Enough?

Going to be applying for equity analyst jobs in the next year or so, mainly in the Denver area (not that it matters too much). Just curious if my current skills would land me a job or if I will have to start lower on the totum pole. Currently in private wealth management for high net worth clients doing asset allocation, taxes, estate planning, mutual fund due diligence (not very difficult), minor financial analysis of small companies, basic bond analysis. By the time I apply Ill have roughly 4 years experience and hopefully the charter. Is this enough to land me a gig as an equity analyst? If not, any advice to increase my chances. I know the competition is rough, but I feel like im on the right track somewhat. Thanks for your feedback.

I would have to say probably not. Picking fund managers and allocating funds across funds is very different fro. In depth company equity analysis

^This

Yes I agree with you, but there is a starting point for every position. In order to become an equity analyst you must start somewhere. If what I have isn’t good enough, what position should I shoot for that will lead to an equity analyst position? I assume a research assistant or junior analyst position would be feasible?

^ Ayo, don’t ask us for permission, get after it! Network, practice modeling, and get an idea of how the inner sanctum of ER works (you won’t find it on AF, trust me!). Knowing nothing else, you at least have a shot of an interview at a boutique or middle market firm.

Iteracom is fetching coffee for a tyrant ER MD who has a Top 2 MBA and went 3/3 on the CFA unlike he did. He figures if he keeps fetching coffee, maybe when the tyrant dies, Iteracom can take his place. Until then, he continues to preach that no one can do research, no one, unless they have a 12 inch cock (unlike him), 3/3 CFA (again, unlike him), and have a Top 2 MBA (once again, unlike him).

You could have posed the question, “Do you think I have enough experience to sweep the floor at GS?” and Iteracom’s answer would have been exactly the same.

^ yes that’s exactly what I really meant to say.

/end sarcasm

Itera doesn’t have Top 2 MBA and 3/3 CFA ? surprise Not taking him seriously from now on.

CFAvsMBA, I agree 100% with you regarding Iteracom’s responses.

People have broken into the industry with less experience and worse credentials than December. If you want to do it, do it, if you don’t, then don’t, it’s pretty much that simple. But you should be aware that there are costs and benefits to everything - the benefits here are easy to visualize. The costs will be higher and more difficult to sustain going in than you expect, so if you decide you really, really want to break into the industry, you need to be ready to marry that as a concept.

Most of the people who make it in this business are fanatical about it - your competitors are willing to put in 12-15 hours a day 6-7 days a week for years at a time, are you ready to do that? If the answer is no, there’s no shame in that, just make sure you are mentally prepared for what you are getting involved with.

we have a joiner of the club!

^Respect.

  1. Get to know who the MD’s and higher are at all the firms.

  2. Get to know their daughters, very well.

  3. Get married to one of them.

You’ll get the job then.

  1. If they only have sons, then turn gay, and marry them.

LOL