Small PWM Internship or Internship for Incredibly Small Boutique?

Hi Fellow Chimps,

I currently need help deciding which internship I should do. My end goal is to pursue a career in Valuation/IB or Middle Office (if I want nicer hours). The two offers I have are:

  • Small PWM Firm --> I can intern for a firm with about 115 million AUM, but I would primarily be doing admin work and helping them with back office/middle office jobs. There is some opportunity to get involved with the asset management/portfolio management aspect. The firm mainly does financial planning.

  • Small IB Boutique --> Firm has one employee (the founder) and I am involved with helping him with his consulting role. He is helping a Block-Chain Start - Up, and my responsibilities will include researching business models, utilizing PitchBook to send emails, and "financial modeling" - which is just plugging in numbers into excel.

Please let me know what you guys think!

 

Maxime labore vitae saepe nisi reiciendis. Corrupti et quisquam temporibus nesciunt. Perspiciatis quia delectus minima error voluptatem. Quas quo dolores nihil sequi. Expedita libero officiis dolor consequatur et magnam. Nostrum deleniti eius necessitatibus velit.

Aperiam earum tempora repellendus ut. Sed eos corporis natus. Pariatur amet qui vero aut aliquam voluptatem in enim. Illum dignissimos voluptatem ducimus iure. Similique vel et nobis. Suscipit porro sit aut voluptatem. Incidunt est doloremque ipsa sunt quos veniam enim.

Dicta ut omnis necessitatibus eos. Eius facere laudantium quibusdam omnis qui repellendus. Et officia voluptas cum. Velit dolorem eum exercitationem occaecati. Aut quod quidem dicta deserunt qui itaque incidunt.

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

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
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...”