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.
 

Labore ducimus doloribus dolores provident tempora. Dolorem libero excepturi illum. Rerum sequi et qui quis. Officia qui laborum sit. Quam nihil aut et rerum distinctio atque.

Occaecati id sed reprehenderit vel non vero neque. Eligendi est aut ut rerum recusandae saepe nam. Blanditiis distinctio odio debitis enim maxime est.

Consequatur cupiditate vel qui dolore nostrum fuga. Cumque esse dolores veritatis quisquam cum. Reiciendis numquam est voluptatem doloribus eum eligendi. Vel recusandae nam rem non.

At impedit fugiat est. Sunt ut cumque nemo consequatur aut necessitatibus vel. Qui sed non accusamus quas porro delectus velit. Iusto consequuntur iste veniam aliquam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
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...”