Search results

  1. Quit BO role before I hit the desk to pursue FO role?

    3 weeks into my training at one of the top 5 investment banks and I already want to quit. I am already looked down upon as the compliance guy and I am sick of it. AND this is by colleagues who haven't even hit their desk yet. I am very intelligent, a ...

    44 comments - 2 silver bananas - Aug 13 2016 - 5:00pm -

  2. UBS wealth management internship... opinions

    Hello all, need some advice. I'm wondering what everyone thinks about a UBS wealth management internship. It could be pretty much bullshit work, but it is a name. Please so bashing of the UBS name, its still a BB and people on the forum are in denial ...

    45 comments - 1 silver bananas - Oct 10 2016 - 4:42pm -

  3. Wealth Management vs Corporate Finance vs IBanking

    Hey Guys, I am in a very complex situation. I interned at a wealth management firm in Seattle and they invited me back for full time. They manage $2 Billion and are expanding quickly. They are offering very low salary compared to what my peers at my schoo ...

    25 comments - 0 silver bananas - Feb 1 2017 - 1:34pm -

  4. Why is wealth management looked down upon?

          Why is wealth management/financial advising looked down by most people on Wall Street? It's one of the highest revenue generators for the banks. I understand it's a glorified sales position when starting out but after you� ...

    33 comments - 0 silver bananas - Oct 18 2012 - 1:21am -

  5. Summer Intern: Boutique IB (but probably not too much banking work) or UBS WM?

    Hi guys, So I've been given this opportunity to intern with a boutique IB in LA this summer. I'm a sophomore and I'm aiming at junior IBD internship in BB next year. If it were not for the job function I got to know from my interviewer, I&# ...

    33 comments - 0 silver bananas - Apr 19 2011 - 2:20pm -

  6. Life after BB Private Banking... need advice

          I'm a second/third year analyst at a BB Private Bank in the Southeast US, and need advice on where to take my career from here. The way I see it these are my options at the moment:- Climb the ladder at my current bank and try to ...

    11 comments - 0 silver bananas - Feb 2 2016 - 10:19pm -

  7. Traditional 401k vs Roth 401K

    Hey all, did a search in the forums and extensive research online, and am trying to decide which option is better for people starting in finance (assuming all things else are equal: employer matches etc). Would be very grateful to any advice or wisdom sha ...

    17 comments - 0 silver bananas - Aug 2 2013 - 11:24pm -

  8. When to go with discount, full-service, PWM, and private banker

    Does anyone know when it makes sense to go with each of these categories? And for the bankers out there, can you have a discount brokerage account? I would think there would be serious temptations that may occur arising if you could make independent trade ...

    22 comments - 0 silver bananas - Feb 26 2011 - 12:17pm -

  9. What is my next move within PWM?

          Hey all, Trying to determine my next move. Spent the last 2.5 years (right out of undergrad) at a family wealth management office. Not much room for growth so looking at other opps within private wealth management/banking. Any specifi ...

    10 comments - 0 silver bananas - Dec 15 2015 - 4:59pm -

  10. Deutsche Bank Jacksonville vs PE wealth management offer

          What would people choose if they had a front office markets position with DB but also had a private wealth management offer for a BB in more typical financial hub. What do people think of the two, what would my exit opportunities out ...

    14 comments - 0 silver bananas - May 16 2015 - 5:02pm -

  11. What's the difference between asset management and investment management?

    ...if there is a difference wealth management ...

    14 comments - 0 silver bananas - Aug 18 2016 - 1:14pm -

  12. Family Office Database

    Hi I need a family office database, can anyone please help me with that. Regards Benish wealth management Family office ...

    14 comments - 0 silver bananas - Jan 20 2013 - 3:34pm -

  13. Goldman Investment Management Interview

          I have an upcoming interview with Goldman IMD. Is this mostly fit or will there be technical questions too? How in depth do I need to know the market atmosphere? interview Goldman Sachs wealth management IMD investment management ...

    10 comments - 0 silver bananas - Jan 18 2015 - 8:03pm -

  14. Spontaneous Phone Interview Question Help for Very First Internship

    Hello everyone! Thanks for reading and for any eventual help I may receive! So today someone spontaneously offered me an over-the-phone interview for a wealth management position. I'm freaking out because I've had no preparation or time to even ...

    6 comments - 1 silver bananas - Dec 5 2016 - 6:42pm -

  15. Wealth Management BB vs BB Sales and Trading (Regional Office)

          I have offers from both these, pay is the same, interested in both, not sure if I would be good at S&T but fancy a shot at it. Was wondering peoples opinions on the choice. Also what can senior wealth managers get paid? and if I w ...

    11 comments - 0 silver bananas - May 8 2013 - 8:41am -

  16. Question Asked by Bulge Bracket HR

          Hi Folks, So this HR person at this BB just emailed me and asked this question. What should I reply? "Can you please confirm what type of opportunities you wish to be considered for within technology?" The position is BB Wea ...

    11 comments - 1 silver bananas - Mar 11 2013 - 10:38pm -

  17. Tips for a PWM Intern

    This summer I'll be interning for a private wealth management group of a BB bank for about a month. I'll be starting college the next fall as a finance major, but as of now, I don't know much about wealth management, and I'm not sure i ...

    11 comments - 0 silver bananas - Jan 28 2013 - 8:14pm -

  18. I want to work with people, not companies

          I was just wondering what my options were as far as working with people, as opposed to companies, besides wealth management? wealth management ...

    9 comments - 0 silver bananas - Aug 4 2014 - 4:51pm -

  19. ms internship questions? please answer!!

          hey guys, im a soph and i just heard back from morgan stanley smith barney's branch internship program(?) for a first round interview from my research, it basically seems like a wealth management internship? does anyone know much ...

    13 comments - 0 silver bananas - Feb 12 2010 - 1:26am -

  20. JP Morgan PWM Interview

    I have an in-person interview with JP Morgan Private Bank / Private Wealth Management for their 2010 PWM Analyst Class. Background on me: Senior Sociology student at top 3 public university. Marketing Consultant for our University Health Services, Adverti ...

    12 comments - 0 silver bananas - Mar 23 2010 - 10:14pm -

  21. Does Wealth Management have a stigma?

          If someone works in WM at a big bank, would that hurt them when applying to grad school or finding a trading job? wealth management ...

    8 comments - 0 silver bananas - Dec 11 2014 - 11:34am -

  22. Morgan Stanley Smith Barney internship prestigious or not?

    Hi Everyone, I was offered an internship by Morgan Stanley Smith Barney, which would involve working at a retail branch. It is with the global wealth management division, which serves clients with net worths of under 20 million. How does this internship s ...

    10 comments - 0 silver bananas - Jun 13 2011 - 3:03am -

  23. Help Needed! Wealth Management

          Hey Monkeys, I was just wondering if I could get some help from you guys. So I work for a real estate crowdfunding company called Sharestates. And in order to broaden our investor base, we are trying to contact any wealth management p ...

    7 comments - 0 silver bananas - Mar 25 2015 - 5:04pm -

  24. Freshman Wealth Management Internship- Advice?

          Hi! I'm starting a wealth management internship soon, and I'll be a sophomore in the fall at a target school. Any advice/things I should do to prepare for this internship? Thank you! freshman wealth management ...

    8 comments - 0 silver bananas - Jun 2 2013 - 10:28pm -

  25. UBS WM or MM CorpFin?

    Hey everyone: So I currently am interning with a very successful PWM group within UBS, in Ohio. I am doing normal office work, but also doing some stock/fund research and writing case proposals with them. I just recieved an offer for a MM corporate financ ...

    9 comments - 0 silver bananas - May 20 2011 - 9:37pm -

  26. Global Wealth Management internship interview

          In about a week, I have an interview with one of the big banks in the their global wealth management division here in Miami. What kind of questions should prepare for? Anything technical that I should look over (DCF valuation, financi ...

    9 comments - 0 silver bananas - Mar 16 2011 - 4:07pm -

  27. Except these what should I say

          I am going to see a local financial advisor of Ramond James in trying to work an intern in his office, and he does not know who am I. Except introducing myself and showing my interest in wealth management what I should say or prepare? ...

    8 comments - 0 silver bananas - Oct 30 2012 - 12:39am -

  28. St James Place Wealth Management?

    Hi guys, just curious if anyone here has heard of SJP? They sound more like a fund of funds though. Just wondering what the exit opps etc are from joining a big wealth manager like these guys? sjp wealth management ...

    6 comments - 0 silver bananas - Apr 20 2015 - 10:42pm -

  29. Citi Private Bank Information

          I have been trying to research Citi Private Bank, but there really isn't a lot of information online. I have an offer from Citi Private Bank and was looking to hear what people had to say about them. I was wondering if anyone had ...

    5 comments - 0 silver bananas - Feb 7 2016 - 12:38pm -

  30. What will I be doing in a Merrill Lynch PWM internship

          What do these internships usually entail? In other words, what kind of things would I end up putting on my resume? Merrill Lynch wealth management ...

    8 comments - 0 silver bananas - May 31 2009 - 11:53pm -

  31. Difference between BofA GWIM Summer Analyst and Merrill Lynch WM Branch office internship

          Any idea what the difference is between BofA 's Global Wealth and Investment Management Summer Analyst Program and the Merrill Lynch Wealth Management Branch Office Internship? Descriptions look pretty much the same, but the GWIM ...

    7 comments - 0 silver bananas - Feb 12 2012 - 11:55pm -

  32. Advice Needed- Consulting/VC vs. BB PWM internship

    I am asking this in regard to preparing for Jr. Summer IB internships- preferably in research. I am a rising junior and have been offered two summer internships so far: one at a bulge-bracket firm doing PWM (the kind where FAs earn commission and other fi ...

    6 comments - 0 silver bananas - May 16 2011 - 11:38pm -

  33. Corporate Cash Management @ UBS

          So i have an interview on wednesday for UBS with their corporate cash management group. I understand the general idea of what the group entails however I was wondering if any of you guys had any experience/ knew more in detail of what ...

    6 comments - 0 silver bananas - Jun 1 2010 - 12:27am -

  34. The job equivalent in CA or US?

          Hello all, Hope this is the right forum or sub-forum to post my question. If it's in the wrong forum, could the mods mods move it to the appropriate one? Thx My friend is thinking of moving to Toronto or NY from Hong Kong and cur ...

    4 comments - 0 silver bananas - Jan 26 2016 - 6:32pm -

  35. Boutique private wealth management/operations or Summer Business Program?

    I am a recent college grad, and am trying to get into Wall Street. You can see my situation from previous posts: I went to a non-target private school, tho I did well, have a ton of extracurrics, I majored in poli sci, minored in economics and Spanish. I& ...

    5 comments - 0 silver bananas - Dec 1 2012 - 6:52am -

  36. How easy is it to switch from Wealth Management to Asset Management?

          How easy is it to switch from Wealth Management to Asset Management? wealth management ...

    5 comments - 0 silver bananas - Jul 16 2011 - 2:30am -

  37. Alliance Bernstein

          Anyone know anything about internships at Alliance Bernstein? Internship Investment Research wealth management ...

    5 comments - 0 silver bananas - Jan 19 2011 - 6:30pm -

  38. Wealth Management- USA vs EU

          Hello Everyone, I was wondering how different wealth management is between the USA and EU? Are international employee transfers possible and at all common? Any comments would be appreciated. wealth management ...

    5 comments - 0 silver bananas - May 12 2010 - 11:08am -

  39. UBS WM Graduate Training Program vs. JP Corporate Development Program

    Hey, I recently got an offer from UBS for the the Wealth Management Graduate Training Program in Weehawken, NJ. It's a technical position (because I'm computer science), so we'll be doing two years of rotations (with each rotation lasting 6 ...

    5 comments - 0 silver bananas - Jan 29 2010 - 5:03pm -

  40. Anyone use any automated/algo wealth management apps?

    Looking for some reviews on some. I know Wealthfront is big and Exeq seems to be an up and comer in beta, but not entirely sure. wealth management ...

    3 comments - 0 silver bananas - Dec 8 2016 - 12:25am -

  41. Pwm associate exit ops

          Pwm associate at a major bank. What are some exit ops that are doable considering I do not want to be an advisor. Thank you all PWM wealth management private wealth ...

    4 comments - 0 silver bananas - Sep 21 2014 - 5:55pm -

  42. Wealth Management but don't want to be an Advisor

          Hi, I'm very interested in working in wealth management as an analyst/ associate (working with clients, equity research, analysis) as a job out of a target school, however I do not want to be an Advisor in the long run. Is this a ...

    4 comments - 0 silver bananas - Sep 20 2014 - 11:08am -

  43. What are your thoughts? Student seeking advice

    I am currently a sophomore at a non-target, main objective is a front office SA/Full Time position. Any of your thoughts or opinions would be great. I am currently considering the following positions for an internship this summer: Merrill Lynch Wealth Man ...

    4 comments - 0 silver bananas - Apr 4 2014 - 4:27pm -

  44. Internship: MM Corp Finance or UBS Wealth Management?

    Hey guys, so I'm going into the summer before my senior year in undergrad at a top 100 school. I have been part-time interning with a UBS Wealth Management group, one of their top 100 groups nationally, and have a full time offer for the summer. It&# ...

    4 comments - 0 silver bananas - May 17 2011 - 8:33pm -

  45. Merill Lynch Internship

          I have an interview with ML wealth management coming up. Was wonder if anyone here can tell me what to expect during the interview and on the job? I plan to take the CFA L1 in December shortly before I graduate. Will taking the CFA he ...

    3 comments - 0 silver bananas - Feb 23 2015 - 7:23pm -

  46. PWM Sales and Research with Bloomberg Terminal

          Maybe understandably I can't locate any information on this but does anyone have any experience in having a Bloomberg terminal for private wealth management. For both sales and research I feel like it might make sense to get one ...

    3 comments - 0 silver bananas - Nov 11 2014 - 2:25pm -

  47. Bessemer Trust Culture

          Not much info on here for Bessemer Trust. Anecdotal stories have suggested that they have a very conservative culture. Anyone else have experience working for them or have an idea of the culture? PWM private banking AM wealth manageme ...

    3 comments - 0 silver bananas - Sep 10 2013 - 2:51pm -

  48. How helpful is an internship at Morgan Stanley Smith Barney for a junior wishing to go into PWM in the future?

    Hi guys, ...

    3 comments - 0 silver bananas - Jun 26 2011 - 6:32am -

  49. Spring intern wealth management

          I was hoping to get some help with my cover letter. It's my first attempt. I am applying for a spring internship at a wealth management firm http://www.razume.com/documents/18116 thanks! Banking finance intern wealth management ...

    3 comments - 0 silver bananas - Dec 31 2010 - 1:51pm -

  50. Portfolio Construction Analyst Interview Help!!

          I have an interview for a BB in their PWM business for a portfolio construction analyst role. It's entry level for a team within the division. Won't be part of an advising team, but an internal team that helps advisers with ...

    2 comments - 0 silver bananas - Apr 1 2016 - 11:20am -

  51. Externship (?) on a resume

          So I am a freshman in a semi-target school and I was wondering if some of the efforts I am making are good for a resume. Through some cold calling and lukewarm calling I have secured two Asset Management externships where I will be pe ...

    2 comments - 0 silver bananas - Mar 28 2016 - 1:46pm -

  52. Winter Internships in NYC?

          Are there any firms that hire interns for about 1-2 months from December to January? Winter Internship new york city wealth management 1st job; career; Finance; Banking ...

    2 comments - 0 silver bananas - Oct 19 2015 - 1:57pm -

  53. What Are You Doing At Your Internship?

          First, a little background. I'm a rising junior interning at a major wealth management firm this summer with career goals of investment banking after college. This summer I have primarily been sitting in on calls with advisors an ...

    2 comments - 0 silver bananas - Jun 24 2015 - 7:43pm -

  54. Private/International/Global Wealth mangament questions

          Had some questions about wealth management to explore my career actions. What are the various duties involved besides the obvious? What are the hours like? Vacation time? What is the compensation? wealth management ...

    2 comments - 0 silver bananas - Oct 4 2014 - 11:17pm -

  55. About PWM

    So here is the story: I applied for a BB job through my school's career website, the job description didn't specify which division the opening was from. Later I found out from the disclaimer under the associate's email the opening is at PWM ...

    2 comments - 0 silver bananas - Jan 18 2014 - 5:36pm -

  56. Which Offer

          I need some help deciding between offers. I am a rising senior at a decent state school in the south. I am an accounting major but am looking to work in the Finance industry. I recently received an internship offer from the Transactio ...

    2 comments - 0 silver bananas - Aug 10 2012 - 4:06pm -

  57. Hometown PWM versus Social Media start up for sophomore year

    Hi, I just ended my sophomore year at a semi-target school (at Penn but not in Wharton). I was very late in securing an internship, but now have the choice to work for either a small wealth management company in my hometown or do a remote unpaid internshi ...

    2 comments - 0 silver bananas - Jun 14 2012 - 9:57pm -

  58. What is wealth management exactly?

          I am looking for a finance internship this summer. I am considering emailing a man who is the senior vice president and branch director of an RBC Wealth Management location in a small city (about 40k-50k people). It also says that he ...

    2 comments - 0 silver bananas - Apr 22 2012 - 2:22pm -

  59. Canadian Securities Course- Honours?

          Hey WSO, Quick question for my fellow Canadians. Currently interning at RBC DS and was advised to get my CSC. Was wondering if it's worth putting in the extra hours to get a 85%, so that I get "honours" on the certifica ...

    2 comments - 0 silver bananas - Jun 21 2011 - 12:52pm -

  60. CV boosters for banking, wealth management etc

          I have a BSc (Hons) Economics (2:1) and am currently studying for a masters in Finance (both average universities) I have got no work experience except for part time (not financial related). Extra curricular activities are sport etc, ...

    2 comments - 0 silver bananas - Jan 3 2011 - 8:45am -

  61. Small Cap PE vs Wealth Management Internships

          Hey guys I have an internship choice to make, and would love your input. 1) What I would call a small private bank in NYC- wealth management, min accnt size $10 mil, but they also do tax work, estate planning, family accounting, phila ...

    2 comments - 0 silver bananas - Apr 28 2009 - 5:50pm -

  62. RBS- Coutts Bank- Private banking/ wealth management graduate scheme assessment centre

    HI, I have been invited to an assessment centre at RBS- Coutts Bank on Wednesday. This is my first banking/ finance assessment centre and I am very nervous as I have no background in finance. I was wondering if anybody has taken part in the RBS/ Coutts ba ...

    1 comment - 1 silver bananas - Jan 21 2017 - 5:39am -

  63. Morgan Stanley WM

    Has anyone heard from Morgan Stanley for summer analyst position in wealth management? I haven't heard of anyone getting interviews or offers yet. wealth management summer analyst Morgan Stanley ...

    0 comments - 0 silver bananas - Nov 10 2016 - 9:50pm -

  64. Networking // freshman

    Im in touch with an apprentice at a local UBS Wealth Management office. How can i make the most of it? wealth management UBS asset management ...

    0 comments - 0 silver bananas - Jul 15 2016 - 10:57am -

  65. Best Career Track for Young Pro After CFA

          Hi All, I've been reading WSO for a while not but haven't written or commented much. Last weekend I sat for Level 3 of the CFA Exams and feel pretty confident about it after passing the first two levels on my first try. My q ...

    0 comments - 0 silver bananas - Jun 12 2016 - 12:15pm -

  66. Webinar Rewind- Life Inside a Fee Only Wealth Management Firm + Q&A

    In case you missed our August 20th webinar entitled Life Inside a Fee Only Wealth Management Firm, have no fear. The full recording of the webinar can be found below (free until Thursday night when it goes into our video library). SIGN UP FOR A 1-HOUR MEN ...

    1 comment - 0 silver bananas - Sep 11 2014 - 2:57pm -

  67. Difference between private and global wealth management??

          What is the difference? Which is better? I'm assuming global. Thanks in advance!! WM wealth management merry lynch credit suisse UBS ...

    0 comments - 0 silver bananas - Apr 29 2015 - 8:27pm -

  68. Question regarding application for internship

          Hey guys. if you haven't seen my introduction thread, I'm bnsly, a high school student from the Bay Area. Anyways, I have been considering applying to an internship quite recently but was disappointed to find out that it was ...

    0 comments - 0 silver bananas - Apr 13 2014 - 6:42am -

  69. Thoughts on summer internship? ML/UBS

    I am currently a sophomore at a non-target, main objective is a front office SA/Full Time position. Any of your thoughts or opinions would be great. I am currently considering the following positions for an internship this summer: Merrill Lynch Wealth Man ...

    1 comment - 0 silver bananas - Apr 6 2014 - 10:23pm -

  70. Accept ML or UBS offer?

    I am currently a sophomore at a non-target, main objective is a front office SA/Full Time position. Any of your thoughts or opinions would be great. I am currently considering the following positions for an internship this summer: Merrill Lynch Wealth Man ...

    0 comments - 0 silver bananas - Apr 6 2014 - 3:31pm -

  71. Accept ML offer or UBS offer?

    I am currently a sophomore at a non-target, main objective is a front office SA/Full Time position. Any of your thoughts or opinions would be great. I am currently considering the following positions for an internship this summer: Merrill Lynch Wealth Man ...

    1 comment - 0 silver bananas - Apr 5 2014 - 6:23pm -

  72. Breaking into a junior or entry level Asset/Wealth Management position.

    Hello WSO Community, I've been trying to find ways of breaking into the finance industry- possibly asset/wealth management, however, I don't have a background in finance/econ (I work in tech. and have for the past 5 years). I do a lot of self st ...

    0 comments - 0 silver bananas - Mar 12 2014 - 1:03am -

  73. Morgan Stanley wealth management analyst

    Hello everyone, longtime lurker recently starting posting. I have an interview coming up in a month or so for the position of a summer wealth management analyst intern with Morgan Stanley. I interned last summer with them at a different office doing priva ...

    1 comment - 0 silver bananas - Oct 24 2012 - 10:22pm -

  74. MS wealth management analyst

    Hello everyone, longtime lurker recently starting posting. I have an interview coming up in a month or so for the position of a summer wealth management analyst intern with Morgan Stanley. I interned last summer with them at a different office doing priva ...

    0 comments - 0 silver bananas - Oct 24 2012 - 10:25am -

  75. Wealth Management "Business Plan" Help

          Long time lurker here, need some help. I just had a first round for a wealth management / financial advisor position and they now require that I submit a written "business plan" that details how I will get clients. Obviously ...

    0 comments - 0 silver bananas - Jan 4 2012 - 7:35pm -

  76. Wealth Management Rotational Programs

          Hi there- I appreciate all the info available on this forum. I'm just interested in finding out about rotational programs within the wealth management division of banks. From what I can find out, Deutsche Bank & UBS have thes ...

    1 comment - 0 silver bananas - Aug 7 2011 - 6:01pm -

  77. PE Accounting vs. Wealth Management finance

    I have two choices in front of me that i desperately need help with. 1. PE accounting function within a big bank. Big banks are winding down PE positions, so i may only last one year in this PE accounting role, and then need to find a job then. I'm t ...

    1 comment - 0 silver bananas - May 20 2011 - 10:09am -

  78. Bank of America GWIM offers

          Hi I had an interview with Bank of America Global Wealth Investment Management for Global Client coverage group Analyst position. I was wondering if anyone had received any feedback after your final round interviews. I had my final ro ...

    0 comments - 0 silver bananas - Nov 12 2010 - 12:18pm -

  79. FT Rotational Programs in AM still available?

          hi everyone, i was wondering if anyone knew of any asset managment / investment management companies that are still recruiting, particularly firms that offer rotational or development programs? i have interviewed for Northerntrust and ...

    0 comments - 0 silver bananas - Nov 6 2010 - 1:06am -

  80. positioning myself to work in asia- IBD/AM/

    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. ...

    1 comment - 0 silver bananas - Aug 11 2010 - 1:51pm -

  81. Wealth Management = Private Wealth Management?

          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 wealth management ...

    1 comment - 0 silver bananas - Mar 3 2010 - 3:17pm -

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