UBS vs Merill Lynch

lsd87
Sun, 30 May 2010 12:32:40 +0000

As far as the investment banking side goes, these offices will offer, fixed income and equity if available, deals to their clients…that’s the extent of it. So, you’ll be able to review the research, the red herring and so forth. You’ll might also learn what the rules and regulations pertaining to the offering to retail clients…and become familiar with some of the terminology. Remember that these offices are retail branches, and are a different part of the firm than the investment banking division. It’s also possible though unlikely that the advisor has large institutional clients…this will give you additional insight.

As far as which firm to choose…ask what your duties will be. Will you be working in the sales end or operational side? Who will you be working with…experience or rookies, institutional or retail, marketing or administrative, will you interact with clients.

Apply to both. One firm doesn’t have an advantage over the other as far as you’re concerned. However, your duties for that particular office might be quite different. Tell them what your interests and career goals are. You can then determine if there is value for you. They have no reason not to be honest with you.

Good luck!