Differences between BB PWMs - UBS/ML vs JPM/GS
PWM is generally looked down upon, except for the opportunity to add "name" to your resume.
Just curious, what is the exact difference between these two categories of PWM gigs/shops?
I heard ML/UBS gigs are usually bich work. Would that be different for JPM/GS?
Read a lot of conflicting opinions on this forum about say JPM PWM/PB (some good some bad).
No discernible difference between any of them. GS is obviously the one that looks best though, followed by ML.
This does sound a like rather brutal, eat-what-you-kill system. Do their new hires at least get some draws for the interim to be deducted from future commissions?
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