Is it possible to remotely work in a Wall Street firm?

I bet that sounds weird but let me explain. I'm a 26-year-old guy that lives in Greece and loves researching companies and investing in them. Although I'd love to come and work in the US, I can't because of family-related reasons.

Do you know if there's a way for me to get a research or research related job in a US investment firm through the internet and work with them remotely?

Original Post Continued At Bottom

Working Remotely For Wall Street

It is not impossible to work remotely for Wall Street however, it’s pretty rare. In the occasional situations when it happens, the person has worked for the firm a while and has proven their worth. Essentially, you would need to be able to demonstrate to the firm that it is better for the firm to allow you to work from home than to lose you. Without significant experience and status, this is not likely.

Decided to Pursue a Wall Street Career? Learn How to Network like a Master.

Inside the WSO Finance networking guide, you'll get a comprehensive, all-inclusive roadmap for maximizing your networking efforts (and minimizing embarrassing blunders). This info-rich book is packed with 71 pages of detailed strategies to help you get the most of your networking, including cold emailing templates, questions to ask in interviews, and action steps for success in navigating the Wall Street networking process.

Networking Guide

Original Post Continued

I'm currently making a living as a Seeking Alpha contributor and I make around $1300 per month (in Greece this is a medium-range salary). Unfortunately, my resume is weak at best since my Management & Business Administration degree from a local university is worthless compared to what you guys study in the US.

I have a little experience (two years and a half) as a stockbroker but that's about it. Unfortunately, I don't have a CFA certificate but that will be done soon enough.
I'm mostly self-taught in US accounting and have a solid grasp about how to invest and allocate capital correctly. I have managed to do well in managing my portfolio over the last years. More specifically with a long-only and zero leverage approach, I managed a 40% cumulative return for the past 18 months investing only in US-based companies (I can provide proof for the performance and the methodology).

User @Eddie Braverman offered the follow encouragement regarding an alternative option.

It sounds like you'd be better served by starting a subscription-based newsletter and charging people for research. If you're making $1,300 a month on Seeking Alpha, you clearly have an audience. Time to convert them to paying customers.
 

P.S. If any of you guys is coming in Athens, Greece any time soon it would be great to meet up for coffee or launch, if you want to and have the time available.

 

I suppose anything is possible but I would say its extremely unlikely. While some people do work remotely (my boss actually lives 1.5 hours from our office, so he works from a small office near his house 2-3 days per week), generally you need to prove that it's better for the firm to allow you to work from home than it is to lose you. At your age and experience level thats not going to be the case.

 

Qui maiores non rerum et tenetur ab. Sunt quasi exercitationem est. Ex eos ipsa et sit non ea. Iusto omnis est omnis corrupti rerum magnam dolorum. Nam beatae incidunt perferendis magni porro inventore dignissimos sint.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”