Most enjoyable branch of finance that still makes 7 figs?

Based on the most helpful WSO content, achieving a seven-figure income in finance while maintaining a relatively enjoyable and balanced lifestyle is challenging but not impossible. Here are some potential paths:

1. Private Equity (PE) at the Principal/Partner Level:

   • PE can be lucrative, with seven-figure earnings at senior levels. While the hours can be demanding, many find the work more strategic and less transactional than investment banking. However, reaching this level requires years of grinding through junior roles.

2. Hedge Funds:

   • Running your own hedge fund or being a senior portfolio manager can be both intellectually stimulating and financially rewarding. The work involves market analysis, strategy, and decision-making, which some find enjoyable. However, the pressure to perform can be intense.

3. Entrepreneurship in Finance:

   • Starting your own boutique firm (e.g., in investment banking, private equity, or asset management) can offer autonomy and the potential for significant earnings. While it’s a grind, being your own boss can make it more fulfilling.

4. Corporate Development or Strategy at a High Level:

   • Senior roles in corporate development or strategy at large companies can offer a mix of interesting work, better work-life balance, and strong compensation. While not all roles hit seven figures, some do at the executive level.

5. Tech-Focused Finance Roles:

   • Finance roles in tech companies, such as Corporate FP&A, Corporate Development, or Strategy, can pay well (mid-six to seven figures at senior levels) and often come with better work-life balance compared to traditional finance.

6. Family Office Management:

   • Managing investments for ultra-high-net-worth families can be lucrative and less stressful than traditional finance roles. It often involves a mix of investment strategy and personal relationship management.

While these roles can be enjoyable and lucrative, it’s important to note that reaching seven figures typically requires years of hard work, building expertise, and networking. However, these paths are less likely to feel "soul-sucking" compared to traditional investment banking or other high-stress finance roles.

Sources: Work to live, not live to work. Low-stress finance jobs..., Who is happy & satisfied with their current role?, Work to live, not live to work. Low-stress finance jobs..., Does anything pay better than finance?, Life after Investment Banking