity wasn't looking at Equity funds....
Not too bad. Looking to head to the buyside (PE/HF, not mutual funds) pretty soon, though - better hours and better pay.
Perhaps I could leverage my triple threat APChem/APBio/APEnvSci exp. to get a position with KKR after the TXU buyout. Thoughts?
yeah, probably pay better than your paper route. i like the triple threat. hell you if you've done apcalc bc you could probably trade rates with a few hours of training.
Sweet tits. Did BC Calc junior year, was taking math classes at Stanford senior year - I'm quant as shit, yo.
give that man a phd
A hi-five will suffice.
Jimbo, you are being sarcastic, right? you all are making me laugh very hard.
As far as my comment on the difficulty of obtaining the job, I stand by my claim. Like I mentioned, I went to one of the 2 schools that PIMCO recruits at, and can tell you from my personal experience with my classmates that PIMCO is looked upon more highly than a typical job at GS (commodities prop trader no, standard IB or S&T, yes). And for that matter, Fidelity was more sought after than GS, as well.
What's the typical 1st-yr comp? And what's the final verdict on Pimco's prestige, maybe in comparison to BlackRock or GS? The BigHomie
What the heck? At my school, a target, no-one wanted jobs at PIMCO or BlackRock or Fidelity. The stuff they make college grads do is worthless.
No-one in their right mind chose PIMCO over GS or any bank or consulting firm for that matter. They got pretty low quality candidates who were willing to move West.
I'm calling bullshit on your post. You have absolutely no idea what you're talking about. I can speak from personal experience that at the MBA level, for example, PIMCO recruits at HBS and Wharton. That's it. As I said, I went to one of those schools and PIMCO was looked upon with higher regard than Goldman. Especially some bullshit IBD job.
I've said this before, undergrads may lust after an IBD position, but at the MBA level IB is for people with no other way of breaking into finance. And if you really think GS is above PIMCO, go ahead and visit GS in person. Sit in either the IBD area or on a trading desk and watch how those people drop everything they're doing the moment PIMCO calls. Now again, if you are in certain areas of GS, like maybe a top prop trading desk, certain structuring areas, principal investments, etc. then yes, I would take those positions over a fund, hedge or real-money. But to suggest that any standard IBD position, regardless of the firm, is better than PIMCO is absurd. Period.
Um, what are you calling BS on? I specifically said that the positions they have for undergrads are crap. I know that at the MBA level, they are one of the most sought after employers. I agree with you that going into IB post-MBA is both easy and not highly desirable for students at top B-schools.
I am not suggesting anything. I am just pointing out that the firm is not the be-all-end-all for undergrads. Of course it's better to be on buy-side later on, but the initial experience you get at large funds as a fresh college grad is nothing compared to a structure analyst programs at banks and consultancies.
So stop insulting others, being a prick and that without having any clue of reality.
you get paid shitload as an undergrad if you have a front office job
How much money do those select few ugrad hires make? Does anyone have specific numbers? And does Pimco offer internships? Thanks.
The BigHomie
what about wellington, fido, and vanguard, both at the ugrad and MBA levels? an opportunity there would obviously lead you someplace different, but what are the pros and the cons
Consultant, I am sick of your bullshit and pulling a plug on you. They do hire "analysts" for Account Managers and Portfolio Managers. I mean, do IBs recruit undergrads as Investment banker? No, they recruit them as analysts. Same deal at PIMCO.
http://www.vault.com/nr/finance_rankings/imngmnt_rankings.jsp
Kinda have a hard time believing that HSBC, Vanguard, and Fidelity are ranked higher than PIMCO and DE Shaw.
bump
this post was pretty funny to read. basically a bunch of high school students saying "What?! There is more to finance than Investment Banking?!"
comparing how many people apply to IBD and how many people apply to the buy-side is ridiculous... there are way more slots available in IBD (WAY more..not even close) at both the undergrad and graduate level.
and the fact that PIMCO is owned by a german insurance company doesn't really mean anything. Many of the best asset managers are private companies (Wellington, Fidelity, MFS)
need i remind you, GS historically earned such a great reputation (distinguishing it from other banks) largely from benefiting as a private company. then it went public. and then its reputation got tainted
Does anyone know what Business Development Associates make/do? I've heard there really isn't any "business development" at all...
PIMCO - Finance oriented interviews (Originally Posted: 01/05/2008)
wondering if anyone is currently trying out or has been a SA with PIMCO. How is their SA pay? How is their interview? Finance oriented/quant oriented interviews? Thanks.
I'm assuming you're talking about their Account Associate SA position, which is one of the more competitive positions for PIMCO SAs
The first round is usually more technical where they will ask you questions about what is happening in the news and some basic finance questions like what is duration, convexity, and factors that affect prices of bonds
The superday at their offices in the OC consist of anywhere from 6 to 10 interviewers. The questions are mostly behavioral and fit based but will also have some technical questions in there here or there. You will have about 4 interviewers in the morning followed by a lunch with two members of the firm followed by afternoon interviews.
Their average pay for SAs is about $700/week plus performance bonuses at the end of the year and a signing bonus of about $2500.
Feel free to reply to the thread of PM me if you have any more questions about their program.
PIMCO Dress Code (Originally Posted: 05/04/2010)
Does anyone here know what the expected attire is for interns at PIMCO? At interviews, most of the people I met with were wearing suits, but is this also expected every day from interns? Any advice would be appreciated
yes for the nyc office anyway. the WC office personnel just wear flip flops, khaki shorts and hawaiian / tommy bahama shirts.
I did an internship in their Newport office. Dress code was shirt and tie, always. Look professional. A suit is optional but is good to bring every now and then just so people know you have one. Some of this depends on what group you are in, but that is the standard for the vast majority. When you get there eat lunch over at Pacific Life as soon as possible; you will save yourself loads of cash. I have no idea what NY is like.
Oh and they do have casual Fridays, or at least they did.
PIMCO reputation (Originally Posted: 02/07/2011)
I am undergraduate econ student from west coast. I think I got an interview with PIMCO by the way the firm responded to my application. Relative to Black Rock PMG fixed income, how is PIMCO in terms of
Thank you and hope I can get some help.
Hey I interviewed at PIMCO in the fall. Actually know a friend who got placed in NYC office. During the interview they explained to applicants that undergrad positions are account analysts. I think they serve as institutional representatives that work with clients. The position is a client facing role rather then actual portfolio management.
If it is for that type of role than the position is not the best but the experience sounded great. You use all the proprietary tools and typical exit opp is 3 years then b school. They suggested the want you to get started in CFA quickly and many are able to transfer to buy side position.
If I'm completely off base excuse me. This is what was described for the position I applied for. Salary was 70-80K (?) with a relocation bonus. Good luck. Pretty selective program
Not sure how it compares to BR.
They and BlackRock are solid buy-side firms.
The traditional route for high finance is to spend some time at a sell-side bank, but if you know you want to do Asset Management, I'm not sure there's a lot of harm in starting there, instead.
If it's for portfolio management, PIMCO is far better in my opinion. However, those positions are hard to get. They mostly recruit for account analysts as marauders said.
Both firms are at the top of the league as far as AM goes. PIMCO has a marginally stronger reputation in fixed income, but BlackRock is well respected in FI too. You are really looking at the Goldman Sachs/Morgan Stanley of AM; any differences in reputation are marginal.
Unless you got a position comparable to PMG from PIMCO, BlackRock would probably give you better experience. BlackRock is also a larger firm with a more established training program.
Picking entry level positions based on pay is illogical, but both firms are going to pay similarly. PMG is generally the best compensated group in most AM firms, depending on performance, so you might be getting a little more cash from BlackRock.
I think you might not be familiar with buyside Asset Management careers; people generally do not go in looking for exits. It is a career decision; many analysts stay with the same firm 20 years. There are not many well defined exit opps; you could potentially find work in PWM, a HF, or another market oriented role. However, working in AM is not the best route to any of those positions.
Both firms are also going to require similar hours. PIMCO has a reputation for a competitive internal culture, whereas I have heard different things about BlackRock across various offices.
Congratulations on those offers. You can't go wrong with either firm. Work for the one where you like the people around you best.
This is probably the most salient point and some of the best advice you will get. It's important that you like the people because you will be spending an inordinate amount of time with them. West Coast is correct in that all the opportunities will probably leave you with similar advantages and disadvantages, so you might as well try to be as happy as possible.
curious about the account analyst position. what kind of exit opportunities does this have? how is servicing institutional clients perceived among the street?
Account management is a sales, client relations type role. You could exit to sales at a BB, go to bschool to rebrand yourself as a potential PM, go into fund raising, or take your book of clients to commercial banking.
How did this not get flagged?
Id take a job there.
market jobs on the west coast = damn early wake up time! I heard Bill Gross gets into the office at 330AM
....but the market closes @ 1pm, I love los angeles. Gross is probably out the office by 11:30 if not sooner.
Technically, if you got in at the CA office it would be in Newport Beach in Orange County (in good traffic about 45 min from LA).
Good luck OP, either choice is great!
1.) Two year old thread. 2.) I've heard crazy things about the PIMCO work culture over the past two years. Apparently Gross has a "no talking" rule on the trading floor?
^ My bad, I'm new. I didn't mean to start a zombie thread here.
The culture is pretty nuts. I talked to several students who interned there this summer, and they liked the work but hated the culture. You have to get to the office ridiculously early, business formal, no talking allowed, you get penalized for making grammatical errors in your e-mails, etc. Sort of the Bridgewater of AM when it comes to a kooky culture.
PIMCO - Mutual fund? (Originally Posted: 02/23/2011)
Can someone explain why PIMCO is even considered prestigious? I'm not to familiar with the hedge funds, but isn't PIMCO a freaking mutual fund?
Some funds choose not to be structured as a hedge fund for a variety of reasons, even though they have strong returns/great analysis. For one thing, you can cast a much wider net for investors. At Doubleline Capital, Gundlach (the Pervy Wonder), manages mutual funds. The Fairholme Funds and the Sequoia Funds are other examples-while they're not as large as PIMCO they have great performance and have made their managers very wealthy. Even John Paulson's launching a EU UCITS mutual fund (http://www.hfmweek.com/news/577487/paulson-and-biggs-plan-ucits-launche…).
PIMCO also runs alternative strategies/hedge funds through private funds and managed accounts, which is common to a lot of big asset managers. Plus they manage the biggest freaking mutual fund in the world, with great returns-46 bps on 235bn is $1bn annually in management fees, and that's just the total return fund.
PIMCO's investment strategies are not exactly vanilla... they routinely use complex derivative combinations to put their positions on. Their sheer size forces them to do this, so that it won't be blatantly obvious to the market where they are investing (talk about the elephant in the room).
^exactly.
Remember that the true prestige comes in the form of a paycheck - and they're known for handing out pretty big ones over there.
PIMCO is one of the most coveted firms at the top MBA programs, on par with the likes of Citadel, Blackstone, carlyle, KKR. Their portfolio management job is virtually impossible to get, but the ones who do land it, do VERY well financially. Within a few years, 7-figure paychecks are not unheard of.
PIMCO is considered to be one of the best Bond Funds in the US. They are to Bonds as Peter Lynch was to the Magellin Fund at Fidelity. Some of the best investment minds of the last 40 years were not necessarily Hedge Fund gurus, and that's what you have here with PIMCO, Lynch, Gundlach and others.
The fact is structure is everything, parituclarly when you consider that they were founded in '71 as part of Pacific Mutual Life Insurance. If you're an investment arm under an insurance company, you have to follow strict guidlines. When they were finally independant of their insurance company overlords, they kept what worked instead of reorganizing into a proper hedge fund.
Plus, it's also easier to take in new money into funds when you are a mutual fund than it is as a Hedge Fund where LP rules are very strict in this manner.
Is PIMCO a good place to be at? (Originally Posted: 07/19/2011)
Hi all,
I have been in an IB working on commodities/FX quant strategies and hit by the Volcker rule now I am looking for the next move.
I am interested in expanding into fixed-income/rates/credits and equities space because in the younghood one should pursue breadth in financial knowledge and understand as much the markets as possible.
It may not be possible for me to break into fixed-income/rates/credits and equities on the buy-side directly... due to my lack of experiences...so I am thinking that maybe funds such as PIMCO could be a good option? ie. I probably should expand my search space from hedgefunds to funds as well.
Any thoughts/comments/suggestions? Thanks a lot!
Is it easy to go back to other hedgefunds or launch my own fund after PIMCO?
Working at PIMCO, or any other place for that matter has little to do with putting you in a position to launch your own fund. Your ability to show that you have a money making strategy and the ability to convince ppl to hand over their money are far more relevant.
Um, PIMCO is a buyside fund.
To answer your question, if you want to be in fixed income, very few places are better than PIMCO. Work there for a few years, and you will have some great exit options. There's a reason why PIMCO is one of the most coveted places to work at, for the finance students at the top b-schools. You get to live in newport beach, make great money, and do interesting work.
Thank you! It's a fund not a hedgefund, how can I make great money?...
If PIMCO is really great, are there other funds that I should expand my search to? i.e. I am currently at a top IB and naturally my next step is hedgefunds, however because I am thinking of switching my fields so I have to consider funds also... What are the names of good funds like PIMCO that I should definitely submit my resume to? Thank you!
If I cannot land a good hedgefund job fast and have to consider other alternatives, are sell-side client-facing research roles good options? i.e. in the future I want to be able to work in the hedgefund industry and/or launch my own hedgefunds. However due to the Volcker rule, the street is littered with traders/quants that are from IB prop-desk... it's not that easy to find a great job... as an alternative, would sell-side client-facing research roles be good step-stones? I just want to expand my search universe because I probably don't want to go to bad hedgefunds hastily.
Get the offer first, then worry.
youre asking if PIMCO is good for fixed income?
seriously?
Do you really work in the industry? Of course PIMCO is a good place to be. Good luck getting an interview.
My thoughts exactly.
Nah bro, Trillion dollar funds are for pussies.
Dude, PIMCO is on the buyside. What side did you think it was on?
Sounds like a pretty legitimate question, so why is everyone giving him so much shit? PIMCO runs mutual funds after all, and I imagine the approach to managing a long-only portfolio is slightly different from the one used for a hedge fund. This guy makes a good point - assuming he's really on a prop desk at a bank, the next thing to shoot for would be running your own fund.
a) PIMCO runs funds other than mutual funds b) Mutual funds are allowed to short, and PIMCO was very publicly short treasuries recently (though there are a number of ways they could have expressed this position besides a cash short) c) PIMCO is one of if not the most prominent asset manager in the world, and he doesn't have an offer in hand, so it's kind of silly to essentially ask if they're "good enough" for him. d) "On a prop desk" =/= running his own book, he describes himself as pretty junior.
PIMCO - Not getting anything (Originally Posted: 12/29/2012)
Which undergrad schools does PIMCO recruit at and when? I'm trying to look on their site and not getting anything
Not sure, best guess would be typical west coast targets. (Cal, UCLA, Stanford, USC, etc.)
They do recruit on the East Coast. I've seen PIMCO postings at my school.
Can you please tell me or PM me any schools you know they recruit at? I'm really trying to go out and at least talk to them once.
Also thanks to everyone else for your responses so far!
I know they recruit at Columbia, but I think this may be the first time they are doing so. Mostly for positions in Newport Beach (Product Summer Analyst, Portfolio Summer Analyst, and Credit Research Summer Analyst) and one position in either NYC or Newport Beach (Account Summer Analyst).
Bump
PIMCO is probably the toughest fixed income asset manager to get into next to Eaton Vance or the likes of. If you land a trading position/junior PM role, you have one of the most coveted seats on all of Wall Street. People dream of making it into front office at PIMCO. Hope this gives you some context.
What if your role at PIMCO is something more along the lines of business development? Would this also be respectable/compared to BB IB?
Rem dolores ratione architecto voluptas deleniti reiciendis. Perspiciatis nam non sint voluptas eaque aut. Vitae iusto minima aspernatur ea. Earum tempora officia nam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et nulla modi pariatur. Officiis molestiae deserunt doloremque consequatur. Est est ducimus quia ut itaque in.
Ea suscipit tempora repellat mollitia in. Accusantium eos sint qui sit. Consequatur in sequi totam ratione. Rerum aliquid ut delectus aperiam et illum. Voluptas vel provident ut aut et doloremque. Sed modi blanditiis harum neque expedita ut voluptas. Ut error alias deserunt culpa dolor praesentium est.
Inventore delectus sint asperiores eos ex qui. Porro dolorem et aut id veniam consequatur aut. Commodi aut non voluptatem. Accusamus atque sit nihil tempora nam quae. Eveniet mollitia qui unde autem quod. Possimus voluptas molestiae et natus nihil in nihil.
Et delectus quas consequatur accusamus voluptatem sint. Qui molestias et id in consequatur.
Blanditiis illum dignissimos laborum eveniet. Animi repellat eum corporis rerum quas. Consequatur tempore vero ut voluptates sit occaecati corporis.
Illo omnis expedita odio quis dolores. Molestiae et rerum autem aut. Quidem pariatur in at molestias.
Sunt voluptas officia ea magni fugit. Explicabo iure corrupti aut omnis voluptas aut ullam eum. Laboriosam nobis magnam optio magnam qui iure quas. Sint ea amet in neque quo ratione sed. Velit illum totam fuga natus praesentium. Deserunt in ea ducimus cum nesciunt et ea.
Aut eum dolorem nam omnis. Eos voluptate enim provident rerum porro facilis vero. Repudiandae asperiores atque corrupti omnis et in aliquid.
Ullam qui laborum cupiditate quia fugiat corporis. Numquam dolores aspernatur quidem quia sint. Ut quod distinctio consequuntur aut.
Animi sed omnis nesciunt ut aliquid aut dolorem et. Nobis minima magni dolore nam illo. Placeat impedit ullam est animi. Possimus eos fugiat placeat odit.
Qui a impedit et est dolor. Assumenda cumque quod molestias. Recusandae nesciunt soluta a esse aliquam et fugiat.
Saepe sint laborum vel iusto tempora. Possimus eos consequatur tempore explicabo repellendus. Qui sequi temporibus labore est animi voluptates nulla.
Reprehenderit et eligendi perferendis quas saepe. Odit fugit dolorem nam minima voluptatem enim. Expedita ipsa voluptas labore aut occaecati. Eos totam accusamus dignissimos enim iure pariatur excepturi deserunt.
Consequatur tenetur pariatur voluptatem distinctio blanditiis iusto quia optio. Rerum ut qui qui veniam dolores.
Facilis excepturi excepturi et nulla. Possimus neque nostrum et quia laborum aut necessitatibus. Ut aliquam iure voluptate architecto delectus voluptas voluptas. Dolores et distinctio recusandae quis et dolorem id. Et sed ut reiciendis voluptatem aut. Non quos repellendus aut doloremque nobis.
Ex adipisci nesciunt ad velit nihil. Laudantium saepe id ut qui quaerat. Quos quia quisquam architecto veritatis et. Rerum error laudantium eveniet amet amet aut. Ipsa velit sint accusantium qui.