What are you in AM? Buyside or Sellside
Throughout the forum each specific area is very clear what each one does and the career path of each, but when I see the word 'Asset Management' there is a whole world in asset management and each path is not so clear.
So as a matter of clearing up and sorting out the noise how many of you here in that follow the Asset Management Powow what are you working at?
A. Analyst at a Mutual Fund Co. (Stock, Debt Picking)
B. Analyst of a Asset/Wealth Management Firm (Selecting Mutual Funds assisting Sales)
C. Financial Consultants (managing customers assests i.e. Sales)
D. Something else (Please specifiy)






AM/PE is all in the category
AM/PE is all in the category of buy-side.
In AM you buy things, trade pre-existing instruments
Sell-side is the type of thing you see investment banks do. They create the instruments. For example when a firm goes IPO the investment bank values it, creates the stocks and sells them to people on the buy-side (like AM)
Investment banks are also involved in providing advice for companies who are doing mergers, acquisitions, etc. but do not actually invest their own capital or buy anything.
For more info:
http://m.wallstreetoasis.com/what-is-the-buy-side
http://www.wallstreetoasis.com/what-is-the-sell-side
willgetitdunn wrote: AM/PE is
AM/PE is all in the category of buy-side.
In AM you buy things, trade pre-existing instruments
Sell-side is the type of thing you see investment banks do. They create the instruments. For example when a firm goes IPO the investment bank values it, creates the stocks and sells them to people on the buy-side (like AM)
Investment banks are also involved in providing advice for companies who are doing mergers, acquisitions, etc. but do not actually invest their own capital or buy anything.
For more info:
http://m.wallstreetoasis.com/what-is-the-buy-side
http://www.wallstreetoasis.com/what-is-the-sell-side
I respectfully disagree. I am sell-side (financial consultant, a great spender of OTHER people's money) and among all the categories listed on WSO, I would say I fit into Asset Management.
I build relationships with high net worth individuals and institutions, raise capital, and allocate it across (mostly) equities.
Patrick Bateman would eat Eddie Morra's lunch (and probably his brains).