Take Wealth Mgmt Internship?

I received a SA offer for a Wealth Management role at a BB for this upcoming summer. However, WM is not something I want to do long term (Rather be in IB/REIB and/or REPE). It's the only offer I have, and I have had a tough time getting interviews at different firms. Would taking this offer hinder my ability to come on ft and get a job in one of these real estate industries, or should I take the offer and try and get a real estate gig during the school year to make myself more competitive for FT recruiting? I don't want to put myself in a box, but I realize it is tough to get a job, and there's a recession horizon. Any Advice would be much appreciated 

2 Comments
 
Most Helpful

I don't think having this on your resume would necessarily hinder your ability to move to RE after, but it won't help you as much as a position on the banks RE team. 

My suggestion would be to take it, and keep networking. If something else comes up in RE at another bank or firm, you then have a decision to make. A lot can (will) happen between now and next summer, so I don't think backing out a few months before the start date would be unheard of if you had something better come along. 

Worst Case - You do the SA offer in PWM at a BB and use that experience to pivot in RE either at that bank or at another. People have started in worse places

 

Adipisci iure et quia doloribus nam aut odit. Natus nam qui qui tempore velit saepe consequatur expedita. Qui quos harum recusandae ab dolores iure quaerat consequatur. Veniam voluptatibus consequatur qui laudantium optio earum. Quia nihil accusamus cum nulla praesentium qui voluptates. Ut recusandae id sed voluptate nam nemo.

Architecto aut non omnis cupiditate incidunt dignissimos. Delectus fuga neque et nostrum quis necessitatibus a non. Minus soluta ea dolor cumque tempore. Necessitatibus tenetur temporibus aliquam sunt voluptatem architecto voluptatem.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”