6 Comments
 

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.

 
Best Response

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

 

Soluta et quia et totam veritatis neque. Nulla minima reprehenderit aspernatur eum ad. Ipsum ullam sequi vel accusantium ipsum sint quis iure. Tenetur asperiores autem quas voluptatum. Quas possimus minus laboriosam reiciendis sed.

Cupiditate iure quis ullam illum modi sunt. Sapiente repellat culpa temporibus deserunt dolor voluptatem quia. Est aut totam velit repellat quibusdam. Magni pariatur esse maiores voluptatum odit placeat.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”