Internal Wholesaling at Top AM firms to Product Development/Client Portfolio Management?

Definitely interested to hear some thoughts from people at top AM firms or those who have done wholesaling before : at firms like JPM Asset Management, PIMCO, The Capital Group, Lazard Asset Management, how common is it that you see the internals opt to go into (or are somewhat easily able to -- with CFA perhaps or an MBA/MSF) roles like product development, client portfolio management, etc? I know many want to go off and become externals but are certain firms more fond of allowing their internals to move off into these roles?

I've seen a lot of postings for interesting roles in product development/marketing and client portfolio management roles and many of them list years of experience in investment sales/investment management (and, often times, knowledge of distribution channels) and I'm assuming that the internals end up funneling into these roles well for their combination of sales/marketing experience and knowledge of all the different funds available?

 

At ex laborum omnis maxime ducimus consequatur dolor. Et praesentium sequi accusantium consequatur ut facilis voluptatem. Magni rerum non aut ut possimus. Hic at reprehenderit enim rerum.

Quas ea voluptate alias ut. Rem saepe dignissimos ipsam ea.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
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...”