 | Topic | Replies |
|---|---|---|
| +5 | WSO Hall of Fame: Asset Management Forum The Wall Street Oasis Asset Management Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the asset management industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please navigate... | 0 |
| +7 | Fidelity Investments Investment Research Associate Internship 2019I jut got a first round for Fidelity’s Investment Research Associate Internship for Summer 2019 and was wondering what questions to expect/tips for the interview. Any help is appreciated, thanks.... | 66 |
Russell Investments - Review - OperationsEmployee training programs for interns, company culture is very relaxed. Touches all parts of asset management business. . Upper management has changed frequently, direction is not very focused. Parts of the business are struggling and is reflected in lower ranks. ... | ||
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Deloitte Corporate Finance LLC - Review - Generalistemployeess are extremelyhelpful, team size is small so everyone can know each other better. Overall great. little bit less training compared with major competitors. the management seems not care that much on this... | ||
| 0 | Asset Management vs BB SalesWhat are the main differences between sales and asset management? It seems that the roles are fairly similar.... | 0 |
Dimensional Fund Advisors - Review - N/AGreat work culture people want to help. Growing company with lots of growth ops. great cities and mobility. Dull work explaining basic finance to random investors who have no idea what they are doing. Lots of useless training. ... | ||
| +3 | JPMorgan Chase SA 2019 Wealth Management InternIt doesn't seem like there's a thread for this but I just got the HireVue for the WM 2019 internship. I'm curious if anyone else did as well and whether or not the questions will be the same as they are for the IBD HireVue. Best of luck to everyone in the running!... | 35 |
| +2 | Hirevue JPMorgan Chase SA 2019 Asset Management?????Does anyone have any questions/insight into the Hirevue questions for JPMorgan Chase SA 2019 Asset Management in NYC? I'm assuming its behavior, but since this is my first hirevue-no clue. Also, is this a first round or still an initial screening type of process (automated or does it mean something?... | 10 |
Bank of America - Interview - AdvisoryTell me about a time you faced a challenge and how did you overcome that challenge. To be honest, this was the hardest question asked by the interviewer on the Superday so if you brush up on: tell me about yourself, why BofA, why the Advisor Development Summer Analyst Program, you will be golden. No... | ||
CIBC World Markets - Review - Private Wealth ManagementNot insane hours like IB. Generally, a pretty relaxed environment that can be done mindlessly. Lots of interesting clients to learn about.. Very dry. Virtually zero excitement in the industry, and if your IA is an ass then the morale can be awful too.... | ||
| 0 | Have an offer from a long-only fund....feeling super stressed out.Hi Everyone, I have been interested in stocks and public markets investing for a while now and have diligently pursued my interest (reading investing books, doing bottoms up investing, creating stock pitches etc). I became interested in stock markets about 7 years ago when I had created a pitch, cr... | 0 |
Point72 - Review - Quantitative ResearchI was in the Market Intelligence group. Full of smart people, good hours, good company events. Projects were interesting and I had a lot of freedom in where to take the project.. Not much room for growth. We spend so much time developing alpha or trading signals, but they get sent to discretionary s... | ||
| +2 | Timeline to become a Sports/Entertainment Division PMGoodmorning, I'm hoping I can get some advice about my career path. I'm currently 20 years old, graduating from Colorado State University - Fort Collins with a Bachelor of Science in Business Administration Dual Concentration in Finance - Investment Analysis and Real Estate. Unfortunately, because I... | 10 |
| +1 | What can a non-finance major expect in an Asset Management Interview?Hey Everyone, I am a senior at Michigan from a software engineering background with no finance experience. I applied to an AM FT opportunity because I thought it sounded interesting and FO high finance is something I always wanted to look into, but I thought my GPA was much too low (sub 3.0). I g... | 5 |
| +3 | Guggenheim Corporate Credit GroupHas anyone been through the interview process with this group or have any helpful insight about them? Have an upcoming phone interview and can't find much online about the group in general. Thanks in advance... | 8 |
The Vanguard Group - Review - InvestmentsGood balance. Hours and lifestyle are relaxed and manageable. Nothing really to complain about. Rather content. Not the best vertical career opportunity. The job is sound and important to the firm, but as far as personal development into front office the outlook is okay. ... | ||
| +3 | Blackrock interview (completely lost)Hey guys, today I received my invitation for the blackrock spring week superday in London. But I´m totally lost! It´s for the Financial Market Advisory, but I have no clue what it is or what to expect (keep in mind that I´m a freshmen). Could someone help?... | 11 |
BlackRock - Interview - Asset ManagementThe primary questions were behavioral. They wanted to know as much as possible about my past experiences doing research and interacting in difficult situations. I explained to many interviewers about my research experience at another internship, and my difficult experiences managing a student grou... | ||
| +1 | Goldman PWM vs BAML Global Wealth Investment ManagementHi all, I currently have an offer from GS PWM, and an interview coming up for BAML Global Wealth and Investment Management. Wondering which you think is better... GS seems more prestigious from what I can tell? Basically, should I even bother doing the BAML interview? Thanks.... | 1 |
MassMutual Financial Group - Review - GeneralistGreat company culture. Everyone was very friendly and encouraged my daily learning about the industry.. There is not much to say in response to cons. I had an overall fantastic experience and enjoyed everybody I worked with.... | ||
| +1 | Career Advice For Soon-to-be-Graduate with AM ExperienceHi all, I just got some unfortunate news from my summer internship and am hoping for some good advice. Appreciate whatever input you have. Here's the situation: I interned at one of the offices of a long-only equities asset management firm with over $100 billion AUM. The internship went well in t... | 1 |
| +1 | Thoughts on Waterfall Asset Management?Has anyone heard of Waterfall Asset Management or worked there? Curious to get some more opinions on the firm. It's a New York based hedge fund with $8 billion under management. What's the work/life like? Compensation? Reputation? Exit opps, if you even need to leave.... | 3 |
Deloitte - Review - Asset ManagementLearning curve is great, and I mastered several excel skills, meeting with customers on a regular basis.. Working hours are long! basically the juniors took most of the workload that seemed repetitive and took long hours to complete.... | ||
Bank of America Merrill Lynch - Review - Private Wealth Management40 hour weeks each week. Good exposure to senior management. Many networking opportunities within Bank of America.. Minimal work to do. Difficult to switch to different line of business. Not much guidance from management. ... | ||
| +1 | Superday with No Networking - what are my chances?Hi WSO, I have a superday with Goldman's Investment Management Division (PWM, AM Client Business, Insurance) coming up. I was very surprised (and lucky, I presume) to get the interview, as I have done literally 0 networking with anyone at Goldman. I am an Econ major from a target with a 3.85. I've... | 5 |
Credit Suisse - Interview - CreditMost of the interview questions are not hard. But expect questions from both credit side as well as company side. They ask a great and detailed question about credit analysis including with is EBITDA coverage? What is the most optimal debt structure for a company? The difference between Term loan an... | ||
| +1 | Houlihan Lokey Financial Advisory Services (Portfolio Valuation) Phone interviewHi guys, I have a phone interview coming up with Houlihan Lokey's Portfolio Valuation group for an experienced analyst position. I wanted to ask if any of you had experience with HL's first round phone interviews. The person who is interviewing is from HR. Keeping that in mind, do you think I shoul... | 3 |
| +1 | AllianceBerstein associate interview, what models should I know?What types of financial modeling should I know for an Associate interview at AllianceBernstein? Got a phone interview on Thursday, but I am trying to prepare for the on-site interview here if I move forward. I have studied the IB interview guide so I know the valuation, accounting, and finance part,... | 2 |
Merrill Lynch Wealth Managment - Review - Private Wealth ManagementGood stepping stone to Finance industry, will get resume boost as a college without Finance experience.. Really nothing to learn about, especially as an intern. I only did most administration type of works.... | ||
Bank of America Merrill Lynch - Review - Private Wealth ManagementPeople were nice. I worked there every day and the boss would let me take time off to go to lunch or go into his office every day to ask questions.. Internship hours could be longer. I believe I could have learned more about the industry as well during my time there.... | ||
Northern Trust - Review - Asset ManagementFinancially stable firm with history of prudent management and careful assessment of risk. Very good work/life balance. . Decision-making can be slow moving at times. In some cases, the asset management business does not carry as strong a brand as at other firms. ... | ||
US Trust - Review - InvestmentsThe internship was enjoyable and the people were great. It was a very low stress slow paced environment. . It was more of a administrative position rather than a finance position. They were hiring people with no finance experience consistently. ... | ||
| +1 | 2019 JPM Asset Management Clients Summer Analyst - HK/SGWould like to create a thread on this position. I know their deadline is on 10/29 but some I know some hirevues have been sent out already. Any updates anyone?... | 1 |
National Bank of Canada - Review - N/AGood company with many benefits such as healthcare, vision, dental, etc. with excellent pension plan (defined benefit). Employee share program allows up to 8% contributions and they contribute 50%. . IT systems are very outdated and various mid and back offices are silod. Also certain business lines... | ||
National Bank of Canada - Review - N/AThe company provides many benefits, such as healthcare, dental, vision etc and employee share compensation plan. The pension is still a defined benefit plan which is excellent and rare if you plan to build your career at the bank. The culture is good and most business lines encourage education. Ther... | ||
Acadian Asset Management - Review - Investment ResearchGreat experience, lots of hands-on learning. Meet lots of interesting, smart people. Very good hours.. No many cons, maybe more activities for interns would be nice to learn more about the firm and get to know each other.... | ||
Capital Group Companies - Review - Strategy and OperationsCapital Group is a good company to work for if you're looking for a laid back and inclusive culture. . Capital Group is definitely a very flat organization, meaning that there is not a lot of room to move up. ... | ||
Wells Fargo and Company - Review - Investment ManagementGreat people to work with. Beautiful office. Relaxed environment, no obligation to work overtime hours.. Not the best location and there weren't very many location options. Full time offers were not given, you had to apply to the program. Out of 125 interns across the country, there were only 20 ful... | ||
Merrill Lynch Wealth Managment - Review - Wealth ManagementOpportunity to build business with brand support Opportunity for outsized compensation without bschool. 90+% fail rate in PMD program Can be difficult to pivot out of sales position if failed out (depends on individual)... | ||
New York Life - Interview - Private Wealth Management Why do you want to work here? What do you think inhibits people from getting the job done correctly? Was there ever a time you couldn't find a solution to your problem? What was the biggest success throughout your career? what was the biggest frustration throughout your career? Tell me about the mo... | ||
TD Ameritrade - Review - SalesAbility to do what you want when you want. Very nice clients. Good benefits. Strong corporate vision.. Complexity of systems is through the roof. Too many cooks in the kitchen. Some arrogant employees.... | ||
Merrill Lynch Wealth Managment - Review - InvestmentsThe pay is good for the hours, very little in terms of need to work past normal working hours. Very social working atmosphere. . Very little in way of upward mobility, anything more interesting along my current path within investments would require moving to New York if I wanted to stay within the c... | ||
Goldman Sachs - Interview - Private Wealth ManagementI failed to answer the 5 things you can do with excess cash on your balance sheet. I only came up with 3 which was M+A, buy additional shares, and invest in existing businesses. In terms of the Goldman Sachs Atlanta PWM questions I was able to articulate why I was interested in those specifics so I ... | ||
Prudential - Review - Technology, Media and Telecom (TMT)Culture is great. Work life balance is good, they don't make you stay longer than 5 Everyone is friendly. Not as fast paced as i would've liked More women involved in the company would've been nice Not many young people working... | ||
The Vanguard Group - Review - InvestmentsGood culture, great people, comfortable working place. Managers are willing to help and share their experiences with interns.. Pay rate is lower than peers. ... | ||
Pacific Life Insurance Company - Review - N/AThe culture of the company was very tight. People were really helpful and always went out of their way to make you feel part of the team.. Because it is a small company, they could did give out full-time offers as they only wanted graduating seniors and majority of the interns were juniors.... | ||
Fisher Investments - Interview - N/AThere were not any really difficult or unexpected interview questions. Mostly behavioral. "Tell me about a time that you were able to exceed expectations" and then the flip side of that "tell me about a time that you did not meet expectations." It was very conversational, also asked "what is your gr... | ||
| +1 | Is Strategic Planning (Wealth Management) a FO role?As the title says, Is strategic planning in wealth management a front office position? I've seen on the job description that it will also allow you to take the CFA during the program cheers... | 1 |
JPMorgan Chase - Review - Investment ResearchVery encouraging environment. Leaders are well-seasoned and have extreme knowledge in their field of work.. The system is very bureaucratic. It takes a significant length of time to get work done, change a process, etc.... | ||
Goldman Sachs - Review - Asset ManagementGood name and good learning experience. You get a lot of hands on experience in preparing investment pitches to clients. Culture is very local it's difficult to fit in if you dont speak cantonese/mandarin Chinese. Hours long Most people are nice though. ... | ||
| +1 | Citi Private Bank InsightAnybody have some insight about Citi PB? Culture, Opportunities, Prestige etc. I hear they are well positioned within the Family Office space, any other insight? Thanks!!! Applied to summer analyst spot... | 1 |
State Street Corporation - Review - OperationsFriendly people, relaxed atmosphere. My line manager is quite a chill guy and work life bakance is quite good. the pay is quite low and the chance to move upward seem bleak. It takes a long time to get promoted. ... | ||
Raymond James Financial Inc. - Review - Private Wealth ManagementGreat office location, friendly people working there, okay to work on full time job applications/ phone interviews . only intern, office had few people working there, most older people. ate lunch out by myself a decent amount... | ||
| +32 | Private Wealth Management/Private Banking Guide for AssociatesOnce and for all - Here is the best guidebook I can give you for PWM/PB at the Associate level. Enjoy and show me some love... 1.1 What is Private Wealth Management? 1.2 Who is a High Net Worth Investor? 1.3 Industry Today 1.4 Career Paths within Private Wealth Management 1.5 How to Build a Book ... | 18 |
Wells Fargo and Company - Review - Private Banking- great work-life balance - managers and other associates are extremely open and happy to help interns with anything . - interns are not really offered to come back for full time - too much down time - no real structure on what work you'll be doing, just depends on business need... | ||
JPMorgan Chase - Interview - Private BankingUnexpected questions include a market sizing question and when I asked the interviewer what he thought about the firm's culture and environment, the interviewer told me to answer my own question. It wasn't necessarily difficult (question: estimate the annual sales for toothbrushes sold in New York C... | ||
| +7 | Asset Management - Analyst Path Questions Hey everyone, looking for some quick career guidance from some AM professionals on the street. Currently (a URM) in undergrad semi/non-target in NYC, and as of now my goal is to end up at an institutional Asset Manager like BlackRock/GSAM/Fidelity. Realizing how few spots and competitive it is to ... | 31 |
| +1 | GSAM Americas client business Could anyone share some insight on this group? Have an interview for an analyst position on the pensions team. Thanks for your time. ... | 1 |