Hi all. So first time posting on WSO, but frequent reader. I am currently trying to work through a possible career transition (I am currently 29, 30 in January) and was hoping to get some advice from the community. My basic experience is as follows:
• BB AM Analyst (3 Yrs) – Focused on HNW individuals/families specifically around investments and lending solutions
• BB AM Associate (2 Yrs) & VP (~2 Yrs) [current role] – Specialty group focused on advising private business owners (mostly middle-market) on transitions (i.e. monetization events, governance, business succession, etc)
• CFA Charterholder
My current role’s main responsibilities include:
• Developing financial models and fundamental company valuations across a multitude of industries
• Educating and advising business owners on transition options, pre-transaction planning strategies, valuation opportunities, corporate and family governance structures, favorable transactional deal terms and the current M&A environment
• Marketing efforts including coordinating and participating in business transition roundtables for business owners throughout the US (quite a bit of travel involved)
• Producing white papers on key transitional topics for private business owners
Previously, I’ve explored some in-house lateral opportunities into IB M&A, which didn’t work out (possibly because they weren’t sure about hiring someone internally from VP to Sr Assoc, which I was open to). Additionally, I have not had much traction with headhunters/recruiters since my background is not formal IB and while I have transactional experience, it is not quite to the depth of someone who has worked in IB as an analyst/associate (although probably still comparable). I had originally been pursuing IB opportunities (focused on M&A) since I thought it would probably be a necessary step to move into PE eventually. However, given my non-traditional path/timing, I am not sure that is feasible at this point. Therefore, I’ve been considering the following:
• MM PE firms that are looking for someone with a non-traditional background
• VC or PE Secondary-focused funds
• Consulting
Given the vast range of experiences on WSO, I was hoping for some thoughts/guidance on how to best pursue a transition to one of these opportunities. Feel free to be brutally honest. Thanks in advance for any comments and I would be happy to provide any additional info that might be helpful.
Eum praesentium ab fugit et. Tenetur officia et consequuntur aperiam. Quam quae dolore quidem consequatur corporis aliquam eos. Maiores dolor est enim ipsa. Expedita porro quia quos repellat vel velit ducimus veritatis. Aut qui ab repellendus eum veniam in dolorum. Voluptas consequatur laboriosam repellat.
Voluptas quidem eum minima. Veritatis doloremque sint minus qui animi. Nisi fugit sit dolorem.
Optio perferendis sint cumque architecto placeat ipsa. Excepturi veniam temporibus hic ut. Dicta vero cum aperiam beatae. Rerum laudantium officiis aut dicta enim. Iure consequatur sint consequuntur iste magnam enim repellendus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...