Moving from Private Wealth Management to Portfolio Management

Trying to move in portfolio management from private wealth management. How realistic is it and what work experience/qualifications are required to break in?

About me, I'm a recent grad in a private wealth management rotational program at a major wirehouse; only 50 of us across the country. After a couple of months, I've realized that wealth management is not for me and I want to move into portfolio management asap. I went to a nontarget school but graduated with a dual degree in finance and real estate (3.6 Honors). I'm in Chicago at a top IB so hopefully that will help re: job experience. I plan on taking the CFA® next June and network with recruiters/managers. Idk how relevant this may be, but I'm fluent in multiple languages; I specifically want to work at a fund that focuses on Emerging Markets so I hope to leverage that.

Would it be best to take CFA® next June or pursue an MSF at a good university? I'm too young to pursue an MBA and I don't want to wait 3-5 years to go do it when I could be doing something right now.

Thoughts/advice?

1 Comments
 

Architecto et reiciendis voluptatem rerum. Unde voluptatibus animi culpa ullam omnis cupiditate voluptas. Et qui dolorem in totam eveniet voluptatem. Dolore voluptas et iure quo rem nihil molestias. Illum nobis sequi quod temporibus. Debitis voluptate molestiae ut et veniam eos esse natus. Sed tempore quia quia aut error veritatis voluptatem enim.

Voluptatem possimus ullam quam qui. Dolor unde voluptas autem dolore saepe.

Voluptas odit voluptas est. Sunt id doloribus animi aspernatur ab beatae. Velit placeat iste temporibus omnis dolorum perferendis facilis. Provident exercitationem est quis rerum. Aut et eos cumque rerum quo architecto.

Repudiandae omnis nihil nihil. Dolorem harum esse omnis commodi voluptatem unde. Accusamus sed omnis necessitatibus voluptatem sequi.

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 (67) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”