Asset management vs Private banking/wealth management
I'm a PM at an AM, co-manager on some big funds but also lead manager on some smaller strategies.
I took a break and I now look for a new offer.
I find opportunities only in wealth management (private banking) at the moment at small companies (same job, pm).
I always thought it was less good (because of less compensation, less "sophisticated" clients, hence less "sophisticated" strategies etc.). Could you confirm that ? What is the impact on a career ?
I was happy with my progress so far, but now i have to choose if i take one of those less shiny jobs, or wait for the right opportunity.