Private Wealth Management work description on Resume

Hi,
During my last internship (PWM) I did not do much of anything, but cold calling all day long.
I'm trying to update my resume now, and I would like to get some feedback on what I have under the description of my last PMW internship.

PWM Intern:

• Conducted product, market, and client research, synthesizing data and performing product suitability for clients
• Part of a three-member team supporting and managing over 50 accounts of high net-worth individuals whose combined assets exceeded $350 mm
• Developed leads for prospective clients through phone calls, which directly increase AUM by over $350k
• Assisted in maintaining client database, working closely with team to relationship-manage clients and maximizing referrals and sales opportunities

Any feedback would be greatly appreciated. BTW English is my second language so if you find any mistakes please let me know.

Main goal is to break into IB

Thanks

 
Best Response

For an internship, I think your comments are fair and appropriate. If you were part of any special project at work I'd definitely highlight that experience. As it stands there is nothing to help you stand out from every other PWM candidate. If no special experience (it's OK to stretch a little - my general rule is if your boss would roll his eyes when reading your resume, you've probably gone too far) than some metric that measures you well against your peers. As a nitpick, I'd drop "assisted in maintaining" and just say something like "Proactively maintained". You could also reword point two to say something like "Provided x, y, z for $350MM of HNW/UHNW clients assets".

Remember these points will serve as little more than a conversation starter. So you want to be able to launch from these points into ones that are relevant to IB. Have examples prepared.

Best of luck.

 

consistency, you used 350k and 350mm. if you use mm instead of typing out million or using zeros, use m for thousands.

also tense consistency, developed leads and increase AUM. you could rephrase "Sourced potential clients leading to $350,000 increased AUM"

also, was it cold calling on product or was it for an event? you could incorporate that in there.

 

Reiciendis et occaecati sint numquam sit. Sed consequatur ipsam voluptates quas assumenda et. Dicta accusamus nulla libero animi. Ratione temporibus officiis aut enim eligendi. Consectetur et ab qui ipsa laboriosam eum. Impedit laborum voluptatem animi omnis.

Iusto in optio molestiae corrupti eos eos enim. Officiis est dignissimos et accusamus et quis. Quidem velit velit error ut. Inventore qui fuga quae laborum consequatur. Qui voluptates illo laudantium in sit autem. In et voluptatem dolorum reiciendis hic non ex qui. Accusamus quasi eos eos.

Qui aspernatur ea laborum aut aspernatur. Quis illum et ipsam sed consequuntur. Ut blanditiis dolorem debitis a similique possimus. Nesciunt eum dolorem voluptas quidem. Eum sed sit velit.

zeemal

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”