Moving from Consulting into PWM
Has anyone here moved from Consulting (Strategy/Finance at a B4 firm) into PWM? I've been accepted into a T15 MBA and am considering PWM as a career option after that.
I'm wondering if it's common path to get into the PWM world - are there firms that hire MBA's more often than others? I know it's not necessarily required, but is it viewed favorably by firms for new hires?
Any other advice is welcomed!
Bump for the bots.
No, MBA -> PWM is not the common path.
I went directly into PWM so can't relate w/ direct experience on this path. I would imagine that you already know this, but an MBA is definitely not required to enter or succeed in PWM. There might be mild network benefits but those would be heavily outweighed by the MBA cost.
Would recommend you check out Brofessor's posts on PWM if you aren't familiar with them, might help your understanding of that world & what's worthwhile.
Seconded. I started off in PWM in college, but @Brofesser is still going.
Mba makes sense if you want to go the private banking route (jpm or Goldman).
JPM and Goldman have relatively large MBA recruiting programs. Last summer JPM had around 45 MBA summer associates. I joined through an MBA. It's really the only way to get into a Goldman or JPM without working somewhere else first and being a lateral hire.
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