Silver BananaTopicAuthorRepliesFreshnesssort ascending
0
GS PWM Phone Interview I had a GS phone interview for PWM last Monday and I haven't heard anything back, did anyone else here have a phone interview with them for PWM and have you heard back? ...
spartans10
49 months 2 weeks ago
0
J.P. Morgan Winning Women Summer Analyst GWM Has anyone who had a superday for Winning Women in NYC for JPM GWM heard back yet? ...
strive4it
09 months 2 weeks ago
+54
Life at a Top Asset ManagerMod Note (Andy): #TBT Throwback Thursday - this was originally posted on 3/24/13. So I've seen a few posts lately asking about mutual funds, asset management gigs, and alternatives to the sell-side out of college, and hopefully my experience taking the asset management route to hedge fund rather tha...
BlackHat
1789 months 3 weeks ago
0
Any info on Blackrock Global Client Group?Haven't found much info on them around here. Are they considered a FO AM or PB/PWM group? ...
delete account
09 months 3 weeks ago
0
S&P Credit Analyst InterviewHi, I'm a junior at a semi/non target school (Tufts) and managed to land an interview for the credit analyst role at S&P. I have prior internship experience at a fund of funds where I did some financial modeling and at a private bank where I was working more on asset allocation, but have little ...
y2jerichoy2j
109 months 3 weeks ago
0
Which offer to choose, academia or firm?I'm moving from sell side to buy side, and got two offers: A is a quant role with an Asset Management firm, but not the famous one. Job responsibilities are to develop quant research model, maintain data and etc. The PM I'm going to work with doesn't have quant background, so I'm worried I cannot le...
KKW0822
09 months 3 weeks ago
0
State/County Pension FundsAnyone familiar on what the process is like for breaking into state/county pension funds. Pay doesn't seem to be on par with the private sector but the hours are usually way better and the there's a lot less competition from HBS types (with a few exceptions). One thing I've noticed is that there rea...
Pokemon Master
09 months 3 weeks ago
0
Asset Management PrimerSo recently I've been looking into AM, but the resources on it are few and far between. I was wondering if anybody could give me a primer of what AM is like at a BB? What's your day like? Hours? Pay? Exit opps? Hierarchy? Technical skills required? college endeavors that would help for hiring? etc....
Jack-O'Connell1
19 months 3 weeks ago
0
How would you value sell-side equity research?What should I be asking buy-side portfolio managers and analysts? Here is what I'm looking at: - Read Ratio (i.e. how many emails received vs sent) - Dependence (i.e. 80% their own idea, 20% sell-side) - Ideas vs Content (i.e. do they use them for the technical stuff like models or actually listen ...
masood104
39 months 3 weeks ago
0
Volatility of returns indicates different relative riskiness than BetaHi everyone, I'm trying to compare the riskiness of two bond markets, using BAML indices as proxies. In one approach, I am calculating annualized volatility of total returns and in the second approach, I am calculating the Beta of one index relative to the other. ...however I got some results that d...
mplar
99 months 4 weeks ago
0
Merrill Lynch Seasonal Client Associate I applied for a seasonal client associate position with ML and have an interview late this week. I'm more interested in investment banking than wealth management, but I'm curious: what skills are transferable? Is it worth taking the job? What was your experience like? I thought it'd be good to get ...
cdunn1017
210 months 11 hours ago
0
Is BlackRock PAG a good step in the right direction?Currently an engineering major looking for summer internships working in finance. I managed to get an on-site with BlackRock for the PAG group. It seems very interesting because it's both finance and technology, which seems to be an appropriate place for me to learn more about business. However goin...
MooGooGaiPan
010 months 1 day ago
0
How much of CFA Level 1 is calculation?Just curious if there's quite a bit of concept vs calculation. Obviously you have to know calculations to pass, but wondering if total formula memorization is necessary if a lot of it is market concepts. ...
eltoro454
110 months 1 day ago
0
Has anyone applied to/ worked at Scottrade?Has anyone applied to/ worked at Scottrade? FYI, Im a S7, S63, and soon to be S65 registered broker. What was your overall feel of the interview process? Any advice for me? If hired: What was your position? How did it go for you? ...
jeffsmonte
410 months 1 day ago
0
Automated Investments? Where does WSO stand?I've been seeing a plethora of automated investment engines/robo advisors (think Wealthfront, Betterment). Having not tried any of them before, would like to get some feedback on how well do these work and where the trajectory of the sub-industry will move towards. Would love to see some seasoned IA...
chinchopperchinchopper
910 months 4 days ago
0
Question - Regional Bank Wealth Management - Generalist Equity Analyst > PM and future OppsHello, I am in the final stage of interviews with a small regional bank that has a wealth management division that manages $1B in assets. The position is a generalist equity research role with some trading components but is part of a 6 person team which consists of 3 PMs, a head trader, CIO, and th...
IronCondorGorilla
310 months 4 days ago
0
FOF Interview presentation on whether to invest in a HFI'm in the interview process for an investment analyst position at a pension/endowment. They gave me a hedge fund, its returns and returns of a few relevant benchmark indices, and want me to create presentation in which I recommend whether they hire the manager or not. I was wondering if anyone mig...
Big Shot Hopeful
210 months 4 days ago
0
Interview question mutual fund: topic risk managementIn a few day i will have an interview for a mutual fund. The person is an associate that works in the risk management department, then i expect few question about fomula and ratio of risk management. Which are the most important ratio/formula about the risk management for a interview as analyst in m...
alessioto
110 months 5 days ago
0
What should I do now?I just got an offer in AM and I think that's the place I will go upon graduation. So what should I do between now and June? Any suggestions besides enjoying senior year lol? ...
lalalala_lalala
310 months 5 days ago
0
Institutional AM vs. Private Client AM - which is better Pros and cons of each side? Mostly interested in institutional sales vs. pwm/pbanking. ...
Dr Barnaby Fulton
1610 months 6 days ago
0
What is it like working in the industry as an analyst?I'm wondering if people can share their experience working as an analyst for a mutual fund, hedge fund, family office, etc. What's expected when you're pitching an investment idea? What happens if your idea tanks after an investment is made? Who's held accountable for an investment idea? Thanks! ...
classyshepard
010 months 6 days ago
0
Stupid interview questions??So I interviewed at a firm with 3 other people at the same time, 2 of the them were recruiters and they literally asked the same questions and basically the entire interview was redundant. They also asked what's the hardest thing I ever done 2 times. Both times I asked in what context and they both...
CUBuffwg
010 months 1 week ago
0
ooo. ...
oooooooooooo
1010 months 1 week ago
0
How do apps like Wealthfront, Betterment, and Acorns work?WSO, Wealthfront, Betterment, and Acorns, as I am sure you all know, are robo-advisors that manage peoples money via an app for very low fees. I am wondering how this is possible. Is it that these people structure 40 Act funds or what? If you were to create one of these tomorrow - where would you st...
888555111
010 months 1 week ago
0
Asset Management Interview GuidesAnyone know of any guides for Asset Management interviews? I have the wso and vault but they seem more geared towards banking. Thanks ...
sondmon
010 months 1 week ago
0
Capital Group Companies Accounting and Operations Associate InterviewHello: I am interviewing at Capital Group Companies for their Accounting and Operations Role. I had a pre- recorded interview but now have a video interview tomorrow. Anything I should be prepared for? What types of questions do they usually ask? ...
keep_running
310 months 1 week ago
0
Wealth Management Advisor AppI work for the wealth management division of a large investment bank. Recently, the bank has started pushing advisors to adopt a new advisor facing mobile app during our client meetings. I am on the fence as to how useful it is. I was wondering if this technology is widely adopted at other firms or ...
UCLAmba84
010 months 1 week ago
0
Drastic drop in GPA after accepting ft offer?I recently got a FT offer and was wondering if a drastic change in my GPA will have any impact on it. This is what the offer letter said, "This offer is contingent on satisfactory completion of the Company's drug screen, background verification process, and completion of your college degree." The re...
BryceLarkin
510 months 1 week ago
0
Carl Icahn v.s. BlackRock / ETFsSurprisingly, there aren't a lot of topics on here discussing ETFs despite their increasingly prominent and highly disruptive role in the asset management industry. Carl Icahn has a lot of thoughts regarding BlackRock and has been throwing jabs at Larry Fink, who is often referred to as the "most po...
MapleSyrup
110 months 1 week ago
0
Breaking into AMHi. Female here from target school in the UK. If you have the natural personality traits of someone in either trading or investing (more logical than emotional, analytical, calm under pressure, objective, decisive), how can you break in? Any interview tips? I read a guide about AM and realized I'm a...
desertoasis
010 months 1 week ago
+1
Guggenheim Investment - Reputation, Pay, ExperienceHas anyone worked there / able to share your experiences? They spun off from Guggenheim Partners in 2011 and is their Asset Management arm. They appeared to have a wide range of products and considerable AUM ($200Bn+). There are quite a few threads here on Guggenheim Partners / Securities - a mid ti...
park75
410 months 2 weeks ago
0
Guggenheim Corporate Credit FTHas anyone received any news re: FT from Guggenheim corporate credit? ...
IntheCac
110 months 2 weeks ago
0
What are the key differences between BB PWM and traditional wealth management?There isn't too much info on here regarding wealth management so I would like to know what are the differences between the 2. Example: Let's use GS PWM vs your local ML, MS , Wells Fargo advisors, etc. that are virtually everywhere. ...
delete account
710 months 2 weeks ago
0
amaze
010 months 2 weeks ago
0
Alger ManagementAnyone know anything about working at Alger in an investing role? Culture, experience, lifestyle, bschool placement? ...
winsle.100
010 months 2 weeks ago
0
3 offers: 1) startup AM 2) small-cap AM 3) large bank (national level, not a major player anywhere else). Which one to choose?Hey fellow monkeys, I was working at a fund as an Analyst until this past September (in London) and decided to switch to something else (reasons are several, it offered little vertical mobility prospects, etc). Got three different offers now and I want to get your advice. Company profiles and positi...
hfknights89
410 months 2 weeks ago
0
Advice: Top Tier US Business School > London Asset Management RoleWSO, I'm currently an MBA at a top tier US school trying to switch into investment management (either MF or HF, public equities). I had an investing summer internship (at a strong brand name), but that was my first professional investing experience. I'd like to move back to London after school (I'm ...
Classicist
110 months 2 weeks ago
0
Credit vs Equity IM - what is better long-term and is there a way to switch from one to another? Hello WSO community! I am a first year MBA student (from top 10 MBA programs) and a career switcher as well. I am trying to gather info on long-term opportunities in credit vs equity investment management. A friend recently told me that even though equities are sexy any job in equities IM (portfolio...
ancm
010 months 2 weeks ago
0
BlackRock PAG - opinions about the groupI was wondering if this group would be worthwhile to start your career in...Browsing around this team within BR seems to take a lot of heat. Is it really that bad? Would it be worthwhile to be looking at other stuff? Not sure if I can land a FO role, but it seems like investing so much time in a bac...
werwew
110 months 2 weeks ago
0
Just got a FT offer. Should I tell everyone that helped me about it?I'm a graduating senior who just got a FT offer to work at a large MM investment firm last week and was wondering if I should individually email all of the alumni and people who took the time to help me out (mock interviews, informational interviews, forwarding resumes, etc.). There are about 50 peo...
BryceLarkin
210 months 2 weeks ago
0
Asset management interview prepBackground of myself: In Canada, CA background (4 years at one of the Big 4) + most recently two years in sell side ER as an associate, done great work with analyst and my analyst will give me a good recommendation if needed Interviewing with a fundamental equities fund and I passed the first round ...
Simbi
610 months 3 weeks ago
0
Private Banking BonusesWhat do private banking bonuses look like for a first-year analyst? ...
IBwso123
010 months 3 weeks ago
0
Making a jump from sell-sideSo I have passed my two year mark in sell-side and have decided I am not interested in pursuing a long term career on this side of the game. Through interviewing, attending luncheon presentations and talking to people on the buy-side. I tend to notice that buy-side people really think differently, e...
Simbi
010 months 3 weeks ago
+1
Just do CFA please. Things we forget in finance; Knowing what I do, knowing my capabilities, I try to be very careful what I say and what I do. I try not to say things that I don't know, I try not to do things that I don't know for one reason. There is nothing scarier in this world than a person who doesn't know what he is doing. In medicine, these people are discovered and punished pretty...
Forward_Trousers
510 months 3 weeks ago
0
capcapcap
110 months 3 weeks ago
0
Shut down of Credit Suisse Private BankCredit Suisse is shutting down their U.S. private bank and Barclays sold their U.S. Wealth division earlier this year. Anyone have any idea of what's going on there and who's next? @[email protected] ...
DickFuld
1010 months 3 weeks ago
0
Prudential Capital Group for full-time?Anyone know anything about them? It seems like they do mostly private placement investing. I have a final round interview with them later this week. What do you guys think about this with regards to full time? ...
BryceLarkin
310 months 3 weeks ago
0
AM to NYC AM/HFSo I will graduate from a non-target (some may argue semi target) school and am working for a buy side AM company post-grad. Not in research but more portfolio analysis. I want to make a switch to NYC at some point either to another AM shop (BlackRock, PIMCO, etc) or possible a Hedge Fund (tough,...
TMTthemoneyteam
010 months 3 weeks ago
0
Career Mover - Asset Management, Financial Planning?Hello All, I'll try to keep this brief. Background: I majored in accounting at a non-target school (in relation to this forum), but in relation to accounting it is a top notch ranked program. I interned and then went full time at a big 4 in advisory - audit related services. For those not familiar, ...
BullRunKid
210 months 3 weeks ago
0
What is Product Specialist?I just saw a local AM firm is hiring interns in my school for their Product Specialists team. I wonder what product specialists do in an AM? It seems to me that the role is more about client-facing/ sales work, while BlackRock puts their specialists team under PMG, not GCG: "Product Specialists -- ...
FDDMonkey
3310 months 3 weeks ago
0
JPM Internship GroupsSo I am a Sophomore at a target institution looking at the sophomore Internship. I am applying to Greenwich, CT and NYC as primary locations. They ask me to list two groups as being my ones of greatest interest. Any thoughts on which groups would best pad my resume? I was leaning towards US Equity ...
EBIT.duh
010 months 3 weeks ago
0
BlackRock Corporate Strategy Group -- The Typical Path?Hi Everyone, I've had three rounds of interviews now with BlackRock's Corporate Strategy Group. For those of you who don't know exactly what the group does, it is the internal strategy advisory arm of BlackRock that works on strategic initiatives. For example, integrating iShares into the BlackRock ...
Tulip
510 months 4 weeks ago
0
Dealing with less sophisticated peopleI am writing this after a long and hard day (still early but I am exhausted). Investment demands study. You have to know investment to work in investment. Some clients are very sophisticated. You sometimes have to say "can I get back to you on that?" But 9 out of 10 times, clients are less "sophist...
Forward_Trousers
610 months 4 weeks ago
0
delete account
2510 months 4 weeks ago
0
Career advice for working in FinanceHi there, I'm Charles, I've just finished college ( UK college that is!). I'm taking an unforseen gap year before university due to higher than anticipated grades. I achieved A*A*A in my A-levels and this year I've applied to LSE, Cambridge, Warwick, Bath and Durham University to study Economics ( A...
Cjm96
010 months 4 weeks ago
0
Post-MBA banking>AM?How difficult is it to transition from post-MBA banking at a bulge bracket to Asset Management within a bank? So I'm talking about roles in investment strategy/asset allocation/multi-asset class research at places such as GSAM, JPMAM, UBS GAM, etc. Once you do banking, are you stuck in banking, or...
MBAGrad2015
510 months 4 weeks ago
0
delete account
310 months 4 weeks ago
0
No internship/relevant work exprience...how to demonstrate interest in asset management?How can a graduate without relevant experience/internships demonstrate interest in Asset Management for an entry level position? An empty resume/CV...what can a person do to enhance it/build it up? Any help is appreciated. I am looking at Aberdeen Asset Management at this moment. ...
ShowMeTheMoney19
611 months 3 hours ago
0
Capital Group Equity Research Associate programAnyone have thoughts on CapGroup's equity research associate program (not to be confused with TAP)? Seems like they hire a lot of IBD analysts who have completed their 2 year programs, with less of an idea generation role and more of a modeling monkey role? Thoughts on the program would be appreciat...
tapman
911 months 4 hours ago
0
Allianz Global Investors internship experiences?Hi guys, Just wondering if anyone knows what's it's like to intern at Allianz Global Investors. I know that they are a big investment manager, so I'm wondering where most interns are placed (in terms of what subsidiary) by HR for the summer. Any info would be great ...
chill101
111 months 8 hours ago
0
Goldman Sachs AM - Product Development + Product ManagementDo you guys know what these groups actually do? The postings online are very vague - I don't even know whether they are considered FO/MO or BO.http://www.goldmansachs.com/a/data/jobs/28951.htmlhttp://www.goldmansachs.com/a/data/jobs/28952.html ...
bondtradercu
2111 months 1 day ago
0
Help with next step please!Hi there, so I've just moved to the Vals and business modelling team at a B4 and I was wondering whether someone could help me to design my strategy for the upcoming years (2-3) and how to get the max profit from this experience. Brief background: 3 years of experience in B4 (other area). Knowledge...
sharky7
311 months 1 day ago
0
Comp bookI saw some time back about a book some recruiting firm releases on comp in the industry. Do you know where I can find/buy this book? my promotion from associate to senior associate will be coming up soon and although I love it where I am, I just want to make sure the comp is fair. It was very fair f...
shootersix66
311 months 2 days ago
0
State Street Professional Development Program - PlacementI've seen other posts about the salary in the program, but I was wondering how the program is actually structured. Do you get some input into what department you get placed in? For instance, can you interview specifically for S&T or Investment research (I'm assuming this is within SSGM)? or wil...
Ashley_Schaeffer
411 months 3 days ago
0
UBS AM Graduate Training Program?Hi fellow WSOers, Does anyone know if UBS has a Graduate Training Program for Investment Management track? If so, what does the recruiting timeline look like? Thanks in advance. ...
Ding_Dong
211 months 3 days ago
0
Euler Hermies for equity research or PM?Hey guys. So theres an opportunity for me to intern and do some rotation at Euler Hermies and hopefully impress them enough to land a full time position. My aim is to eventually move from there into equity research at an Asset Management firm. What would be the best departments to work in at Euler H...
jo_stevens
111 months 1 week ago
0
FOLLOW-UP HELP: 2015 SA, haven't heard back about FT over two months later...?Hello WSOers - First post on this site, forgive me if this is isn't in the right location. I was a summer analyst this year at a BB Asset Management/private banking shop (this was my summer after junior year, I'm now a senior). Unlike my IB counterparts, we do not get last-day offers and so we wer...
mistermcspil
211 months 1 week ago
0
The truth behind JPM Private Banking.To those who used to (or are currently) working at JPM Private Banking: could you answer these questions? 1. Is it true that gaining the promotion from analyst to associate (by your third year) is extremely difficult? I've gotten mixed reviews on this - some say to those who choose to remain, JPM PB...
crucifix.
711 months 1 week ago
0
How Do I Start a Fund and manage money for others?Over the past two years, I have developed a specific trading strategy that has done very well for me. Initially this was just a way to make a few extra spending dollars, but my goals have changed seeing the progress of the strategy. Recently, I have had a lot of people interested in investing with m...
bira14
411 months 1 week ago
0
delete account
111 months 1 week ago
+18
Endowments & Foundations Part 1: A Basic Overview Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #31 and was originally posted 6/28/2015. Endowments & Foundations Part 1: A Basic Overview I think the most useful threads I've read on this site were threads from people like @BlackHat wh...
BlueWing
3511 months 1 week ago
+4
Endowments & Foundations Part 2: Asset Allocation Mod Note (Andy): Read part one here Now that this crazy week is coming to an end I have some time to write another one of these posts. Part 1 gave an overview of the E&F industry, and now Part 2 is going to go into detail on a crucial part of the E&F investment process: asset allocation. Man...
BlueWing
01 year 3 weeks ago
0
Buy-side networking emails Hi, sorry I'm new to this forum. Where might I find email templates or threads on networking to the buy-side (For those who have been with an investment bank, not straight out of school). Thanks ...
The Deputy
011 months 1 week ago
0
JPM Asset Management Summer Analyst as a SophomoreIn the midst of figuring out plans for summer 2016. I am a sophomore but I am looking to learn more about the AM - Investment Management Summer Analyst program at J.P. Morgan. Please let me know if you have information about the program and wouldn't mind messaging or speaking about it. ...
LetsSeePaulAllens
211 months 1 week ago
+1
GSAM Global Portfolio SolutionsAnyone know anything about this group? Seems mostly like asset allocation? ...
slaraw
911 months 1 week ago
0
Bill Gross suing PIMCO for $200MBill Gross the co-founder of PIMCO is suing his old firm he built for 40 years. http://www.nytimes.com/2015/10/09/business/dealboo... ...
CFACandidateLevel1
1111 months 1 week ago
0
What is the worst case scenario for IMWhat do you guys think is the worst case scenario for investment management over the next decade or so? There's a lot of talk about eliminating the capital gains tax, so that cap gains would get taxed at ordinary income rates. Would this completely kill the business model/ bonus prospects at most ...
jankynoname
711 months 1 week ago
+1
Offer on the table - your thoughts?Hey guys, Long time lurker, first time poster. I recently went through an interview process at a reputable alternative AM and have been successful in securing an offer. Associate level role within their direct lending team, mainly focused around monitoring and general portfolio management/reporting ...
I do it for the Porsche
511 months 2 weeks ago
0
Is AM Recruiting only in Fall?Is AM recruiting only in the fall? Having a difficult time given the ultracompetitive nature of the positions and am worried if I don't get a job by December I'm SOL. ...
eltoro454
111 months 2 weeks ago
0
UBS Superday adviceHello WSOers, I have scored a superday with UBS wealth and was wondering if you guys had any superday experience insights to add to how I am prepping. I am putting together 5 work challenges stories, nailing my two minute 'about me' speech, keeping updated with the markets, and using a guide from sc...
dkim1984
011 months 2 weeks ago
0
BlackRock - Alternatives (BAI)Any thoughts about this group? How is their reputation? Comp/exit opps/skills? BAI vs PMG/FMG/PAG? European openings are in London and Zurich. It is under Investments umbrella. Short description: ABOUT: The BlackRock Alternative Investors (BAI) team is responsible for strategic planning and oversigh...
animalz
211 months 2 weeks ago

Pages

WallStreet Prep Master Financial Modeling