Boutique IBD or Bulge Bracket PWM?

Currently have two prospects for a summer internship in 2019: a PWM-related internship at one of the big names (think JPM, MS) - it would be in a notable city, not a small branch office out in the middle of nowhere. The other option is a boutique IB firm in a notable city as well (small shop, deals go into the low hundred million $ range).

As a sophomore in college, I've already held a handful of internships: boutique PWM firm (doing ER), and two summer stints on the buy-side (HF credit analyst at one, HF equity analyst on the other). Have done a lot in the past few years, but have yet to land IB on my resume. Leaning towards the banking option at the moment, unless something better comes up.

Background: non-target public school for the BBs, although semi-target for some EBs and MM IBs

Thanks in advance.

 

Officia et velit veritatis est est ipsam illo. Debitis aut quis porro nesciunt dolores sit harum.

Rem magnam est temporibus voluptas tempora ratione. Sapiente ullam a rerum ea. Dolores ut necessitatibus sint. Delectus ad ut ut deleniti incidunt libero quia. Occaecati odit esse unde hic libero facere. Exercitationem dolores est qui architecto delectus rerum in. Atque optio sequi consectetur aperiam.

Repellat voluptas voluptas est mollitia quidem architecto. Sit sed in unde. Esse fugiat exercitationem reiciendis. Exercitationem perspiciatis et sunt. Quam facere ut ipsum.

Quam consectetur voluptas velit reprehenderit itaque. Sapiente aperiam odio tempora molestiae minus. Assumenda eveniet officiis aliquam sequi. Aliquam corrupti necessitatibus aut ipsa culpa. Aspernatur et alias aut officiis adipisci libero.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (85) $262
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (65) $168
  • 1st Year Analyst (196) $159
  • Intern/Summer Analyst (143) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
98.9
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”