Comments (6)

15y
Krakauer, what's your opinion? Comment below:

What do you mean by PWM? Private banking? Or lower net worth clients?

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15y
Krakauer, what's your opinion? Comment below:

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.

  • 2
15y
analyst123, what's your opinion? Comment below:

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.

15y
deadjackal, what's your opinion? Comment below:

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

2mo
Matsby, what's your opinion? Comment below:

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