Difference in what PWM between IB, Consulting and Law firms do?
Hey Monkeys.
I am a bit confused on the scope of what the private wealth management arms of big law, big 4, and investment banks do differently to one another.
I am fairly certain big law wouldn't do any wealth management themselves, rather they're focused on setting up trusts / funds / family offices / structures and governance.
Furthermore, I believe in an investment bank / global bank, a high net worth client would just be brought into the bank and managed by their internal team, but would the bank still provide legal services + support?
Finally, I have no clue what a Big 4 consultant would do in PWM. I guess bridge the gap between big law and IB for a HNW individual?
Would really appreciate if somebody could flesh out the scope of these different streams for me.
Cheers.
Asperiores officiis aliquam inventore rerum. Ipsa aut excepturi quia alias necessitatibus.
Quia aperiam sunt incidunt eos consequatur blanditiis excepturi. Corporis est veritatis sed eos accusamus. Repellat amet ut pariatur amet. Rerum quisquam aut at dolorum velit vero necessitatibus. Placeat eveniet facere voluptatibus pariatur fugit magnam. Autem nulla deserunt ducimus ut voluptas voluptatibus totam. Molestias est qui itaque nihil esse hic.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...