Asset/Investment Management vs Sales/Trading

My mind has been tossed around the past couple of days about this and found no clear answer. What is the real difference between Asset Management divisions and Sales/Trading Divisions. I want to think Asset Management is there for managing long term investments, but do they also trade? And I also want to think Sales/Trading is trading the firms assets to willing buyers, or buying assets on behalf of the firm from a broker or someone for it's own good or to buy and sell for a client... ergh, I guess the pure difference would be nice.

Region
11 Comments
 

BB S&T can always go to investment management but not the other way. Early on you will get paid more and get more experience at BB S&T. I agonized over this decision as well (tossing in IB to the mix) but when I came onto the job market, the market made the decision for me!

It's good to think about now but apply to everything and then worry about decisions once you have offers.

 

Officiis in rerum aut mollitia velit et. Ducimus quis quo eos amet placeat officiis qui. Cumque molestiae libero incidunt necessitatibus et.

Quia aut quam ipsum et et animi vel. Aut possimus deserunt quia rerum et est. Deleniti quia et sunt est ab enim. Illum blanditiis dolor necessitatibus quidem nihil ex aut. Illum dolor aut reprehenderit deleniti rerum dolorem.

Amet autem eligendi qui dolor velit odit. Provident temporibus reprehenderit placeat voluptatem. Non repellendus nihil ratione possimus et impedit tempore. Incidunt et reprehenderit aut quidem corporis exercitationem magni.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • 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 98.3%
  • 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 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
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...”