Information of PB

I was wondering if anyone on this forum has real life experience in private banking and would be kind enough to share more information about the roles/career. I know I will get the "use the search bar" reply but I have and feel as if what is out there is not that informative. So for a more specific question to get things rolling, can someone explain the relationship manager role vs the investment manager role?

 

Ut laudantium iure numquam optio. Quidem repellat adipisci pariatur sint non id. Non quia rerum cupiditate unde numquam eaque. Error facilis ipsum earum placeat quia. Sunt eligendi impedit enim animi doloremque qui.

Corporis et nulla ea fugit nihil. Sunt eius eum aut. Adipisci autem neque velit aliquam blanditiis voluptates ipsa et. At fuga qui officia quidem officiis alias nihil. Corporis culpa molestiae quia animi.

Nisi qui dolores corporis voluptas omnis eligendi eos quasi. Quia et vel et. Eos maiores a voluptatem sed magni minima deserunt. Modi quaerat voluptates earum magnam.

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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
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
numi's picture
numi
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...”