Looking for any advice on how to improve my chances landing a role or even an interview…
Background: I quit my Investment Analyst/Associate Advisor job in Private Wealth in February because I didn’t see a future there - boss/PM had a sizable book of business but he wanted me to transition more to sales and bringing in clients vs. analysis and I was grossly underpaid, making this an easy decision (I prefer analysis much more vs. sales). Obviously the timing couldn’t be worse with the pandemic/recession this year. I’ve spent a lot of my free time taking modeling courses (Wall Street Prep, CFI Institute) and have really improved my modeling skills and created a couple detailed models. I’ve also become approved as a CFA Charterholder in October. I’ve applied to probably 50+ roles (only that low because there hasn’t been a lot posted given the macro picture), mostly Associate level roles in either Equity Research, or a buy-side AM analyst role. I live in Toronto. My work experience isn’t amazing - 3+ years Investment Analyst in Private Wealth (ie. not institutional role) and 0.5 years in Equity Research as an Associate.
With every application I’ve sent, I’ve also provided samples of my work (ER reports, writing samples, models) and often I’ve emailed the PM or ER Analyst I’d be working for and passed along samples of my work.
I’ve been in a grand total of ONE interview process for Raymond James, which I got toward the end of and didn’t get it. It was not an institutional role but a link between AM and their Retail side - I’d basically be advising the Advisors on equities/analysis.
No interviews for buy-side analyst or sell-side associate roles, although I did have a few chats with recruiters who sought me out for these kind of roles, but didn’t lead to anything.
Any ideas or advice? I’ve developed a list of 100+ contacts - mainly buy-side PMs and Chief Investment Strategists that I’m aiming to cold email with a couple work samples to try to improve chances, but admittedly I’m losing hope and running out of ideas.
I also plan on starting to apply to US roles - perhaps as a Canadian citizen and the move to remote work I may be considered. I’m completely open to moving for a good role.