Those in finance raised in the Midwest, any plans on moving back?
If so, when do you plan on making your move?
If not, what’s holding you back?
Guess I’m interested in hearing from those who weren’t raised near a finance hub within their state
Yup, from the Chicagoland area here. Living in Northeast right now, I'm 90% sure that I'll be moving back to Chicago next year sometime. Just trying to crush the Level 3 of the CFA & get the Charterholder this year to maximize optionality for recruiting -- this plus getting another year of experience under my belt is what's holding me back but once this happens I'll be in prime position for jobs around Chicago. A decent amount of AMs now hiring remotely & considering hiring remotely too which is a big plus
Want to move back to be closer to my family and I have several close friends in the area as well. At the end of the day, no job is worth you not being happy & what I realized makes me the happiest is being close with people I care about. Other big thing I realize is COL is becoming insane in virtually every major coastal city & I do want kids someday -- which will be really hard with even an analyst's comp. Chicagoland area is far cheaper vs NYC / SF / Boston / Seattle / DC / LA / etc (even factoring in high property taxes). And quality of life is much better. You can get a 3k sq ft home 40min from the city in a nice Chicago neighbhorhood for $500k which would cost 3-4x in a city like LA
FYI guys for COL I've found this site to be fairly on the money - https://www.expatistan.com/cost-of-living/index/north-america (Chicago not even in the Top 10 most expensive yet it comes with the amenities - restaurants / bars / culture / arts / comedy / etc - of a Top 5 city)
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