Advice needed: Switching from PE to Wealth Management at Associate level

I’m 30 and I currently hold Associate position in PE fund. Prior to joining the PE fund 4 years ago, I followed a standard career path, spending several years in an investment bank in junior positions. Participated in several closed M&A and ECM deals both on the sell side and on the buy side. I'm not a star player, but I'm not far behind either.

Now I am considering moving to a small family office in London with relocation. They have about £2bn under management and have so far relied entirely on wealth management advisors (Cambridge Associates). But now they want to build a strategy and manage the portfolio themselves investing across different asset classes.

I understand in general terms how wealth management works, but I have never done it in practice. Desperate for advice from you guys. Please advise some materials (books, online courses, maybe here at WSO) to better prepare for interviews. Will appreciate any insights about wealth management from you guys (day in the life, salaries, etc)! 

1 Comments
 
Most Helpful

Voluptatum sit eos ipsam dolor beatae sed odit. Est voluptas occaecati aut asperiores quam. Eius nobis magnam et tempore tempore.

Career Advancement Opportunities

July 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

July 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

July 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • Vista Equity Partners 98.1%

Total Avg Compensation

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (356) $61
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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”