MS/BOAML Wealth Management, Asset Management PNC/ Prudential- What to Choose?

salad's picture
Rank: Orangutan | 261

I am looking for some advice on what you may think is the best option for my junior summer internship-

Morgan Stanley- Wealth Management
Merrill Lynch- Wealth Management
---Both are just working for a group of financial advisors--

BNY Mellon- Asset Management
Prudential- Asset Management
PNC- Asset Management

None of these options are in New York, and they are all either Pittsburg, or in New Jersey. I would really appreciate any input you may have.

Thank you

Region: 
United States - Northeast
United States - Northeast

Comments (21)

Jan 17, 2017

not PWM, assuming you actually have offers from the others

/thread

Jan 17, 2017

Thanks for the advice.

Thats exactly what I was thinking. I was seriously considering Morgan Stanley or Merrill because I feel their name would look better on my resume. But wealth management, for a group of 5 financial advisors probably isn't as good as a actually class internship in Asset Management for PNC/ Prudential.

And BNY is in pittsburg and they just picked up their recruiting in the beginning of new year. Do not have any offer from them but will be having a final interview.

Out of the three asset management which do you think is best?

thank you so much

Jan 17, 2017

I'd go with Prudential over all the other options, don't have any data to back that up though just think their program will teach more than any wealth management internship. If you can find a way to get into Prudential Capital Group that would be a clear choice but I think their recruiting is totally separate from Prudential AM?

Jan 17, 2017

Really? I can understand, but I would think it would be 1. BNY 2. PNC and 3. Prudential.

But this is based entirely on opinion as well.

And I don't think I could get into the Capital Group, I just have an offer from the AM group.

Thank you for your input though I will be sure to keep it all in mind

Jan 17, 2017

I'll admit to not knowing anything about BNY, had a friend at PNC and a two or three peers from my school go to Prudential. I was impressed by Prudential AM in fixed income when I interviewed a little while back but yeah I guess I'll just leave it at AM>PWM and leave the specific firm decision to more knowledgeable posters.

Jan 17, 2017

Go into Asset Management. These skills are more prized than pwm. Once you get these skills, you can EASILY get into pwm at a later time. Might be hard to go from pwm to asset management.

Jan 17, 2017

Thats a great point. I didn't look at it like that, thank you for you input I appreciate it

Mar 29, 2017

Thats the point.... You didn't look at anything ...

    • 1
    • 2
Jan 17, 2017

If you accept BNY Mellon is it with one of their sub-companies and if so which one? That makes a huge difference.

Jan 17, 2017

I have no clue. I do not have an offer from them but am just finishing up interviewing. If I get it an I find out Ill PM you and let you know

Jan 17, 2017

bump

Jan 18, 2017

Does anyone else have any input or advice?

Thank u so much

Mar 29, 2017

That you didn't get any of these jobs.. If you did tell me your interview questions and your answers right now. $30 says you can not, because you don't google. Additionally, I know you'd like that thirty bucks since you made a whole topic on how to call London for free. Thats a lot of call time bro, and you might even learn how to google your life out of other bad decisions.

    • 1
    • 1
Apr 5, 2017

ok

Apr 4, 2017

You said this back in December...

lol relax dude its not that serious. and yes actually i am a junior undergrad, sorry i don't take this website as serious as u do. currently i have three SA offers, one in Sales and Trading, think Citi, and two investment banking at MM. i posted that just to see if there was still any top notch BB still conducting interviews.

...what happened?

    • 1
    • 1
Apr 5, 2017
Comment
    • 1
    • 1