Comments (6)

Most Helpful
Aug 21, 2020 - 1:21pm
Whatever1984, what's your opinion? Comment below:

I'm in a macro/quant type-ish role at a big AM shop (no, literally nobody can describe what I do other than 'fix problems')  I've got no clue what they look for in sell-side ER but to break into public AM without an internship at that specific firm you probably need to pay your dues and put in a couple successful years in IB.  Even big shops like ours don't take in hiring 'classes' like IB.  Hiring somebody unexperienced for an interesting role if they weren't an intern the prior year is almost unheard of.  I'd suggest putting in a couple of years then looking to lateral if you want to think AM.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
  • 2
Sep 29, 2020 - 10:44am
DadJokesAreOverrated, what's your opinion? Comment below:

How likely is it to transfer to AM after 2 years in IB BB? Recruiters don't tend to reach out to me for AM positions and it seems there is limited info online for IB-> AM transition

  • NA in AM - FI
Sep 4, 2020 - 3:36pm

I made the transition after a couple of years of IB (M&A). Traditional AM firm turnover is pretty low (think: mutual funds) so spots don't open up that often, but timing happened to work out for me. IB experience obviously viewed positively but at the end of the day, they care less if you can build a fancy model and more about how you think about businesses and can you generate good investment ideas. 

Sep 29, 2020 - 10:43am
DadJokesAreOverrated, what's your opinion? Comment below:

Would you say the IB -> AM process is more or less similar to PE but with less modelling focus?

  • Research Analyst in AM - FI
Oct 1, 2020 - 9:22pm

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