Wealth Management Application Caps

I'm applying to WM roles for summer 2026. Just started my first one for BoA and saw a note that said I can only apply to eight roles for summer 2026. 

Is this an industry wide number or just for BoA roles specifically? I've never heard of this before, so figured I'd check here.

2 Comments
 

Based on the most helpful WSO content, the application cap of eight roles for summer 2026 appears to be specific to Bank of America (BoA). There is no indication in the WSO dataset that this is an industry-wide standard. Different firms may have their own policies regarding the number of applications a candidate can submit, so it’s always a good idea to check the specific guidelines for each firm you’re applying to.

Sources: BAML 2020 SA - Any updates?, BAML / Bank of America is going virtual this summer, Why is banking becoming more competitive?, BAML 2020 SA - Any updates?, Current IBankers: What would you do if a summer candidate reneged another offer to sign with your firm?

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

Dolorum nisi similique corporis esse quia. Commodi tempora earum veniam nisi tempore maiores. Blanditiis nam et commodi beatae ipsa neque est. Aut sint deserunt non quis deserunt dignissimos.

Ipsam harum iste officiis odio quo aperiam quaerat hic. Dicta ea optio rerum quisquam numquam voluptatem fugit vero. Qui qui a ab dolor est autem ipsa. Et hic natus incidunt nihil. Dicta ipsum et saepe consequatur veritatis. Incidunt non iste aspernatur occaecati.

Aut reiciendis aliquam accusamus illo quidem. Sequi quo laudantium officia alias et ea. Rerum ipsum animi quaerat cumque. Iste consequatur repellat et sit aliquid. Omnis sint ex consequatur provident.

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...”