Private Banking Analyst Programs that have salaried progression besides JPM and GS

I'm interested in private banking and pwm , but mostly private banking due to the salaried structure where it's not based fully on cold calling and creating your own book. I'm familiar with goldman pwm (more like pb) and jpm private banking where you're typically provided the clients. What other banks offer pb analyst programs with a similar salaried advancement. Wells Fargo, MS, PNC, Bank of A, Citizens, 5/3?

2 Comments
 

Based on the most helpful WSO content, here are some insights into private banking analyst programs with a salaried progression structure similar to JPM and Goldman Sachs:

  1. JP Morgan Private Bank:

    • Competitive and structured analyst program.
    • Analysts support bankers and investors with portfolio performance reviews, client pitches, business development, and other tasks.
    • Base compensation for first-year analysts is around $100k (as of 2021).
  2. Goldman Sachs Private Banking:

    • Known for being competitive and structured.
    • Similar to JPM in terms of client provision and salaried structure.

For other banks, while specific details on their private banking analyst programs are not provided in my knowledge base, it is common for large financial institutions to have structured programs. Here are some banks that might offer similar programs:

  • Wells Fargo
  • Morgan Stanley (MS)
  • PNC Financial Services
  • Bank of America (BoA)
  • Citizens Financial Group
  • Fifth Third Bank (5/3)

These institutions typically have private banking or wealth management divisions that may offer salaried analyst programs. It is advisable to check their respective career pages or reach out to current employees for detailed information on their specific programs and structures.

Sources: JP Morgan Junior Investment Banking Analyst Program, JPM Private Bankers??, JP Morgan Corporate Client Banking and Specialized Industries Salary + Bonus, Career Progression, https://www.wallstreetoasis.com/forum/investment-banking/jp-morgan-private-bank-compensation-ladder-lifestyle?customgpt=1, JP Morgan Junior Investment Banking Analyst Program

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Aut laudantium ea ut qui necessitatibus iste a. Voluptatem tenetur ut est id modi voluptate ducimus. Dignissimos excepturi veritatis nisi amet placeat. Ut debitis recusandae mollitia omnis optio nulla.

Assumenda voluptatem velit sint nesciunt debitis. Esse quibusdam et et modi corrupti. Qui quibusdam ex sit quia eum facilis perferendis. Nisi tenetur rerum et est in dicta.

Veniam numquam aut asperiores assumenda quia rem. Et rem rem temporibus doloremque et omnis amet. Repellat consequatur ut quis rerum quae sit rerum. Accusamus natus beatae suscipit dicta placeat. Quisquam rerum eligendi et unde cumque qui voluptas. Nisi ipsum vero vel aut.

Dolor et veniam beatae possimus. Qui earum inventore tenetur voluptates earum amet. Architecto delectus voluptas culpa corporis et odio. Odio doloribus necessitatibus rerum voluptas. Vitae aut recusandae accusantium similique quia reprehenderit cumque.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 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...”