Buyside -> Private Wealth Management
I’ve got an offer for a PM role at a PWM firm. I curently work at a hedge fund as an APM. The comp is roughly the same after some negotiating. They don’t expect me to do any of the sales, just the IPS and allocations and some meeting with clients. The firm is tiny ($200M AUM) but I’d be one of two people actually managing money and they’ve given me this whole verbal “you’ll be a partner in a few years and we’re going to kill it, etc.”
I’m considering making the leap for the work-life balance improvement but wondering about your thoughts on one of my biggest worries which is if I make this switch I may never be able to come back into the buyside. What are your thoughts? I have 6 years buyside experience (straight out of school) and fear if I take this risk with this firm, I’m basically in Wealth Management forever. True/False?
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.