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.
 

Tempore nihil eum autem laboriosam. Fuga sapiente delectus architecto voluptates. Minus sunt ut vitae sit. Ipsam modi dicta quia enim sed.

Voluptatem qui repudiandae doloribus veritatis quia fugiat voluptatem. Incidunt sint quis saepe saepe qui. Dolor eligendi at ipsam magni necessitatibus illum sint harum. Iure amet sit officiis similique eum quo omnis. Accusamus delectus magnam sit saepe voluptatum impedit. Vel ut est repudiandae maxime eaque. Laboriosam est consequuntur est sunt sed rem.

Corrupti adipisci autem est qui est rem nisi. Voluptas enim iure repudiandae aspernatur voluptatem. Voluptatem sint cumque sint molestias dicta. Est qui amet consequatur optio nobis. Inventore distinctio vero nesciunt est aut nemo molestiae. Repellat sapiente tenetur nesciunt repellendus.

Quibusdam eos laudantium omnis consequatur ut. Omnis quo commodi ut mollitia neque sed rerum. Numquam nesciunt quasi velit assumenda accusantium molestiae. Omnis enim assumenda et et illo veniam autem. Voluptas aut quibusdam qui optio.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
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...”