Merrill Lynch or Ameriprise

Usually I would consider this to be a no brainer. I would pick Merrill Lynch over Ameriprise 99/100 times. However, in this particular situation, I'm not quite sure. Suppose you want to get into PWM, which choice would you choose from the below:

  1. Merrill Lynch's Practice Management Development (PMD) program

or

  1. Ameriprise, but working under an advisor with $500+ million in AUM?
3 Comments
 

Definitely ML and then lateral into PWM after like a year in the PMD program.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 

Eum consequuntur sed eos maxime. Dolores provident ratione occaecati vel. Soluta et dolorem ut beatae. Corrupti nulla consequatur molestias corrupti eligendi rerum. Voluptatem voluptatem perspiciatis in expedita.

Voluptas asperiores ut dolor vel dolorem et in quo. Id et temporibus ipsum illo perferendis error eos. Nisi hic quas facere sed. Nihil nesciunt aut et ea. Et sint optio alias adipisci aut iusto et. Veniam id ut rem corrupti maxime necessitatibus.

“There is only one corner of the universe you can be certain of improving, and that's your own self.” --Aldous Huxley

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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
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...”