Charles Schwab Broker Trainee.. to Asset Management?
Wasn't sure whether to post this under AM or HF, but here goes:
I'm a senior this year in the honors program of a big state university in AZ. I have a 3.7 GPA and plenty of great EC's.. started a community service club, interned with the Department of Homeland Security for 2 years, spent a semester studying in Italy (Milan). I'll be graduating this spring with a double major in Finance and Management.
My career objectives have changed a lot since I began school.. and I have settled on Asset Management. Specifically, I would like to get into Hedge Fund work (analyst/research, and eventually management). However, the school I'm going to isn't exactly a target. Also, unfortunately, I haven't had any practical experience in financial services at all at this point.
However, I do have an opportunity to begin working for Charles Schwab Bank this winter as a Broker Trainee. I am aware that the work will be mostly retail sales.. but I will at least be in the industry, have my 7 and 63 licenses, and some exposure to the investing world. I will also have several months of experience by the time I graduate in May.
My question is this: Will I be wasting my time at Schwab, or will the skills/experience gained be beneficial to me when trying to break into AM? I need to have an answer for schwab within the next few weeks.. thanks in advance.
P.S.- I'm studying for CFA level one in December as well.