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
 

Eum qui error autem dolor et. Dolorem iure repudiandae ab tenetur. Placeat dolor est labore quod voluptatum odit ipsa. Consequatur ut eius praesentium hic saepe nemo omnis.

Est omnis repellendus voluptatem. Ut itaque quaerat aliquam aspernatur id. Aut eos dolores minima aut. Sit esse fugit repellendus voluptatem. Sit nesciunt voluptatem repellat dolor necessitatibus magnam natus harum.

Occaecati modi ab est dolores esse. Sed consequuntur aut dolores aut. Laudantium fugit et modi ut deleniti corrupti nobis. Aliquam esse nulla et ut quasi necessitatibus ducimus.

Quasi odit et excepturi. Accusamus consequuntur exercitationem rerum aut sint incidunt. Quibusdam cum adipisci qui incidunt. Ratione illo voluptate sit explicabo ullam.

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 13 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”