Cold email HF: Analysts or PMs?

I'm assuming analysts are more likely to read email, but an informed opinion would be helpful. I'm trying to get a position in a different city, but I don't have many connections there. I want to go brute force, but might as well do it intelligently.

I've been doing sell-side research for 4 years, and I've gotten good enough that at my annual review, my boss noted I'm a great stock picker. I don't have much beyond anecdotal evidence to hang my hat on, as our sales team never does anything besides trade their PAs with my ideas. I can get references from both sales and my boss, for what that's worth.


Analysts, most PMs are too busy to read or respond. Doesn't hurt to try both anyway though. If you cold email, your best bet is probably to send one or more actionable ideas with a brief summary. Everyone says they are a good stock picker, but talk is cheap. Of course, that means giving away an idea and potentially hearing nothing back, but if the ideas truly are good you are more likely to get a bite that way.


I can live with that. So:

1) What format should it be? Powerpoint? 2) How in-depth should the presentation and model be? 3) Would it be a bad idea to send out emails this week (during earnings)? 4) Is the best time to email in the afternoon? I'm exactly sure how I can do that with a full-time job, but I'll try and figure it out.

My inclination would be to keep it simple, both for my time and the reader's.


I've sent several unsolicited emails to some PM's and Analyst and the one thing that will get their attention is your best idea or top three and a sentence on why you took that view. Me emails were very concise.

If you get a reply ask for a informational meeting/call to learn about them and their group and discuss pitches.


Autem blanditiis itaque non suscipit laboriosam. Rerum maxime aut ducimus nemo vel perspiciatis odio aliquam. Reprehenderit reprehenderit dignissimos quo sint enim non quaerat est. Iure alias cum ex corrupti.

Illum illum minus molestiae odit nisi temporibus eligendi iusto. Qui delectus velit eligendi exercitationem. Qui perferendis illo expedita nemo vel.

Inventore quia aperiam excepturi est consequatur. Qui et et nostrum laborum vel ullam enim consequatur. Eum architecto et odit ea est. Repellendus reprehenderit inventore minima dolores vel. Non reprehenderit ea totam blanditiis. Nulla rem quam mollitia id quod.

Pariatur quia est sed vel eius temporibus quaerat. Molestiae qui praesentium totam unde iusto. Voluptas nihil quis autem ut magni sunt. Porro quos error est est eaque.

Career Advancement Opportunities

November 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres (++) 99.1%
  • Jefferies & Company 02 98.7%
  • William Blair 12 98.3%
  • Financial Technology Partners 02 97.8%

Overall Employee Satisfaction

November 2023 Investment Banking

  • William Blair 04 99.6%
  • Lincoln International 10 99.1%
  • Moelis & Company 25 98.7%
  • Stephens Inc 11 98.3%
  • Jefferies & Company 08 97.8%

Professional Growth Opportunities

November 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres 17 99.1%
  • Jefferies & Company 02 98.7%
  • Financial Technology Partners 06 98.3%
  • UBS AG 16 97.8%

Total Avg Compensation

November 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (34) $390
  • Associates (167) $258
  • 3rd+ Year Analyst (15) $187
  • 2nd Year Analyst (106) $168
  • Intern/Summer Associate (48) $167
  • 1st Year Analyst (322) $166
  • Intern/Summer Analyst (234) $95
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...”


From 10 rejections to 1 dream investment banking internship

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