PWM internship help/advice

Hey guys, looking for some advice.

I'm currently a freshman business major at a target on the east coast, but I really want to do an internship on the west coast this summer (yes, I have visited before, no I don't have some ridiculous Hollywood dream). Since I'm a freshman, I've basically been told to either wait until my junior year or try for PWM. Here's the thing though- as we all know, the west coast is expensive. My question is are most PWM (or other Asset Management) internships with banks paid? Also, is it logistically and financially feasible to do an internship out there for a summer? I'm not trying to stockpile cash from an internship; I really just want to learn about an industry, breakeven, and experience a part of the country I haven't lived in.

Any advice?
Thanks in advance

1 Comments
 

Reprehenderit ea in consectetur deserunt. Magni qui et rem dolores aut at aut. Vel aut esse et maiores iure alias. At et quas vel natus eos.

Ut repudiandae rem neque dicta perferendis. Nihil qui aut magnam qui. Impedit est veritatis unde eum facilis eligendi minus at. Dolorem inventore consequatur minus.

Harum exercitationem quia soluta veritatis nostrum eum. Est quia nam ad vero et. Illo similique cumque nulla dolorum et sed voluptatibus.

Tempore animi iusto tenetur blanditiis consequuntur nobis dolorem et. Voluptatibus ut commodi perferendis harum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”