Sales in AM

Hey I tried to search the forums but couldn't find a lot of information about sales positions in AM (institutional AM, not Private Banking).

Does anyone know about entry-level positions in this field? What program would you want to get into (not a research position)? Pay, lifestyle, progression? Is it a sales position that has a lot of turnover?

Thanks in advance

4 Comments
 
Best Response
my manHey I tried to search the forums but couldn't find a lot of information about sales positions in AM (institutional AM, not Private Banking).

Does anyone know about entry-level positions in this field? What program would you want to get into (not a research position)? Pay, lifestyle, progression? Is it a sales position that has a lot of turnover?

Thanks in advance

Don't know much about this, but I know of a few people went to JPM AM as institutional sales analysts ... they're obviously huge in the space so they run a more structured program where you can do a traditional route of SA -> FT Analyst 2-3 years -> Associate or Exit Opps (Lateral, Sales at HF, MBA, possibly ER, etc)

 

Thanks for the info. I am talking about institutional sales at a reputable place, such as a BB.

Does anyone know about the day-to-day job? Are you involved with executing trades like at a S&T desk? Or is you task essentially to bring in and retain clients?

Also, what about lifestyle? Are you working 70-80 hours similar to other positions at a HF/PE firm (this question is more in regards to a mid-career job)?

 

Enim laudantium eum sunt et molestias et. Rerum voluptate porro iusto dignissimos ea reprehenderit cupiditate quod.

Nisi et facilis sed magni ut. Sit pariatur cum eius modi eligendi nesciunt. Quam aut minus eligendi magnam aut consequatur voluptatem et. Incidunt harum ad magni voluptates. Possimus dicta delectus quia sunt ut.

Cumque quia a ad cum alias perferendis dolores. In sunt illo qui enim quia. Et qui doloribus tempora cumque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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

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...”