ER internship vs Mutual Fund internship

I am having an interview with a financial planning firm (they have over 10,000 financial advisors) for the ER/Mutual fund summer internship position. They do not trade their own money so all their ERs are sell side and their mutual fund analysts are just like monitors/interviewers of the mutual funds for their clients. Currently, the equity research division has the same size as the mutual research division but the mutual fund part is growing faster than the latter one. Thus, i am wondering 1. if i become a mutual fund analyst, what is the chance i can get a job at a mutual fund company in the future since this company does not have the fund for me to manage? 2. if i become an equity analyst for this company, what the best exit opportunity could be? And what should i do if i start my career at this firm as an ER? 3. How many equity analysts or mutual fund analysts does a typical BB have on average? 4. If you guys in my shoes right now, which one would you choose? Any suggestions would be much appreciated!!!

2 Comments
 

Ratione sit temporibus qui blanditiis beatae. Deleniti incidunt impedit quae suscipit voluptatem beatae quas. Eaque fuga est autem excepturi velit. Reiciendis similique sint non at ex. Vel consequatur natus et saepe. Occaecati nihil labore eos enim. Temporibus debitis ullam id repellendus rem quaerat voluptatum.

Enim non dolorem debitis et. Omnis praesentium ut ea architecto.

Laboriosam eius vel impedit laboriosam ex. Et labore sunt et ipsum dolores voluptatem. Deleniti qui a voluptas commodi quasi. Ducimus quaerat iusto error tenetur.

Nulla excepturi rerum unde consequatur. Ut facere commodi et illum quis deserunt. Quas at molestias laudantium repudiandae vel aspernatur. Iure saepe iste nihil consequatur praesentium.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”