Biglaw to family office?
Hi - just a bit of background. I’m an 2nd year M&A associate (temporarily a restructuring associate) at a V10 law firm. I’ve majored in economics while in college, and I’m familiar with the basics of investing, but not to a degree where any sane hedge fund would employ me.
While the salary is okay, the work has been extremely boring to me, and the problem is, my family also has a small family business where we manage about $80-90 million in liquid assets. We’ve been able to turn a YOY unrealized profit of ~5.5%.
Naturally, I have been thinking that it might financially make more sense (and better for my life) to actively participate in the management of the assets and maybe try to help out the company eke out a little bit more in profits, but I wasn’t sure which route I should be taking. Should I apply for an MBA, try to get a job at a hedge fund for experience and then go to the family office? Should I go straight to the family office? Or should I allow the manager to maintain the office, while I continue my career as a lawyer? If I do work for the the family office, I would like to be somewhat of a valuable addition instead of a leech.
Any advice would be welcome.
Send me a pm
Thanks for replying, HFPM -- I'm still a new user so it looks like I can't PM for another day or so. I'll reach out tomorrow if that's okay.
Absolutely. Understood. Let me see if I can msg you
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