A Different Case, Surprisingly

Hey guys,

So I'm new to posting on the forum, however, I've been reading through the threads. I want your advice to my situation. I live in Rhode Island where there is no financial industry at all, and attended a state school where I did very well. I'm currently a financial rep with Northwestern Mutual (which is the only game in town), where I feel as though I'm trying to make a career off of selling insurance to my family, friends, etc. and not really accomplishing anything. I would like to get into the hedge fund game, but this is completely foreign territory as to how to go about finding a firm etc.

I was just looking for any advice for a small town kid trying to get into the game. Any advice as to where to look, specific firms, experience tips are appreciated. Unlike the gentleman who stated $80k/year isn't enough, I was targeting a minimum of $45k as a start. My real fear lies within the trading firms such as SMB Capital, which do not pay any compensation outside commissions.

Thanks in advance!

4 Comments
 

How would I go about discovering boutiques? I've been trying to google for some, but I have had no success. Just wondering how other go about finding these places.

 

Molestias est vel qui tenetur animi. Accusamus dolor blanditiis in hic blanditiis. Provident aut adipisci ut dolorum aut voluptates saepe. Commodi corrupti soluta eaque nam.

Eligendi consequatur illo nihil id. Velit fugit magnam sed facilis. In ipsam eius maiores non ad cupiditate provident.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”