[Freshman] UBS PWM Internship

Question

I had a phone call with a VP at UBS, and it went great. The VP said he would love to have my on board this Summer, and would get back to me after talking to the people at his bank (he told me it would be unpaid). My ultimate goal is to work in BB investment banking but I do go to a non-target so realistically I just want to work at a boutique investment bank or middle-market since BB is impossible.

I've been reading some older threads, and the general consenus is that PWM really holds no weight when it comes to IB recruiting.

bankerboy252 · Accepted Answer

Yes – take it.

It'll be a great building block for the future as you're just doing this at a freshman summer, and will ultimately open more doors in the industry when you're looking for further opportunities. Unpaid sucks and PWM internships are more administrative than much else, but it's the first step. I came from a non-target as well and have since joined a BB, so make sure you network hard and push to what you want. It's not easy, but it's possible.

Lastly, UBS is still a BB bank, and the name does hold weight in the industry.

bankstaaa · Answer

aphenophilia hey man, I got ur PM but my account is too new. Basically, just hop on Google Maps, look up "Wealth Management" and try to find a couple of firms. Just aim for something like Merrill Lynch, UBS, etc. Go on LinkedIn, send a message to the VPs asking for a time to talk about your interests in PWM. It's really not that hard to get one of these internships, they won't turn down free work.

EDIT: If you wanna aim high (which you should) try to find a couple of small IBs nearby and do the like. Nothing wrong with trying especially if you go to a target/semi-target

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[Freshman] UBS PWM Internship

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[Freshman] UBS PWM Internship

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