Can I make the jump? What am I battling? (RIA to HF)
I have reached out to a few people here who were very helpful, but also wanted to open the discussion for any additional opinions / advice/ candid feedback.
My attempt at a short summary:
-Graduated in 2014 from semi-target/target, went to work for a highly regardedbut in the in NYC as an "investment analyst"- turned out this was mostly comprised of analyzing in house strategies and matching them with the PB clients. Learned a lot, but not enough about real investing.
-After 2.5 years moved to a $9bn RIA as an. All in house stock picking work. Mostly long only.
-After 2 years the senior partners were retiring and I interviewed around. Passed down an offer for a SSgig and jumped aboard another $1bn RIA with a smaller team that does the same thing (they made a compelling offer and I decided that I could learn a lot from one of the bosses)- all in house fundamental work, mostly long only, with some hedging strategies + analyzing fixed income opportunities and the odd real estate and PE deal. (similar to first RIA, but some deeper modeling)
- Running with ~5 years of experience now as a fundamental analyst, doing the basics of in depth 3 statement financial modeling, primarily leveraging DCFs, and speaking with management teams, attending conferences, using industry insiders for , etc. I also probably spend too much time listening to podcasts, reading books about investing/ the industry, and thinking about the investment biz in general.
Would it be possible to make the jump to awith where I am now? I have a long line of reasoning for wanting to make the move (which I can explain if curious), but I got to where I am today because I always thought - "wow I could learn a lot about public equity investing here and can always end up at a HF once I have the skills." Turns out that was wrong and I am probably limited in my options today - I have yet to fully start the attempt at a HF career switch, but am trying to review my options and strategies before I do (or make sure I am not wasting my time). Any advice or candid feedback?
I know the reality is there are 50 IB+PE H/S/P candidates ahead of me that get first looks, and its not like I believe I am going to lock down a role at D1 or Tiger. Anyways, open to advice + feedback!