URGENT: Wealth Management or Financial Law?

I am a sophomore deciding between two fall internships: one in the Wealth Management division at MassMutual, and one at a USNWR ranked tier 1 financial services law firm. At MassMutual, I would be mainly doing client database entry (Salesforce) and sitting in on meetings with clients. At the law firm, I would be part of the Business Development/Marketing team, compiling case studies and helping maintain existing relationships with clients (which include the top 10 banks).

I already have an internship at a venture capital boutique, and I'm hoping this second one will complement that internship. I am looking to get a summer IB internship with the ultimate goal of ending up in PE or HF. From the responses I got in a previous post, it seems that WM experience provides little to no edge on a resume. On top of that, I already did an investment advisory internship last summer, so I'm leaning towards the financial law internship, especially because of the connections I could potentially make. But I want to make sure I'm making the right decision. Thoughts? What are the pros/cons of each?

7 Comments
 

Dolorum nobis nostrum sit. Non amet quis laudantium iure. Nam qui libero consequatur rerum suscipit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”