How do you manage your PM's expectations?

Seeking advice about how to manage upwards / my PM's expectations.

I have been consistently making recommendations - I typically give an update after any important event (earnings, pre-announcements, checks etc) for companies in the portfolio and am making recommendations for new names / names I want to cut. BUT he is still always asking me for more ideas and also micro-managing my daily schedule.

It's really annoying to keep him to speed on what I am working on (especially bc we are super understaffed and I'm covering more sectors than my peers at other firms). I am very surprised that a PM would be this interested in my work schedule - I always thought it was always about more "idea generation" than # of hours on the buy-side.

Would appreciate any insight.

P.S I switched from IB to AM just 2 months ago, so I am very new in the job (post-MBA role).

Comments (4)

Jan 11, 2022 - 1:36pm


Kidding aside, what kind of feedback are you getting on the ideas you present? Is he interested in seeing them become more developed or do they die in his inbox? This will give you some information into whether you aren't giving him ideas that are good fits for the portfolio or maybe he is a control freak and struggles with delegating and trusting employees. Analyzing the feedback loop is your best bet to get to the root of the problem.

  • Analyst 2 in IB - ECM
Jan 11, 2022 - 10:18pm

Interesting point. We have been disagreeing more often than not. There's a bunch of names in the portfolio that I want to cut that havent been working. There are other names I want to put in. He has put 2 of my pitches in the portfolio, but at the same time he's always pushing me for more ideas (which in all honesty is unrealistic, without hurting the quality of the portfolio. My coverage just doesn't have great long-term holders at this point.

  • Analyst 2 in IB - ECM
Jan 12, 2022 - 2:18pm

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