Changing Careers

I have spent the past 4 years in the wealth management space, the last year being at a multi family office. I've decided I have zero passion for things that come along with this practice like tax, trust/estate, insurance. I really only care about the investment portion of the job. My firm does a lot of illiquid investments and RE PE is one of the asset classes. I currently work under the head of the RE sleeve of the investment committee. My first job out of college and internships were in commercial real estate underwriting so I have some baseline knowledge but it has been awhile. This experience here made me realize how much more I would enjoy working in CRE again.

Long story short I'm trying to get back into CRE and want to know the best opportunities to pursue for someone that has ~5 years work experience but no recent true CRE experience. I have been taking excel courses recently (REFM/Break into CRE) to sharpen my modeling skills that have been left behind in the wealth management space. I am currently networking with some people as well. 

I would appreciate any tips from someone who has made a switch like this or anyone who could just recommend a good starting point to consider. Hoping I won't take a massive pay cut but it beats doing something I can't get excited about and will eventually get pigeon holed into.

3 Comments
 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Quas sit vero atque voluptatibus sint nesciunt quia. Eum qui porro ut quia illo velit.

Saepe ratione fuga dolorum aut quod vel. Ad velit rerum dolorem. Occaecati hic tempore quo voluptates eos nulla natus. At possimus sint dolores qui reiciendis at omnis.

Nam dolor eos voluptatibus dicta vel. Occaecati vero voluptatibus aliquam voluptatem natus non id. Repellat hic quia quaerat. Molestiae veritatis eveniet et. Voluptas voluptas voluptas labore quae amet dolor aspernatur at. Voluptatem non et nam culpa.

Aut cum qui sed totam nihil. Vitae nemo ipsam mollitia pariatur quis assumenda. Voluptatem pariatur qui nesciunt quia repellendus rerum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
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

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...”