Is This a Good Gig? Investment Management for Wealth Management

Hi All,

One of my offers is doing portfolio analysis/trading for a small RIA/wealth management company. I have an awesome relationship with the CIO and get to have work-life balance.

My only concern is: will this role pigeonhole my options? Even if I get a CFA after 3 years? What are your thoughts.

Comments (12)

2y
LaggyPhonesSuck, what's your opinion? Comment below:

On the smaller side...founded 5 years ago. ~150 aum. Not sure if this is high growth for a RIA, but the company is definitely still growing.

2y
Az72792, what's your opinion? Comment below:

I agree with the other poster. If you want to stay in pwm then take it. And while your there try to bring in your own clients. Maybe you get the opportunity to buy out his book when he retires.

But if that isn't what you want, then I'd look for other options.

2y
Whatever1984, what's your opinion? Comment below:

Once you go into WM it's almost impossible to get out. I learned this the hard way.

My CFA charter is what got me out, but don't expect to get it in three years. Only about 20% of people who start ever get it, and I believe that the average time is 5 years. (It's meaningful for a reason)

My recommendation is that if you have other options within finance, and don't want to do WM as a career, you consider them instead.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
  • 1
2y
LaggyPhonesSuck, what's your opinion? Comment below:

What job were you doing in WM? Was it financial planning?

Do you feel like exit opps. would still be limited if im doing investment-related work (rather than financial planning)?

Most Helpful
2y
Whatever1984, what's your opinion? Comment below:

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The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
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