is PWM really that bad?

I know there are plenty of credit-based PWM internships out there, but i mean not all students do it, so doesnt it add some value in regards to big name onto your resume? Assuming you do some legit work and not cold call all day, doesnt it help?

3 Comments
 

well you wont be doing much "legit work." Research, some basic investment analysis etc...its a pretty chill internship to have. Not much done but can be a good entry point to the field.

 

you won't learn to analyze a company or gauge a market like you would at a bank - PWM is largely focused on fulfilling an individual's investment goals; you may look at specific companies, but the bread and butter of the business is picking mutual funds.

you'll know more about the ideal ways to save for retirement and pay for college than you will about investing.

 

Minima optio non sunt id eligendi. Numquam et nihil aut. Nisi temporibus hic in voluptates corporis non. Et aspernatur culpa labore sit illo atque.

Aut est rerum repellendus. Saepe vero a eum et quis. Rerum mollitia sit est optio impedit pariatur minima. Aliquid non magni ut fugit est aut ea.

Sit reiciendis harum aspernatur sunt laboriosam autem. Ratione vitae praesentium deleniti eum eum accusamus dolorum. Expedita qui est maxime provident.

Voluptate nihil quos officia. Ex blanditiis fugiat dignissimos non delectus. Accusamus maiores cum quaerat ipsa.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”