BB PWM (Local) vs no-name Prop

Career Opportunities & Internships Investment Banking
1

<p>I am looking to get into S&T (with emphasis on the T). I am planning on attending a MS Finance program in Europe (Bocconi) for 2 years (in between years, I hope to land a BB trading summer position). </p>

<p>Which would be better for achieving the goal of a full-time offer in fixed-income: The proprietary trading firm I am currently trading at is pretty unknown; not a scam place, but it's still day-trading. Trades exclusively in equities. I am learning a lot thus far - I feel more than I ever would learn selling products as a financial advisor. I am concerned, however, that the lack of name brand will hurt me. The PWM position would be at a local branch not at a HQ or anything.</p>

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<p>If you are learning a lot and can really explain the newly developed skill sets well in an interview, resume and cover letter, then stick with where you are. If, however, it isn’t more than a day-trader paradise with little skills of value, go for the PWM if it is with a respectable or, ideally, BB bank. </p>

<p>That said, if the PWM is more or less admin work in a local shop, stick with the prop shop and hope to gain as much as you can and really sell yourself in the interview.</p>

<p>PM me if you have additional questions or want more advice</p>

<p>IBanker</p>