Boston AM: How Hard to get?

I'm about a year out from the end of my military contract. I went in to become a pilot, ended up coming out as a supply officer and am now ready to get out so I can have at least a bit more of a stable life with my wife. She's doing her post doc at UNC, and outside of me getting into H/W/Chicago/Tuck/Columbia....i'm not planning to ask her to give that up. Right now i'm realistically targeting Duke or UNC so we can both achieve our goals.

She is originally from the MA area and at some point we have discussed moving back there to start a family. Right now i'm planning to do IB post MBA. As i start thinking more and more about the idea of moving to Boston, i'm starting to wonder how difficult is it really to break into long only AM? Due to the fact my target schools are in the SE would that make it extra difficult? State Street Global doesn't even post anything on their website about MBA recruiting. For others, like fidelity, it feels like most end up getting roles in their management rotational program which leads into ops and not a FO type role.

Would a goal of trying to break into AM or an Equity research shop in Boston be obtainable or should i consider 2 years as an associate then start looking to make the jump? Alternatively, if we end up liking the South East, how hard would AM be in a place like Charlotte?

Comments (2)

May 26, 2019 - 3:00am
WSO Monkey Bot, what's your opinion? Comment below:

Hi rj1443, check out these threads:

  • Asset Management vs Investment Banking 101. After 5-15 years, an analyst can get promoted to portfolio manager in AM. This is in direct contrast to ... different fields and you should choose which career to pursue based on that. Asset management is a career in ... choose investing as a career unless you choose to rebrand yourself, hed
  • Choosing between McKinsey, Bain, and BCG? up to date information. Click the link below to get started. Consulting Industry Report Bain McKinsey ... McKinsey vs Bain vs BCG If you've worked hard enough to secure an offer at all three firms then ... hours worked. In summary, all of these are fantastic places to begin a career in management consulting. ...
  • How to choose what asset type to work with in investment sales? interested in getting into investment sales but I do not know which asset type would be best. I am leaning ... out anything yet (especially since I do not even have a job lined up). Thanks in advance. to Saturday, ... I could not find a specific thread on this topic, so curious to hear yalls input. I'm very ...
  • If you decide to stay in banking, how hard is it to become one of the top guys. speak to congress. My question is, how hard is it to get a top job at a bank(not necessarily Goldman ... Managing Director(MD), Partner, VP, etc. If you want to stay in banking and choose to stay, will they keep ... moving you up until you leave(if you actually do a decent job and get shit done) or is it
  • Breaking into buy-side equity research- my experience EXTREMELY competitive to get a spot here. They recruit sophomore interns who have a chance to become junior ... promoted to research associate, where he would pick up a couple names as coverage. Now, the firm intends to ... extremely hard to get in and very good reputation. They do make pre-MBA experienced hi
  • Life as a Top Asset Manager that's tough to classify. I like to consider this class of AM firm as a "top asset manager" or ... Recruiting practices make it hard to get a job right out of school: Some top AMs will hire through OCR and ... a few posts lately asking about mutual funds, Asset Management gigs,
  • Choosing a Minor To Go With a Finance Major you'd probably learn a language or two, and, if not, you'd be able to pick one up very easily ... probably more interesting to talk to. Decided to Pursue a Wall Street Career? Learn How to Network like ... reading a few basic trading books. I am a finance major at a non target and I have time to pur
  • Getting macro right vs. individual stock selection selection right, which would you choose? It seems to me so much of earning "excess returns" in ... If you could choose between either getting the macroeconomic trends right or the individual stock ... investing is derived from getting the macro picture right, and very little is derived from choosing Coke ...
  • More suggestions...

I hope those threads give you a bit more insight.

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Jun 7, 2019 - 10:52pm
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