JPM Private Banking VS GS PWM (SA Position)

Hi guys, looking for some external advise regarding this very important career choice that I have to make pretty soon. I have received offers for both JPM Private Banking VS GS PWM (SA Position) and I am having a little trouble deciding. Essentially the choice I make will impact the next 3 years of my career as I hope to get the full-time offer after the summer program. Can anyone bring some insight in which firm they think would be the better choice and why? Thanks for your input.

Comments (10)

Feb 27, 2012 - 11:10pm
Neighbor, what's your opinion? Comment below:

GS is not well-established within the PWM sector, while JPM PB is generally regarded as top-tier and manages wealthier individuals.

I didn't say it was your fault, I said I was blaming you.
  • 1
Feb 27, 2012 - 11:23pm
Mr. G, what's your opinion? Comment below:

Thanks for the feedback - that is the same thing I've heard during my research the past week. I am leaning towards JPM.

Feb 28, 2012 - 11:55pm
MoneyTalksMonkeysWalk, what's your opinion? Comment below:

You should find someone who knows what the hours are like at the office you are interviewing for at GS. I know the hours at JPM PB can be pretty bad depending on the group / office...especially considering it is not IB pay.

  • 1
Best Response
Feb 24, 2013 - 2:37pm
Keres, what's your opinion? Comment below:

JPM PB vs. GS PWM for IB (Originally Posted: 06/01/2013)

Guys I got 2 offers for my sophomore summer internship (don't ask why its so late, long story) one is JPM Private Banking and the other is GS PWM. I have absolutely no idea which one to choose and I want to do a BB IBD SA next year. GS has the brand name but in terms of work there I don't think it will be anything substantial. From what I've heard JPM PB is the gold standard in PWM/PB and its also very competitive to get in my school but my main question is do the BB IBDs know this about JPM or do they just jizz over GS? Which one do you think I should choose guys? Would also appreciate it if I could get any professionals to chime in. Thanks

Feb 24, 2013 - 2:38pm
Waymon3x6, what's your opinion? Comment below:

You just asked this yesterday...

http://www.wallstreetoasis.com/forums/sophomore-internship-choice-need-professionals-plz

Array
Feb 24, 2013 - 2:40pm
mightymouse99, what's your opinion? Comment below:

Optio voluptates ea ipsam saepe sequi aliquam aut. Culpa voluptates vel aliquid. Optio a ducimus perspiciatis nesciunt autem ipsum ratione.

Consequatur beatae et dolore molestias est cupiditate libero. Qui tempore cumque autem in. Sapiente omnis assumenda perferendis illum magnam qui dolores. Incidunt ipsam in impedit totam. Omnis tenetur illum accusamus et. Sed temporibus laborum dolorem.

Voluptatem eum et necessitatibus aut. Tempore impedit labore ipsum adipisci qui est. Modi ullam quaerat molestias rerum sint reiciendis.

Start Discussion

Career Advancement Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (= =) 99.2%
  • Bank of America Merrill Lynch (▲04) 98.8%
  • Financial Technology Partners (+ +) 98.5%
  • Evercore (▽02) 98.1%

Overall Employee Satisfaction

September 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Greenhill (▲07) 99.2%
  • Evercore (▲01) 98.8%
  • PJT Partners (▽02) 98.4%
  • Macquarie Group Limited ABN (▲20) 98.1%

Professional Growth Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (▲03) 99.2%
  • PwC Corporate Finance (▲12) 98.8%
  • Bank of America Merrill Lynch (▲05) 98.5%
  • Houlihan Lokey (▲05) 98.1%

Total Avg Compensation

September 2022 Investment Banking

  • Director/MD (10) $613
  • Intern/Summer Analyst (318) $407
  • Vice President (38) $392
  • Associates (208) $257
  • 2nd Year Analyst (130) $163
  • 3rd+ Year Analyst (18) $159
  • 1st Year Analyst (435) $151
  • Intern/Summer Associate (83) $150