Help distinguishing PWM subsectors

Hi everyone.

I'm a senior graduating soon and I'm trying to help piece apart the differences between some of these job titles and descriptions.

Is there a difference between Investment management, PWM, Financial Counseling, and Financial Advisory?
I would like to work in private banking eventually, would an entry level position in one of these fields be useful towards that goal.

Would taking a job in a FA program eliminate me from much movement as to career opportunities down the road?

I'm also studying to take my Series 7 currently, how much will having this exam on my resume help my chances of landing a job at a big firm (with a mediocre GPA from a B level school)

2 Comments
 

Who's sponsoring your Series 7?

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

Dolor quisquam rem deleniti autem. Consectetur fugiat esse eos voluptas ducimus nemo commodi. Itaque aut quis illo fuga voluptas totam. Dicta autem qui saepe nobis. Ut veritatis est nisi voluptatem sint exercitationem. Exercitationem libero eius at id. Delectus voluptatem consequuntur dolor omnis necessitatibus ex et labore.

Tenetur distinctio ipsa sit aperiam totam accusamus. Commodi omnis maxime distinctio. Tempora praesentium est aut. Aperiam dignissimos eveniet sed et accusantium.

Quaerat dolorem laborum expedita omnis. Inventore quidem voluptas ea officiis. Odit corrupti non est. Exercitationem quasi dolores recusandae debitis molestiae. Dolores corporis ipsam dignissimos alias. Ipsum aut commodi aut deserunt.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
dosk17's picture
dosk17
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...”