Search fund or Wealth Management?
So I'm a freshman at a Target school with aspirations to eventually end up in Investment Banking.
I'm not going to act like I know all that there is to know but I do know that what usually dictates your positions in IB is your Junior Year Internship, which can be landed through good Freshman/Sophomore internships. Going off of this I spent a lot of time sending out cold emails trying to get some work in Finance in general(IB, PE, PWM). I had two very positive responses and ended up being extended unpaid part-time offers from both of them.
Assuming that I find an internship for full time work this summer (Business Dev probably) I would most likely take one of these on as part time during the summer as well.
The first is a Search Fund out of Chicago. The guy who runs it is very perceptive to my goals and the reasons that people intern at small firms. He has had 2 previous interns who he has helped and they are now interning at Goldman and Lazard. He says there would be a lot of buy-side and sell-side exposure as an intern (not 100% sure what that offers me) but he was very persistent that it's a very valuable position.
The second is a small PWM firm out of North Carolina. The firm is unique in that they only invest in socially responsibly firms. Would be a lot of research into ETF's. However it is very flexible in that I can work anywhere from 2-8 hours a week.
I'm leaning pretty heavily towards the Search Fund right now. The guy even offered to fly me out to Chicago and train me for a week so I would be prepared to work remotely.