Is this a misguided choice?
I currently have two internship offers for the summer. My goal is to break into asset management, and I’ve received a Wealth Advice position with UBS as well as an Asset Liability Management role with VyStar, a notable credit union. While the ALM role might allow me to explore a new area and gain valuable experience, VyStar is a smaller institution. I’m leaning towards accepting that offer instead of UBS. I’d appreciate any advice!
For context, I have previous experience as a stockbroker at Merrill Lynch, so I have some background in wealth management.
One response
It’s great to hear that you have two offers to consider! Both options have their pros and cons, and ultimately, the best choice depends on your long-term career goals and personal preferences.
Relevance to Asset Management: Since you’re aiming for a career in asset management, the UBS Wealth Advice offer may provide more direct experience in that field. UBS is a well-known name in the industry, and having this on your resume could be beneficial in the long run.
Learning Opportunities: The Asset Liability Management role at VyStar might offer a chance to explore areas related to risk management and investment strategies from a different perspective. This can be valuable and could provide you with a broader skill set.
Networking: UBS is a larger firm, which may afford you better networking opportunities with industry professionals. This can be crucial for your future career in asset management.
Company Reputation: While VyStar is a respected credit union, it’s true that it doesn’t carry the same weight as UBS when it comes to brand recognition in the finance industry.
Personal Interests: Ultimately, consider what excites you more. If you’re more passionate about wealth management and working with clients directly, UBS might be your better bet. If you’re curious about the mechanics of how financial institutions manage assets and liabilities and want a diverse experience, VyStar could be a good fit.
Think about where you see yourself in the future and what type of skills and experiences will most help you get there. Trust your instincts! Whatever you choose, both experiences can be valuable in their own way. Good luck!