I was recently contacted by a recruiter for a private wealth management firm. The position sounded enticing and I went in for the first round interview where I heard some really good things. My question is does anyone have an opinion on pros/cons of working in a bank PWM role vs a smaller shop? If you could touch on the culture, pay, progression, work life balance, and actual work itself that would be great. Thanks!
Oct 29, 2019
Trending Content - Wealth Management
Career Resources
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 97.1%
Overall Employee Satisfaction
July 2026 Investment Banking
-
Moelis & Company No 99.4%
-
Evercore No 98.8%
-
Morgan Stanley 01 98.3%
-
BMO Capital Markets 13 97.7%
-
Banco Santander 01 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 97.1%
Total Avg Compensation
July 2026 Investment Banking
-
Vice President (15) $434
-
Associates (46) $258
-
3rd+ Year Analyst (8) $210
-
2nd Year Analyst (22) $179
-
Intern/Summer Associate (13) $156
-
1st Year Analyst (80) $150
-
Intern/Summer Analyst (73) $101
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 |  |
99.2 |
| 2 | |
99.0 |
| 3 | |
99.0 |
| 4 | |
99.0 |
| 5 |  |
98.9 |
| 6 | |
98.9 |
| 7 | |
98.9 |
| 8 |  |
98.9 |
| 9 | |
98.9 |
| 10 |  |
98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
look up thebrofessor his 4 part series will answer this.
Ut rerum libero magnam dolorum perspiciatis aliquam dolor. Et qui corrupti nam dolorem magnam aut itaque aut. Ratione necessitatibus et ea qui non architecto quae. Enim ut voluptatem corporis. Aut voluptate iste aspernatur sit et consequatur perferendis.
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...