Help. Not sure what role I'm looking for? Transition from IB to HF/S&T/WM or something else?
Apologies in advance if this is a dumb post but will try to keep it brief (please let me know if you need more information!)...
Am currently a senior IB analyst and contrary I guess to most opinions I'm not really into Modeling and it's not something I enjoy doing. I am also not a really quant or math-oriented person (would imagine that already cuts a lot of paths?).
However, over the years, I've found I do really enjoy public markets, trading, macro research, general investment research, building an idea/thesis, am really into financial podcasts, CNBC, creating a portfolio/advising on personal finance, etc. Now I understand if the list I just gave is too broad or all over the place but just trying to provide as much information as possible.
Essentially, I want something markets/financial advice/trading oriented that's NOT quantitive or modeling-oriented, but does this kind of role even exist anymore? I have no issue working long hours or grinding at all if it means I'm doing something I enjoy and my issues with IB were less so about the hours and more so about spending those hours doing something I have absolutely no interest in (the M&A process, deals, creating presentations, modeling).
Thank you all for any help and happy to chat with people who know of opportunities!
I feel this. Although I tried management consulting now as an intern I think most consulting work is BS and provides no real value. I think I am going for WM now as it has real impacts on people. I am not a math nor modeling person myself.
The audacity to say Consulting is BS, whilst mentioning WM when it's just glazing rich people 24/7 and not returns
More wealth managers help normal everyday people not everyone works for individuals with 10 million or more. No consultant helps everyday people and most don’t really help businesses be better it’s all political and stuck up prestige. Exception would be tech consulting because they actual implement systems that improve the business.
Making it in WM is 100x better than "providing value" as a consultant, I know of ppl working 10 to 4 and making $2 mill...
However, wealthy people don't like giving money to people in their 20s so not the best place to start your career (unless you spawned in a wealthy family with connections).
bump.
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