Boutique to WM to IBD?

Hey guys, I have a question about whether or not its good to do an internship in WM AFTER already having interned at a boutique. I have done internships at a small PWM firm, small hedge fund and boutique and am trying to add something to my resume hopefully by the time interview season starts. The reason why I'm doing this is because it's MSWM, and from what I've seen they have multiple advisers ranked top 100 on WSJ for AUM... Would this hurt my banking resume to work in MSWM to get exp at a good WM shop / do something finance related before the summer other than banking? Don't see any spring banking internships currently.

Thanks for your help.

3 Comments
 

If you have 3 finance related internships already I REALLY don't see any further internship experience helping your app much. If you do decide to do the WM gig then think of a reason why you want to do banking after 2 stints in WM because you will surely get asked that. As you know the roles are very very different and attract usually different types of people.

 

Thanks Black Jack. You make a good point on the types of people they attract. I'm doing it for the money and because it's MS, so I figure working in a quality organization as opposed to only having worked at non-brand places, otherwise they may think I'm on that track on not BB worthy.

 

Dicta sunt et quas. Cum inventore rerum et ipsam saepe assumenda quo. Itaque aut atque voluptatem doloremque nobis quo architecto. Provident dolorem nemo ab expedita quia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”