Second Career in Financial Advisory/Private Wealth Management?

Currently in a Corporate Finance budget/accounting role at a Fortune 500. I have a Finance Degree and MBA. Very relaxed job with very good work life balance, salary, benefits, etc. The only problem is boredom and stasis.

My plan right now is to stay on my current glide path until I'm 45 to 50 where I would either quit because of financially independence or downsized because I'm too old/expensive. Honestly, either is fine by me. But I will probably have to leave sometime between 45 and 50 for my mental health and sanity.

I want to transition into financial advisory which I think would be fun. I'm already a financial advisor to many of my friends and family and have always had a very keen interest in investing and the markets. It is my main hobby. I've been very successful at it and am on track to meet my financial independence goals.

The big problem is I want to actually do financial analysis and not be a glorified car salesman cold calling and door knocking in an Edward Jones type of place. I want to do the financial analysis, asset allocation, portfolio advisory stuff in a support role without having the pressure to bring in the business. Salary is less important than me doing what I want to do cause I'd already have made my money. How do I plan to transition to this? Where do I look? Where are these jobs?

2 Comments
 

thomas1282, shame nobody has responded. Maybe one of these topics will help:

  • Should I get a 2nd MBA? Currently work as a mid level manager in the finance/accounting department of a F500. My long term ... undergrad and MBA from two non target schools could limit my career potential. My question is would it be ... including switching companies multiple times or spending more time in school. A couple years out of ...
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  • Johnson (Cornell) 2nd Year MBA Ask Me Anything AMA MBAs so much they've come back for another round of 2nd year interviews after doing their hires in ... once you get the interview school doesn't really matter. Bain, for instance, interviews all 2nd ... a student-run hedge fund (the Cayuga Fund) and an Asset Management mentorship program in which alumni mentor ...
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  • Please talk me out of this- 2nd Year BB Associate Backstory: I'm a 2nd year associate at a BB, did 2 years of analyst work before b-school, and ... figured I'd give it another run after MBA. Two week ago, I secured a job offer from one of the Big ... in the direction of yes. Reasons: Comp: In previous years, it would have been a no-brainer that comp ...
  • AMA- MBB 2nd year analyst in EU I'm a 2nd year analyst at one of the top 3 consultancies, based in a major Western European ... interested in a career in management consulting. bain mckinsey bcg at kearney strategy consulting strategic ... followed by a masters in management at a target b-school in Europe. I joined the firm directly as an FT ...
  • Financial Technology Partners 2nd Round Hi guys- I have a second round phone interview with an associate from FTP, based in California. ... I was wondering 1) What their reputation is on the street, and 2) what is their second round technical ... interview like? financial technology partners ...
  • More suggestions...

No promises, but maybe one of our professional members will share their wisdom: @Sk8it296" @fredfeng1111" tjw.tech

Fingers crossed that one of those helps you.

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

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