Help - JP Morgan vs. Wellington Management Research

Hi all,

Here's my situation: I have an offer for JP sell-side research. I also have a super day with Wellington for equity research on Dec. 2nd. If it comes down between the two, what do you guys think?

 

Not an expert but Wellington is one of the best names in IM, and the ER program is extremely selective with great comp (130k 1st year, working much less than banking hours). Exit opps to Bschool are great from what I've seen, and upward mobility within the firm is great as well (lots of opportunities to go from Associate--->Analyst---> eventually a PM if thats the end goal). Can't really speak for JPM How did you get an offer already though? I thought the final rounds are next month?

 

For most people, I'd recommend working at Wellington. Even among the top asset managers (e.g. Fidelity, T. Rowe, etc.), Wellington is still considered the top of the top. There's not many better places for you to start a career on the buy-side.

That assumes, of course, that your long-term goal is to work on the buy-side.I'm working at a top sell-side ER firm of similar caliber to JPM next year, and personally I like the notion of sell-side research better. But I'm somewhat of an anomaly.

 

If you have stones, go to Wellington if you get the offer. If you want to be the expert who tells other people how to invest money but isn't willing to do it himself, go to JPM. If I were interviewing you for a buyside role at some point in the future after you had spent time at JPM, and I learned that you turned down an offer at Welly, I would probably neg you right away. Just my opinion.

 

Was fortunate enough to receive Wellington offer this Friday - ended up accepting JP. Gonna try sell-side, if I hate it... can always apply back to buy-side.

 

Hey BellerophonCadmus,

I'm a high school student about to make a similar decision on where I'm going to attend college. I'm just curious how accepting JP Morgan's offer turned out after 7 years.

I have the option to attend a school that most people tell me is better and is better on paper, but I have a gut feeling to go somewhere else. I'd love to know how your decision turned out.


Thank you :)

 

Can anyone tell me about Wellington's interview process? I just had an onsite ER interview there where I met with multiple analysts. Do you know how quickly they will tell you about their decision?

 

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