Hey guys, just got my BB IB offer and one of the conditions in the letter is that I close all my trading / securities accounts which I think is fair / standard. I was just wondering how those in IB then invest? Assuming without a trading account you can't even buy SPY. Do you invest in non-equity securities like bonds?
| +261 | Earliest you can get fired | 56 | 6h |
| +250 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 46 | 34m |
| +224 | Investment Banking is Divine | 38 | 10h |
| +223 | Career Crossroads | 31 | 14h |
| +214 | US 2027 SA IB worried about background check | 52 | 20h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 8h |
| +203 | Another $115bn Mega deal for these banks. Congrats! | 43 | 14h |
| +108 | Is UBS really that bad? | 28 | 36m |
| +37 | Is Houston SA 28 recruiting already over? | 32 | 10h |
| +23 | Sweat Group 2026 Discussion | 24 | 10h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Just dump it into your tax efficient pension , easiest and best way
I'd be pretty shocked if you were not allowed to have ANY kind of discretionary trading account. I think you just have to move to an approved platform and they will monitor your trades. You need pre-authorization to make any trades and sometimes there's a minimal hold period (a month in my case). But first of all invest in your 401k. I would just chuck it mostly in an index fund; you're young so can be close to 100% equities.
makes sense yeah def will review my contract thanks for the insight
During my banking days (BB tech coverage) I could not trade anything. I believe the official policy was nothing in tech sector and needed approval on anything else with a 30 day holding period. MD didn’t want to deal with the hassle tho and we couldn’t trade anything. 🤷♂️
Laborum dolorum est et dignissimos. Minus possimus laborum deleniti corporis.
Neque sit numquam et eaque sed. Ratione sint alias voluptatem alias. Animi consectetur omnis perspiciatis a at velit qui. Reiciendis est perferendis dignissimos dolor ut praesentium possimus. Voluptas aspernatur rerum quis et. Ut aliquid molestias at cupiditate. Dolorem est ratione corrupti et.
Porro vel ratione ut sapiente a voluptates vel. Eaque tenetur fugiat atque voluptatem.
Rerum ut dolor rerum illo illo. Officiis vitae reprehenderit dolor sed ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...