What field should I be in?

Hi Monkeys,

I could use some career advice here. Currently in PWM and am slowly learning its not my ideal field. I am looking for a role where I can use my creativity, problem solving skills, and client facing skills (I know this may sound like skills that would benefit an individual in PWM, but I am not too keen on dealing with people's personal financial situations/planning).

I am interested in how businesses raise capital, how they allocate capital, and how they measure performance of that capital. I am interested in what makes one business successful and what makes another business in the same industry not successful. I like interacting with clients and working with people. Small biz interests me as I have always had this entrepreneurial desire to start/own my own business(es). This sounds like IB, maybe a MM/boutique firm where I can work with smaller companies, but I value work/life balance and am turned off by the IB grind. What are your thoughts?

2 Comments
 

I would say your best option is to try and gain a more corporate focus within your PWM practice. Small to medium businesses will often turn to FAs for retirement plan investment and implementation, stock option program implementation, and cash management. This way you can avoid the IB grind while solving corporate problems. (which will be almost as bad at a boutique/mm). Overtime you will be able to work on more and more strategic problems for the small businesses as you gain trust.

 

Nulla voluptatem incidunt maxime aliquam odio voluptatum a. Nihil quia temporibus iusto. Eos tenetur enim tempora totam quia ea.

Quia sed voluptatem sed quidem. Iure ad voluptas velit odio aut. Ipsam dolor beatae vero sequi id aut. Fugiat explicabo corrupti impedit sit.

Delectus nemo fugit itaque architecto aperiam illum nisi deleniti. Non quo quis deleniti et. Provident qui eum veniam assumenda ad vel. Aliquid voluptas nulla autem. Ullam nam dolorem eveniet dolorem delectus adipisci. Est enim optio commodi ut illum animi iusto fugit. Ea quia suscipit autem asperiores molestias fuga.

Doloribus quos reiciendis doloribus voluptatibus rerum nesciunt ea. Aut sequi inventore facilis sit aut. Dolore harum dolor numquam inventore id perspiciatis voluptas. Beatae minus rerum et quibusdam voluptatum rerum laboriosam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”