Wealth Management = Private Wealth Management?
(Senior Chimp, 26
Points)
on 3/3/10 at 3:17pm
I was just wondering what a Wealth Management Intern actually does. Are they the same as a Private Wealth Management Intern. Any insight on what a day in the life would be?
Thanks





Worked at BAML as an intern
Worked at BAML as an intern in one of their private banking investment groups. They put me in a corner with a computer and told me to do research, listen in and take notes at phone conferences (usually a PM of some sort discusses portfolio allocation strategies or something), and secretarial shit like stuffing in documents for clients, maybe build a spreadsheet or two. Not the best experience to be honest, and it was unpaid. I was like FML the entire time...