Mid-level experience career question/advice

I was wondering if anyone has been in a similar situation and what they did to get out of it.
-5 years as an equity trader at a HF and also a junior analyst
-3 years of ER at another HF
-CFA, 3.7gpa but from a state school (originally went for engineering) so this hurts my resume I think

Okay, so I'm 32 and the last HF shut down. I'm looking for another ER spot (HF, long only, etc.), but a few factors that hurt me are:
-the big places want someone young, 1-2 years of experience, so they can train/mold them
-the small places want 10+ experience
-I'm in that middle experience area, but my resume has ~9 years worth of jobs
-I'm seeing more places that are valuing an MBA over a CFA. I got rejected twice this week and politely asked why and both times were b/c I didn't have an MBA. Obviously if my undergrad was Harvard, this might not have been a problem.

Right now I'm working on investment ideas and then sending those out with my resume to certain places. The MBA thing is on my mind, does it make sense to go down this road?
If anyone was in the same situation, any advice?
My trading experience definitely skews things since I didn't go the "normal" ER way.

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