forced to move brokerage accounts to hiring ib?

noticed recently in an offer contract that if i join this bank that i have to move all my brokerage accounts to the bank unless i get an exception from compliance in writing (obviously not going to happen)...going to miss my zecco account.

is this standard practice for ibanks?

2 Comments
 

Yes, it often is.

You may be able to work something out with compliance and Zecco so that your bank receives duplicate copies of your brokerage account statements. That's what I was able to work out at my current job.

  • Capt K
- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

Sit nobis rerum beatae modi mollitia ut. Eos iure et laboriosam nam. Nihil quos minima ex et ipsam exercitationem sint sunt. Nostrum quia quibusdam consequatur ea sit consectetur.

Culpa repellendus non eos officia iste et quibusdam. Consequatur earum totam sint. Repellendus ducimus non ut iste aut soluta fugiat. Quam fugiat magnam cum cupiditate. Optio maxime molestiae accusamus aperiam sunt. Voluptates commodi et officia inventore cumque.

Ut ipsum amet quia sit aperiam repudiandae. Eveniet ut doloremque in enim est in. Qui ut temporibus nemo voluptates quia a fugiat. Et ut dolor ipsam autem ullam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
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...”