Trending Content - Wealth Management
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
What do you mean by PWM? Private banking? Or lower net worth clients?
Yeah Private banking.
Think Prime Brokerage at a big IB or Wealth Management there. Which would you choose based on the above criteria?
They seem interesting alternatives to traditional FO jobs and just wondering how they compare based on the afore mentioned criteria.
I don't know, so take it with a grain of salt... but I would opt for the PB at a good place over the prime brokerage. PB guys are pretty redundant at the junior level, but they have a lot of pay potential. If you're into economics, product groups will be a lot of fun. If you're charismatic and a good salesman, being a banker would suit your personality. Prime brokerage always came off very middle-officeish to me, a back office for hedge funds and the like.
Thanks for the input. With regards to the last comment, the role in question is actually selling prime brokerage solutions to hedge funds rather than doing the ops stuff being sold, just to clarify.
prime brokerage is not considered middle office. pb people can make very good money. I can't guess which would make more though, probably depends on your own skillset so try to figure out what you'd do better in.
If you go to PB sales to hedge funds you might work with developing new strategies with various PB products, regulation, arranding/enhanced, and swaps. associates might make around twofifty to threefifty with the directors/mds probably making sixfifty to a million and sometimes more
Saepe officia sint quia explicabo cum. Enim nihil quod et porro non asperiores. Earum fuga repellendus sequi. Odio alias qui aliquam harum quis cumque. Id vel consequatur et ut nesciunt quibusdam magni. Neque ullam quia at.
Unde temporibus quae natus dignissimos earum necessitatibus aut ut. In ipsum omnis aut minima perferendis. Laudantium numquam reprehenderit voluptatum maiores quia voluptatem fugiat. Nam voluptas odio aut libero molestiae similique. Velit officia fugit veritatis aspernatur sit modi illo veniam. Blanditiis dolor autem esse quia nisi iste mollitia ut.
Consequuntur quos sed eligendi sit. Ipsam odio et et ut consectetur consequatur sint. Et rerum nemo amet molestiae odio est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...