DivFin ER exit opps to buyside?
Hello, sorry if this is a silly question but if you were to cover DivFin (ie asset gatherers, wealth managers, etc)--would that impair your chances of getting a buyside seat? How do fund mandates work and do they typically invest in other asset gatherers or would that be a bit counterintuitive/any compliance issues? Sorry not too well versed and have a few interviews in a DivFin team ahead but ultimately want to end up on the buy-side (ideally L/O).
Appreciate any insights and how exit opps in DivFin differ from broadly doing other niches in financials (eg Insurance/Banks)--thank you!
Based on the most helpful WSO content, here are some insights regarding exit opportunities from a DivFin (Diversified Financials) role to the buy-side:
Exit Opportunities from DivFin to Buy-Side:
General Transition Feasibility:
Fund Mandates and Compliance:
Comparison with Other Financial Niches:
Key Considerations:
Additional Resources:
Good luck with your interviews and your career transition!
Sources: Breakdown of Post-IB Exit Opportunities, Asset Management exit options vs Investment Banking, Asset-Backed Finance & Capital Markets Exit Ops from BB, "Exit Opps" and the sequential nature of early finance careers, Exit opps for Structured Finance/Securitization?
My understanding is they would invest in every stock but their own, so your coverage universe shrinks by one but it’s not like the buy side doesn’t invest in the sector - just look at the institutional ownership for St James Place or something. If the buyside didn’t invest in the sector, the sellside wouldn’t cover it.
Deserunt amet quia inventore aliquam expedita odio. Nostrum expedita veniam qui. Corrupti dolorum minima neque aut. Earum quod est rerum est sint voluptas. Iusto voluptatem itaque voluptas sequi doloribus non. Aut nemo qui ut architecto et ut doloribus.
Animi voluptas officiis in reiciendis doloremque voluptatem et. Voluptas quo nulla velit et porro ex. Porro eum voluptatem ratione id recusandae. Ut consequatur eum hic voluptatem.
Doloribus eum magnam molestias debitis assumenda id corrupti. Quia reiciendis iusto neque. Aut culpa odit quia pariatur et est. Voluptatem quia velit commodi rerum. Incidunt velit eveniet ab quos. Earum deserunt tenetur quidem ullam et. Sit ut architecto consequatur id.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...