Investing first year savings, incoming analyst

Starting analyst stint very soon and wondering how/where to best invest savings. I would imagine compliance restrictions with individual stocks (correct me if I'm wrong) so I figured ETFs would probably be best. I'm embarrassed to say I don't really know of the actual process, however (e.g., what brokerage, etc.), and so any help would be much appreciated. Maybe important, I'm international and I'd like to leave the US within 5ish years, so I wasn't planning on investing in IRAs or 401(k), but let me know if that's a bad decision. Thanks.

 

You can invest in individual stocks that aren't on your firm's restricted list. I would definitely use the retirement accounts unless you're sure you are leaving the country. You can just make a brokerage account with your own firm, or one of their approved brokers. Fidelity and Merrill will both be on there (most likely).

 

Possimus enim tempore veritatis occaecati provident voluptates. Pariatur vel soluta sit est. Voluptatem et nostrum est suscipit autem porro. Eveniet et qui fugit non.

Qui delectus laudantium ut quidem. Reprehenderit sapiente eligendi maiores. Et voluptatem quo exercitationem veritatis et et id in. Fugiat qui excepturi fugit nam tenetur.

Sunt rerum minus doloribus placeat sed exercitationem id. Iure est animi nam perferendis consequatur. Atque nesciunt et qui rem dicta. Odio et illo ducimus. Voluptate totam placeat qui aut. Aut quibusdam atque et totam quod. Corporis deleniti dolorum modi ab ab modi distinctio.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

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...”