PWM

I've been working in PWM for a boutique in London for 4 years now since leaving college but I'm looking to move to New York. I've built up a decent book of clients that won't be transferrable but my college was in London as well, so frankly I'm bored of the city.

Just looking for some advice:

-do employers look for a CFA/MBA in PWM?
-salary estimates? I've 4 years experience of bringing on clients in London but will be starting from scratch again.
-Barclays Wealth are expanding rapidly-what's their reputation?
-apply directly or via recruitment agent?

Has anyone made a similar transfer?

Thanks for any advice.

Due to some financial strain what do you guys think of picking up a part time job as I enter freshman year at a US semitarget?

Am I just fucking myself over or have any of you been able to manage a job while maintaining a solid 3.7+ gpa?

Title says it all. Just curious what the comments will bring.

Does anybody have any insight into the hiring specifics of JPM's Private Wealth Management for 2010 MBA grads? Specifics on expected salary, signing bonus, expected bonus, life on the job, daily duties, quality of life (work ours, etc.) would be great.

Thanks in advance...

with all the hype surrounding the rise of activity in asia, and that im an asian american anyway, im wondering how to best position myself for a job/career in SE asia (hk, china, south korea, japan)

currently attending a semi target undergrad (in the U.S.), rising jr. what would be a possible scenario to go to asia after my undergrad? maybe even after grad school? possibility of attending an asian grad school?

growing up in an asian family i know that name/brand plays a HUGE part in anything. im wondering if the same concept applies when it comes to recruiting in asia. so would a pwm position at a top bb in america (or another top name asians would recognize) be better or a more respected position at a boutique (better exp, but less chance of asians knowing the name brand).

Will you be there? What can I expect from an open house (I've never been to one)? What do people typically wear at events like this?

Hi guys,

So, I'm getting ready for fall recruitment and trying to really get up-to-date with the industry and news that has impact PWM. I was looking for some help on the this: what subjects do you think have seriously impacted the industry? I was thinking along the lines of the names and details of the American clients that UBS has had to give to the American Government, but I can't think of how this has really made firms change? I'd appreciate any help (naturally, I'm not looking for you guys to give me all the answers. Just a push in the right direction would be nice).

Thanks! :)

it's just been a week since i started browsing this forum, and i dont have too much background in this industry anyway, so i may sound very dumb at times.

im a rising junior at a fairly decent (non-target, i'd say second tier for business) undergrad - with a 3.5 and a decent number of ec (none of which are directly related to ib, but business-y enough for me to have had an internship and an externship - again not ib)

long story short, i dont have a choice but to take a year off from school because of personal reasons in my family so i wont be able to graduate until 2013, not 2012 as i had expected.

Does it matter which firm you intern with for PWM? This is for a fall internship with the end goal being a SA spot for next summer.

Can someone give some insight as to how to go from an Analyst position at a BB PWM firm to a PE firm (doesn't have to be vanilla PE, it can be RE PE or whatever)?

What's required? MBA? MAcc? CFA? IB exp.?

I'm hoping to make a move in two years...trying to plan accordingly.

Phil Collins

I was speaking to an upcoming junior at my school and he told me as a freshman he cold called ML NY, somehow got a hold of a VP there, and though it was in July (as opposed to formal recruiting in January/February) he was able to land an internship there. I believe he mentioned it was unpaid.

He's now working at a NYC boutique doing M&A (no idea if it's paid or not) and he's a sophomore! This boutique internship was through networking, but I didn't even know this shit was possible.

Have any of you guys had success with that? I didn't expect it would be possible to even land an internship as a freshman or sophomore. Any tips you guys would have to land an internship as a freshman/sophomore?

I'm a rising junior at Williams, a decent non/semi-target liberal arts college. This past summer I have been interning at a large energy brokerage that I received through a connection but have decided that I want to try out something in PWM or trading next summer. I'm a varsity athlete double majoring in Econ and another major with a B- (weak) GPA due to first-year shenanigans and a shitty disease first semester of last year. However, I know I will get it up this semester but my questions are as follow:

I am currently interning part-time in the PWM division of a BB during the summer and have the option of extending the internship into the school year at a branch near my school. I'd like to do this as my main extracurricular but I will also be taking the hardest courses of my college career thus far. How much would this additional internship add to the strength of my resume going into spring recruiting season for BBs? Would it be a huge advantage to have a finance internship as an EC or should I just focus on my 5 classes since I already have the summer internship on my resume?

I am currently in the process of interviewing with Goldman Sach's Private Wealth Group. I would be brought on as a Wealth Management Professional (one step above an analyst, one step below a Advisor). I would like to have an idea of what kind of salary I could be looking to swing in this position but also the pros/cons of this group and specific position. Thanks!