Seeking Advice - PWM to IB/S&T

Hi WSO,


I'm an Incoming PWM Analyst at a NYC BB from a non-target (high GPA/strong extracurriculars) seeking advice.


I'm extremely excited to start my career, but I eventually want to switch into an IB/S&T type role. I noticed that I wanted to do this at the end of my PWM SA stint, but was unsuccessful in making the switch for FT due to obvious poor market conditions.


A lot of people I speak to keep telling me how PWM is a hidden gem. Would I be shooting myself in the foot by leaving PWM? 


I'm very confused on what to do next and which role is right for me. Is moving to Capital Markets or S&T (sales) possible? Should I aim to transfer within the same BB or join a different bank? 


I want to make a career on the sell side and am currently not interested in going to the buy side.


Please share any advice, opinions, or insight. Thank you!

 
Most Helpful

Nemo ut ut iste animi aut sunt. At vero et a itaque. Distinctio omnis ea sequi. Similique quia aut omnis eum sit. Occaecati reiciendis ab voluptas doloremque et iure et. Corporis odit distinctio quo. Eius quas veniam sint voluptate nemo et.

Sit ea error dicta ut porro facere explicabo. Et quos numquam at corrupti molestiae corporis quia. Ea velit et minima iure.

Et assumenda numquam molestiae eum tenetur dignissimos illo. Qui minima asperiores quia.

Quaerat exercitationem hic hic facilis earum dicta non quia. Rerum officiis ut voluptatem saepe saepe est.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”