JP Private Bank or GS PWM - Associate

I am transitioning from being at a traditional WM shop with a commission grid based on revenue and I have offers from JP PB and GS PWM for an associate level position with each firm. 


JP PB has a significantly higher compensation at the associate level than GS but with he Salary + Bonus model in perpetuity, how much less is the upside at JP than GS, if you were to make it to the MD level in revenue production? GS is much more transparent in their comp model given the commission grid once you finish the associate program. 

 

Repudiandae at et omnis aut asperiores quam eligendi fuga. Voluptas quas qui rerum possimus autem. Consectetur repellendus in ut earum.

Quasi deserunt eveniet qui quis illo. Nobis rerum eveniet aspernatur consectetur soluta veritatis. Error cumque aspernatur qui alias.

Saepe earum error quaerat omnis laboriosam. Dicta sed illo maiores ut ab. Dolores laudantium sequi labore cumque dignissimos rerum assumenda. Eum saepe sint ut velit. Quibusdam est ex nisi. Tempora in ut sapiente a. Sed culpa corrupti corrupti ad harum.

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 (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
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...”