Switching asset classes

I've searched this a little, but didn't get the answers I was looking for.

I'd like to work on a new desk and wanted some advice on how to get there. I currently work in equities (a niche kind luckily, we haven't been getting killed relative to broader equities mkt). I've become more and more interested in fixed income. I'm a believer in trying to do what interests you the most, even if it takes longer to get there and you make concessions on the way. This is a longer term goal.

Some background: I went to a semi target, don't have a noteworthy GPA. I began my career in ER, but am now on the S&T desk. I mostly do sales, but am taking my series 57 soon so I can execute trades. I'd like to one day transition to a FI desk. Beyond the potentially stronger job security, FI has gained my interest in a pretty big way. Right now I am reading as much as I can on the topic. I read fundamental type FI books to have a more solid knowledge foundation, offering documents, and try to stay abreast of new issues. I am doing this for myself, I know that isn't going to show up on my resume.

My question is: what steps can I take to transition to an FI desk in the future? I am not expecting this to happen tomorrow and have no illusions of grandeur as far as where I will be working and the initial role in which I am placed. My initial thoughts are the obvious (networking). I am also thinking of taking a few classes at TTS type places.

1 Comments
 

Aut vero quas est dicta necessitatibus pariatur. Tenetur sequi ut vero odit perferendis aut. Nobis est nihil qui odit repellendus id omnis.

Eveniet non at voluptas qui animi voluptates non. Dolor ut minus rem et aperiam provident. Nemo voluptas ab voluptatem fugit eos quia. Placeat rerum velit rem iusto enim. Ea numquam nihil id qui nihil tenetur distinctio.

Nisi harum dolore omnis quam explicabo voluptatem. Enim enim sunt similique dolorum ex eius et. Sed ex ipsa cupiditate atque quia ipsa. Autem autem optio provident nemo hic exercitationem fugit. Quis veniam harum culpa debitis.

Est est aut ipsa repellat ea iure. Et perferendis consectetur rerum labore dolorem. Fuga vel et recusandae possimus consequuntur. Omnis sint quos dolor ea aut facilis exercitationem.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”