Equity Sales at Jefferies vs Billionaire's Family office
Ongoing discussion right now, would you say working in the investment team of a billionaires single family office (mostly LP investing + some direct and co-investing) is a "more prestigious" career path than being an equity sales at Jeffries?
Definitely more prestigious than equity sales at any firm
Thanks that what I thought. But why would you say so? (Fee compression, dying industry etc.?)
More involvement in decision-making for where investments go, fee compression is also a factor but not the biggest reason, better compensation potential, and more responsibility/trust.
Is it a known billionaire?
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